• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
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Butterfly Finance

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News

Cumulative Value Days Destroyed Indicates Bitcoin's Market Bottom

Cumulative Value Days Destroyed Indicates Bitcoin's Market Bottom

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Market analyst Ali Martinez highlights that the Cumulative Value Days Destroyed (CVDD) metric suggests Bitcoin's price bottom is at 45,225.
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Tando Nkube

Russia Advances Digital Ruble Initiative to Boost BRICS Trade

Russia Advances Digital Ruble Initiative to Boost BRICS Trade

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Russia is advancing the digital ruble initiative to enhance trade among BRICS nations and reduce reliance on the US dollar.
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Kofi Adjeman

X Takes Action Against Spam and Automation

X Takes Action Against Spam and Automation

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X's leadership is taking steps to combat spam and automation on the platform.
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Nguyen Van Long

What is Butterfly Finance?

Butterfly Finance — a yield optimizer, built on BSC.

Butterfly Finance - dapp.expertIn most DeFi applications, users are required to stake their tokens in a contract in order to generate income. BFLY holders can use their tokens for third party lending, farming or any other smart contract in addition to earning income from transaction fees.

To facilitate this, the BFLY smart contract provides some new methods. They allow staking contracts to determine the commission, received by each holder for any period of time, even if the funds are pooled together. This is a huge jump that allows you to place BFLY directly and get double the returns.

Butterfly Finance works by applying a 5% fee to every transaction and instantly distributing that fee to inviters: 3% up to level 1, 1% up to level 2, 1% up to level 3. Inviters do not have to bid or wait for payment. The fee is awarded by a smart contract and is immediately reflected in the inviter's balance.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.