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Bagels Finance

BAGEL
Official links

News

HYPE Token Experiences Major Price Surge Amid Market Trends

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HYPE token has surged over 65% year-to-date and nearly 200% over the past year, reflecting strong market performance amid uncertainties.
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Lucas Weissmann

Bitwise Moves Closer to Launching Spot Hyperliquid ETF

Bitwise Moves Closer to Launching Spot Hyperliquid ETF

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Bitwise has filed a second amendment with the SEC for its spot Hyperliquid ETF, adding new trading counterparties ahead of its launch.
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Rajesh Kumar

Bitcoin Price Rally Sparks Hope for Bullish Rebound

Bitcoin Price Rally Sparks Hope for Bullish Rebound

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Bitcoin recently traded as high as 73,000, indicating a potential bullish rebound despite being in a bear phase for over six months.
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Filippo Romano

Bitcoin Price Slips Below 73,000 Amid Changing Investor Sentiment

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Bitcoin price dipped below 73,000 as investors adjust their exposure amid inflation concerns.
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Emily Carter

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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