• 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

Cloudflare Outage Highlights Vulnerabilities in Crypto Infrastructure

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The recent Cloudflare outage exposed significant vulnerabilities within the crypto ecosystem, emphasizing the need for comprehensive decentralization.
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Zainab Kamara

BMIC Introduces Quantum-Resistant Wallet for Enhanced Digital Security

BMIC Introduces Quantum-Resistant Wallet for Enhanced Digital Security

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BMIC has launched a quantum-resistant wallet and cloud tools to secure digital assets against future threats.
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Son Min-ho

Japan's 40-Year Bond Yield Reaches Historic 3.7%

Japan's 40-Year Bond Yield Reaches Historic 3.7%

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Japan's 40-year government bond yield has surged to 3.7%, marking a significant shift in the country's long-term interest rates.
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Ayman Ben Youssef

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.