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Bagels Finance

BAGEL
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News

Bitcoin Coinbase Premium Gap Turns Negative After 20-Day Positive Streak

Bitcoin Coinbase Premium Gap Turns Negative After 20-Day Positive Streak

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The Coinbase Premium Gap for Bitcoin has shifted to negative for the first time in 20 days, indicating a change in buying and selling behavior among American investors.
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Diego Alvarez

Digital Asset Sector Sees Positive Net Capital Inflows

Digital Asset Sector Sees Positive Net Capital Inflows

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The digital asset sector has experienced a significant shift with positive net capital inflows for the first time since December, with combined monthly netflows into Bitcoin, Ethereum, and stablecoins surging to a positive value of $3 billion.
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Kenji Takahashi

Bitcoin Options Market Shifts with IBIT Dominance

Bitcoin Options Market Shifts with IBIT Dominance

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Jeff Park discusses the impact of IBIT options on Bitcoin's volatility and potential price movements.
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Maria Fernandez

Market Analyst Predicts Bitcoin Upside Before Potential Crash

Market Analyst Predicts Bitcoin Upside Before Potential Crash

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Market analyst Michael van de Poppe forecasts another strong upside move for Bitcoin before a significant downturn.
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Rajesh Kumar

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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