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Bagels Finance

BAGEL
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News

Arbitrum Governance Proposes Major Funding for Foundation

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Arbitrum governance is evaluating a funding proposal for the Arbitrum Foundation, seeking 16 million in real-world assets, 1,700 ETH, and 230 million ARB tokens to support its operations for another year.
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Luis Flores

Crypto Scammers Target 2026 World Cup Fans

Crypto Scammers Target 2026 World Cup Fans

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TRM Labs warns of emerging crypto scams targeting fans of the 2026 World Cup, including fake ticketing and speculative tokens.
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Arif Mukhtar

Ethereum Researchers Introduce SPHINCS for Quantum-Resistant Signatures

Ethereum Researchers Introduce SPHINCS for Quantum-Resistant Signatures

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Ethereum researchers introduce SPHINCS, a post-quantum signature design for enhancing wallet security against quantum computing threats.
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David Robinson

Bitcoin Faces Major Liquidation Event Amid Price Fluctuations

Bitcoin Faces Major Liquidation Event Amid Price Fluctuations

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Bitcoin traders faced significant liquidations as the price fluctuated sharply, resulting in nearly $980 million in liquidations within 24 hours.
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Maria Gutierrez

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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