BIFI Beefy.Finance

关于 Beefy.Finance

Beefy.Finance is a liquidity mining optimizer on Binance Smart Chain, which can use liquidity pools to automate investment strategies. The platform can help investors interact with various liquid mining opportunities without frequent viewing and manual execution of their investment strategies. The platform is constantly exploring new methods to optimize strategies to ensure maximum benefits. BIFI is the platform’s BEP-20 native governance token and has the following use cases: Governance: By holding BIFI, whether it is mortgaged in the governance pool or in the BIFI Maxi vault, users have the right to create proposals and vote. Users do not need to withdraw the mortgaged tokens to participate in voting. Mortgage: Part of the fees paid by users of the Beefy.Finance revenue pool is allocated to the secured BIFI token holders in the governance pool and BIFI Maxi Vault. Rewards are paid in the form of wBNB and BIFI respectively. The agreement includes the following main components: Vaults: Vaults are an investment tool that adopts a set of specific strategies for profit mining. Through automatic investment and reinvestment, Vaults help achieve high levels of compound interest. Strategy: Vaults strategy is a modular smart contract that can tell Vaults which assets to mine and where to sell these assets. Rewards will be collected regularly, converted into original assets, and then deposited again for compound interest mining. Barn of Trust: Barn of Trust provides users with the opportunity to obtain rewards in multiple dApp projects by collateralizing TWT or BIFI in Vaults.