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Bagels Finance

BAGEL
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News

t54ai Introduces x402 Facilitator for Seamless AI Payments on XRP Ledger

t54ai Introduces x402 Facilitator for Seamless AI Payments on XRP Ledger

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t54ai has launched an innovative x402 facilitator on the XRP Ledger, enabling AI agents to pay for API calls and digital services using XRP or RLUSD.
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Kenji Takahashi

Bitcoin Lightning Network Sees Surge in Monthly Transactions

Bitcoin Lightning Network Sees Surge in Monthly Transactions

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In November 2023, the Bitcoin Lightning Network saw a surge with over 11 billion transactions processed, indicating increased adoption by larger players.
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Maria Fernandez

Capitulation Risk Grows for Ethereum Whales Amid Unrealized Losses

Capitulation Risk Grows for Ethereum Whales Amid Unrealized Losses

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Capitulation risk grows for Ethereum whales amid unrealized losses.
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Gustavo Mendoza

Exchange Inflows and Liquidity Dynamics Impact XRP Market

Exchange Inflows and Liquidity Dynamics Impact XRP Market

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A recent CryptoQuant report highlights the impact of exchange inflows and liquidity dynamics on XRP's market behavior, indicating that spikes in inflows may precede volatility expansion.
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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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