• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bagels Finance

BAGEL
Official links

News

JPMorgan Launches New Blockchain-Based Money Market Fund

chest
JPMorgan is launching a new blockchain-based money market fund that will invest in US treasury securities.
user avatar

Ayman Ben Youssef

XRP Ledger Gains Attention as Banks Prepare for SWIFT Changes

chest
Banks are increasingly interested in the XRP Ledger as they prepare for changes to the SWIFT messaging system, recognizing its efficiency and compliance with new ISO 20022 standards.
user avatar

Nguyen Van Long

SWIFT's New ISO 20022 Mandate to Transform Global Banking

SWIFT's New ISO 20022 Mandate to Transform Global Banking

chest
A crypto analyst warns that the global banking system will undergo significant changes due to SWIFT's new ISO 20022 mandate, which will take effect in November 2026.
user avatar

Tando Nkube

Ethereum Market Experiences Calm Amid Strong ETF Inflows

Ethereum Market Experiences Calm Amid Strong ETF Inflows

chest
The Ethereum market is currently witnessing a notable calm after a period of increased activity, particularly on cryptocurrency exchanges. As bullish momentum gradually returns, the ETH Exchange Flux Balance indicates reduced trading activity.
user avatar

Kofi Adjeman

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.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.