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Bagels Finance

BAGEL
Official links

News

Captain Faibik Remains Bullish on Altcoin Market

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Captain Faibik remains bullish on the altcoin market while being bearish on Bitcoin, advising investors to be patient and wait for confirmation before making moves.
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Zainab Kamara

Record High Google Searches for Oil Prices Amid US-Iran Tensions

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Record high Google searches for oil prices amid US-Iran tensions reflect global concern over military actions and oil supply disruptions.
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Ayman Ben Youssef

US-Iran Talks Fail, Oil Prices Hit $105

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The recent US-Iran talks in Islamabad ended in an impasse, leading to a surge in oil prices, which have now reached $105.
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Son Min-ho

Ethereum's Price Experiences Drop and Stabilization.

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Ethereum price has started a fresh decline, trading below key levels and consolidating above 2,175.
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Tando Nkube

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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