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Bagels Finance

BAGEL
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News

Bittensor Price Remains Stable Amid Market Fluctuations

Bittensor Price Remains Stable Amid Market Fluctuations

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Bittensor (TAO) maintains a stable price around 285, showing resilience in a fluctuating market.
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Li Weicheng

Bitcoin OG Selling Pressure Falls Sharply After Recent Peak

Bitcoin OG Selling Pressure Falls Sharply After Recent Peak

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Recent data indicates a sharp decline in Bitcoin selling by long-term holders, known as OG investors.
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Aisha Farooq

US Treasury Secretary Scott Bessent Attributes Inflation to Service Sector

US Treasury Secretary Scott Bessent Attributes Inflation to Service Sector

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US Treasury Secretary Scott Bessent attributes rising inflation to the service sector rather than tariffs.
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Tenzin Dorje

The Ether Machine Achieves 1,350 New ETH from Staking

The Ether Machine Achieves 1,350 New ETH from Staking

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The Ether Machine has successfully produced 1,350 net new ETH in staking yields, demonstrating its operational efficiency.
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Bayarjavkhlan Ganbaatar

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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