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Bagels Finance

BAGEL
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News

Kevin Warsh's Hawkish Approach Could Pressure Bitcoin Prices

Kevin Warsh's Hawkish Approach Could Pressure Bitcoin Prices

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Kevin Warsh's hawkish stance on monetary policy may pressure Bitcoin prices in the short term, but his understanding of digital assets could foster long-term institutional confidence.
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Maria Gutierrez

Swiss Campaign for Bitcoin Reserves Fails to Gather Signatures

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A campaign led by Yves Bennaim to require the Swiss National Bank to hold Bitcoin alongside gold and foreign currencies has failed to gather enough signatures for a national referendum.
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Andrew Smith

AMINA Bank Becomes First Regulated Institution to Support Canton Coin

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AMINA Bank has become the first regulated bank in Switzerland to offer custody and trading services for Canton Coin, enhancing access to digital assets for institutional clients.
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David Robinson

Analyst Raises Key Questions About XRP's Role in Global Settlement Systems

Analyst Raises Key Questions About XRP's Role in Global Settlement Systems

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Crypto analyst Iso Ledger sparks debate on the demand for XRP in a global settlement system, questioning its value and functionality.
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Zainab Kamara

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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