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Bagels Finance

BAGEL
Official links

News

BNB Chain Positioned for Growth Post-CLARITY Act

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Grayscale's Head of Research identifies BNB Chain as a leading ecosystem poised to capture institutional flows following the anticipated CLARITY Act.
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Elias Mukuru

VanEck Launches First US Spot ETF for BNB

VanEck Launches First US Spot ETF for BNB

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VanEck has launched the first US exchange-traded fund (ETF) providing spot exposure to BNB, marking a significant milestone for the BNB Chain ecosystem.
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Bayarjavkhlan Ganbaatar

Spot ETFs and Institutional Investments Influence Bitcoin Market Dynamics

Spot ETFs and Institutional Investments Influence Bitcoin Market Dynamics

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The growing influence of Spot ETFs and institutional investment vehicles is reshaping Bitcoin's market dynamics and participation levels.
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Mohamed Farouk

Potential Recovery Signals for Ethereum Against Bitcoin

Potential Recovery Signals for Ethereum Against Bitcoin

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Ethereum shows signs of potential recovery against Bitcoin, with the ETHBTC pair reaching a support zone that may lead to increased inflows.
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Diego Alvarez

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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