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

Bagels Finance

BAGEL
Official links

News

Strategy CEO Discusses Potential Bitcoin Sales

Strategy CEO Discusses Potential Bitcoin Sales

chest
Phong Le, CEO of Strategy, discusses potential scenarios for selling Bitcoin holdings to finance dividend payments and adapt to market conditions.
user avatar

Bayarjavkhlan Ganbaatar

USDT Sees Significant Outflow from Exchanges, Indicating Investor Repositioning

USDT Sees Significant Outflow from Exchanges, Indicating Investor Repositioning

chest
USDT experiences significant outflow from exchanges, indicating potential shifts in investor behavior.
user avatar

Mohamed Farouk

Ethereum Price Predicted to Surge Above $10,000

chest
Crypto analyst Crypto Patel forecasts that Ethereum's price could reach between $10,000 and $15,000 this cycle, driven by institutional adoption and changing market dynamics.
user avatar

Elias Mukuru

Bitcoin Price Forecast Remains Positive

chest
Bitcoin price forecast remains positive with analysts predicting a value of 86,068 in five days and 90,919 in three months.
user avatar

Kenji Takahashi

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.