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Bagels Finance

BAGEL
Official links

News

City Holder Launches Innovative City Management Game

City Holder Launches Innovative City Management Game

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City Holder has launched a new game that empowers players to create and manage their ideal virtual city.
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Tenzin Dorje

Avalanche Blockchain Improves Payment Efficiency for Union Square Merchants.

Avalanche Blockchain Improves Payment Efficiency for Union Square Merchants.

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Avalanche blockchain technology enhances payment efficiency for vendors at the Union Square Holiday Market by enabling instant stablecoin payments.
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Jacob Williams

Investors Advised on Strategies Amid Market Decline

Investors Advised on Strategies Amid Market Decline

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Investors are encouraged to review their asset allocation and consider dollar-cost averaging during market declines.
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Bayarjavkhlan Ganbaatar

Market Analysts Identify Factors Behind Stock Indices Decline

Market Analysts Identify Factors Behind Stock Indices Decline

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Market analysts attribute the decline to inflation concerns, rising Treasury yields, and sector weaknesses.
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Mohamed Farouk

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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