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Bagels Finance

BAGEL
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News

David Schwartz Appointed Honorary Board Member of XRP Ledger Foundation

David Schwartz Appointed Honorary Board Member of XRP Ledger Foundation

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David Schwartz has been appointed as an honorary board member of the XRP Ledger Foundation to strengthen its technical stewardship and community engagement.
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Elias Mukuru

XRP Ledger Foundation Restructures Leadership Team for Enhanced Engagement

XRP Ledger Foundation Restructures Leadership Team for Enhanced Engagement

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The XRP Ledger Foundation has restructured its leadership team, introducing a new operating team to enhance technical stewardship and community engagement.
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Mohamed Farouk

Capital B Secures €152 Million in Private Share Placement

Capital B Secures €152 Million in Private Share Placement

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Capital B, a major Bitcoin treasury company in Europe, has successfully raised €152 million through a private share placement, with significant backing from Blockstream CEO Adam Back and asset manager TOBAM.
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Diego Alvarez

Crypto Investors Rally Behind Solana as a Core Financial Asset

Crypto Investors Rally Behind Solana as a Core Financial Asset

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Support for Solana (SOL) is growing among crypto investors who believe it could serve as a key financial infrastructure asset in an agent-driven economy.
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Kenji Takahashi

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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