Beefy Finance is a decentralized finance (DeFi) yield optimizer tool that allows its customers to gather cryptonewsnavigator.com interest on their cryptocurrency holdings. It automatically maximizes user returns from various liquidity pools (LPs), automated market-making (AMM) initiatives, and other yield farming opportunities in the Defi ecosystem using a set of investing methods secured and enforced by smart contracts.
Company Details
- Native Token: BIFI
- Founded: September 21, 2020
- Headquarters: United States
Key Features
Uses smart contracts to compound user rewards automatically from liquidity pools, yield farms, and staking.
BIFI is its native token, allowing users to make governance decisions and earn rewards through its staking pool.
Offers a user-friendly interface accessible by both novice and experienced DeFi users.
Supports several blockchains that allow users to access a wide range of liquidity sources and DeFi protocols.