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Bagels Finance

BAGEL
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News

Conflicting Signals in Bitcoin Market: No Real Rally in Sight

Conflicting Signals in Bitcoin Market: No Real Rally in Sight

chest
Recent analysis by data analyst CW indicates that key on-chain signals for Bitcoin show no genuine rally has begun, despite short-lived increases driven by speculation.
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Leo van der Veen

XRP Price Approaches Potential Bottom Amid Major Capitulation Event

XRP Price Approaches Potential Bottom Amid Major Capitulation Event

chest
XRP has recorded its largest realized loss spike since 2022, indicating a potential price bottom and recovery.
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Li Weicheng

Bitcoin Miner Sells 1,300 BTC After 15 Years of Holding

Bitcoin Miner Sells 1,300 BTC After 15 Years of Holding

chest
A notable Bitcoin miner sold 1,300 BTC, valued at approximately 750 million, after holding for 15 years, potentially signaling a profit-taking move.
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Aisha Farooq

Corporate Treasuries Mark First-Ever Selling Streak in Bitcoin

Corporate Treasuries Mark First-Ever Selling Streak in Bitcoin

chest
Corporate treasuries have recorded their first-ever selling streak in Bitcoin, with three consecutive weeks of sales, indicating a shift to bearish market conditions.
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Tenzin Dorje

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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