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Bagels Finance

BAGEL
Official links

News

HKMA Grants First Stablecoin Licenses to Standard Chartered and HSBC

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The Hong Kong Monetary Authority (HKMA) has issued its first stablecoin licenses to Standard Chartered's joint venture and HSBC on April 10, 2025.
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Zainab Kamara

XRP Trading Close to Important Support Level.

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XRP continues to trade just above the critical support level of 130, with low volatility indicating market indecision.
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Tando Nkube

NCA Issues Warning to Crypto Users About Recovery Scams

NCA Issues Warning to Crypto Users About Recovery Scams

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NCA warns crypto users about recovery scams following recent phishing crackdown.
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Son Min-ho

Crypto Expert Anticipates XRP Price Increase.

Crypto Expert Anticipates XRP Price Increase.

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A crypto market expert forecasts that XRP could reach a new all-time high, citing the end of its corrective phase.
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Kofi Adjeman

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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