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Bagels Finance

BAGEL
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News

Robert Dunlap Sentenced to 23 Years for Cryptocurrency Fraud

Robert Dunlap Sentenced to 23 Years for Cryptocurrency Fraud

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Robert Dunlap has been sentenced to 276 months in federal prison for orchestrating a $20 million cryptocurrency fraud scheme involving the Meta 1 Coin.
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Ayman Ben Youssef

Dunlap's Lavish Lifestyle Funded by Fraudulent Scheme

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Dunlap funded a lavish lifestyle through a fraudulent scheme, spending $215,000 on a Ferrari and other luxury items while deceiving investors.
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Zainab Kamara

Dunlap's Fraud Involved Fake Art and Gold Claims

Dunlap's Fraud Involved Fake Art and Gold Claims

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Dunlap falsely claimed that his Meta 1 Coin was backed by a $1 billion art collection and $2 billion in gold, deceiving investors.
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Son Min-ho

Senator Blumenthal Increases Examination of Binance Regarding Iran Transactions.

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Senator Blumenthal is intensifying his investigation into Binance regarding its transactions related to Iran, focusing on compliance with US and international sanctions.
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Tando Nkube

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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