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Bagels Finance

BAGEL
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News

Massive Data Leak from Misconfigured Chatbot Database

Massive Data Leak from Misconfigured Chatbot Database

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A security researcher discovered 300 million messages from 25 million users in a publicly accessible database due to a misconfigured backend.
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Leo van der Veen

Institutional Adoption Could Propel XRP Price to $8

Institutional Adoption Could Propel XRP Price to $8

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Institutional adoption is seen as a key factor that could drive XRP's price to $8, especially after the SEC lawsuit settlement.
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Aisha Farooq

Settlement of SEC vs Ripple Lawsuit Boosts XRP Investor Sentiment

Settlement of SEC vs Ripple Lawsuit Boosts XRP Investor Sentiment

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The settlement of the SEC lawsuit against Ripple in 2025 has led to increased investor confidence and a rise in XRP's price.
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Tenzin Dorje

Trump Media Technology Group Reports Significant Financial Losses

Trump Media Technology Group Reports Significant Financial Losses

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Trump Media Technology Group reports a net loss of over $700 million due to volatility in digital assets.
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Bayarjavkhlan Ganbaatar

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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