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Bagels Finance

BAGEL
Official links

News

Cardano Sees Significant Drop in Project Launches

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The Cardano network has seen a significant decline in project launches since 2021, raising concerns about future development and focusing on long-term adoption.
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Gustavo Mendoza

Potential Fractal Pattern Offers Hope for Ethereum's Recovery

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A fractal pattern suggests a potential for a larger breakout in Ethereum's price movement, indicating a transition from accumulation to markup.
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Rajesh Kumar

Grayscale Boosts Cardano Holdings Despite Price Drop

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Grayscale Investments has increased its allocations to Cardano (ADA) despite a price drop, indicating renewed interest from institutional and retail investors.
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Miguel Rodriguez

Ethereum Market Shows Signs of Cooling as Temperature Approaches Cold Levels

Ethereum Market Shows Signs of Cooling as Temperature Approaches Cold Levels

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Recent analysis by Alphractal indicates that Ethereum's market temperature is nearing cold levels, suggesting a potential for long-term accumulation.
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Luis Flores

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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