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Bagels Finance

BAGEL
Official links

News

XRP Withdrawal Activity on Binance Reaches New Highs

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XRP withdrawal activity on Binance has surged, marking the highest share since 2024, indicating a shift in exchange behavior.
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Zainab Kamara

Cardano DeFi Project SecondFi Faces Major Security Flaw

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The Cardano DeFi project SecondFi is facing scrutiny due to a critical wallet key generation flaw, exposing users to potential losses in the tens of millions of dollars.
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Son Min-ho

Avalanche AVAX Sees Significant Rally Amid FIFA World Cup 2026 Collaboration

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Avalanche AVAX has rallied by 37% in the last 24 hours due to a collaboration with FIFA for ticketing, becoming the second-best performing cryptocurrency in the top 100 projects.
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Ayman Ben Youssef

Updated Editorial Standards Highlight Accuracy and Impartiality.

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A new editorial policy has been implemented by the editorial team, emphasizing accuracy, relevance, and impartiality in reporting.
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Tando Nkube

What is Bagels Finance?

Bagels Finance is a leveraged Yield farming cross-chain aggregation protocol deployed on Heco/BSC/Ethereum Layer2. Lenders can deposit ETH, WBTC, USDT, DAI, BNB, HT and other assets into smart contracts to obtain the highest interest return in the market. Borrowers can use 2-10x leverage to borrow money, resulting in up to 2-10x mining returns and BAGLE borrowing mining rewards, providing better liquidity for LP mining and decentralized transactions in Ethereum, BSC and HECO ecosystem. Bagels optimizes transaction processes to maximize liquid mining positions and maximize returns for miners. Deposit users in addition to can get high interest, but also can get deposit mining income, borrowing users can get leverage mining income, according to deposit and borrow the share of the corresponding BAGEL governance token reward. Holders of the currency can pledge BAGEL to participate in DAO's decentralized governance, become a board member of Bagels Finance, and receive a 50% dividend on Bagels platform revenue. One of the biggest highlights of Bagels is the implementation of multi-chain leveraged liquidity mining. Bagels V1 will be deployed in BSC/HECO/Polygon tri-chain, enabling vault farming and leveraged farming of multiple mainstream assets. At Bagels, utilization rate of the deposit pool can be up to 99%.Users' deposit rates will generally be higher than other DeFi lending platforms. The borrowing rate depends on the leverage multiple chosen by the user. The higher the leverage multiple, the higher the interest rate will be, but the borrower can get BAGEL rewards for leveraged mining.

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