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Bagels Finance

BAGEL
Official links

News

Kraken to Introduce CFTC-Regulated Perpetual Futures for US Traders.

Kraken to Introduce CFTC-Regulated Perpetual Futures for US Traders.

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Kraken is set to introduce CFTC-regulated perpetual futures for eligible US professional traders through its acquisition of Bitnomial.
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Miguel Rodriguez

Kraken Expands Crypto Trading with Pre-IPO Futures for AI Companies

Kraken Expands Crypto Trading with Pre-IPO Futures for AI Companies

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Kraken has launched new perpetual futures contracts for private AI companies OpenAI and Anthropic, allowing traders to gain synthetic exposure before they go public.
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Luis Flores

Ethereum Faces Potential Third Consecutive Negative Quarter

Ethereum Faces Potential Third Consecutive Negative Quarter

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Ethereum is on track for a third consecutive negative quarter, raising concerns among traders despite strong staking signals.
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Arif Mukhtar

Glassnode Tracks Seller Exhaustion Constant for Market Insights

Glassnode Tracks Seller Exhaustion Constant for Market Insights

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Glassnode tracks the Seller Exhaustion Constant to analyze market trends and provide insights into seller behavior and market dynamics.
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Maria Gutierrez

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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