Get Mars Land NFT of your dreams & experience in-game Metaverseon Mars4

Beefy Finance

Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings

  • #...
    In General
  • #...
    In Games
  • #...
    In Hive

Splinterlands statistics

This data represents the raw on-chain activity of the tracked smart contracts
For this data we are tracking:Smart Contracts
Advanced dataSee more in-depth analytics
Description

What is Beefy Finance?

Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings. Through a set of investment strategies secured and enforced by smart contracts, Beefy Finance automatically maximizes the user rewards from various liquidity pools (LPs),‌ ‌automated market making (AMM) projects,‌ ‌and‌ ‌other yield‌ farming ‌opportunities in the DeFi ecosystem. The main product offered by Beefy Finance are the 'Vaults' in which you stake your crypto tokens. The investment strategy tied to the specific vault will automatically increase your deposited token amount by compounding arbitrary yield farm reward tokens back into your initially deposited asset. Despite the name 'Vault' suggests, your funds are never locked in any vault on Beefy Finance: you can always withdraw at any moment in time. DeFi applications are unique in the sense that they are permissionless and trustless, meaning that anyone with a supported wallet can interact with them without the need for a trusted middleman. While you have funds staked in a vault, you remain 100% in control of your crypto.


SIMILAR DAPPS YOU MAY LIKE

Explore more popular decentralized applications

Beefy Financetakes full advantage of the power of the blockchain.It is a game based on the NFT + meta-universe on ThunderCore Polygon Avalanche IoTeX Harmony Klaytn Heco blockchain which anyone can play. Any new player can earn game tokensAvalanche to consume or transact in the virtual world.
NFT is a non-homogeneous token, and NFT provides a new way to solve copyright problems: when a work is cast as an NFT chain, it is given a unique code that can not be tampered with. No matter how many times the work is copied and disseminated, the original author remains the sole owner of the work. With the help of blockchain, players can create rare virtual items and ensure their scarcity. The the assets in the game is absolutely true and Beefy Finance is a good tool to make money.
Beefy Financetokens are Avalanche ,which are virtual tokens minted on the blockchain.
If the player experiences the joy of Beefy Finance, they can follow the official instructions to join in. If you want to make money as a sideline, you need to think carefully.