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Bagels Finance

BAGEL
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News

Uniswap Introduces New Launches Beta Tab for Enhanced Token Discovery

Uniswap Introduces New Launches Beta Tab for Enhanced Token Discovery

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Uniswap has introduced a new Launches beta tab in its web app to enhance the discovery of new tokens across various launchpads.
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Aisha Farooq

Sui's Innovative USDsui Stablecoin Strategy

Sui's Innovative USDsui Stablecoin Strategy

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Sui's USDsui stablecoin strategy is revolutionizing token utility by utilizing reserve yield for daily on-chain buybacks and ecosystem distribution.
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Tenzin Dorje

Sui's USDsui Model Competes in the Evolving Stablecoin Market

Sui's USDsui Model Competes in the Evolving Stablecoin Market

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Sui's USDsui model is making strides in the competitive stablecoin market by creating economic utility for stablecoin reserves within its ecosystem.
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Bayarjavkhlan Ganbaatar

Chainlink Whale Transfers 800,000 LINK to Custody, Sparking Trader Interest

Chainlink Whale Transfers 800,000 LINK to Custody, Sparking Trader Interest

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A Chainlink whale transferred 800,000 LINK, valued at around 68 million, from Coinbase into custody, attracting trader interest.
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Elias Mukuru

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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