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Bagels Finance

BAGEL
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News

Dutch Finance Minister to Revise Tax Overhaul

Dutch Finance Minister to Revise Tax Overhaul

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The Dutch Finance Minister announced plans to amend the controversial tax bill on unrealized gains following criticism from lawmakers and investors.
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Rajesh Kumar

India's Gold ETF Inflows Hit Record 250 Billion Rupees

India's Gold ETF Inflows Hit Record 250 Billion Rupees

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Gold ETF inflows in India have reached a record 250 billion rupees, surpassing equity mutual fund inflows for the first time.
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Lucas Weissmann

Potential Surge in Coinbase's USDC Revenue with Increased Adoption

Potential Surge in Coinbase's USDC Revenue with Increased Adoption

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Bloomberg analysts estimate that Coinbase's USDC-related revenue could grow significantly with broader adoption and regulatory clarity.
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Filippo Romano

Ethereum Faces Increased Selling Pressure Amid Market Caution

Ethereum Faces Increased Selling Pressure Amid Market Caution

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Ethereum is experiencing significant selling pressure as market sentiment shifts towards caution, with a notable increase in user deposits to exchanges.
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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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