Bagels Finance

1. Summary

Ranks

Liquidity

-

Developer

-

Social

90

Momentum (beta)

0

Stack Rank™

-

Price

$0.000082250000 0.0%

Market Cap

$32,989.00 (#4861)

Supply

/

Tags

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Price
52W High price	$0.02
52W High date	17th Jan 2022 (2 years ago)
All Time High (ATH) Date	5th Feb 2024 (2 months ago)
All Time Low (ATL) Date	5th Feb 2024 (2 months ago)

Supply & Trading Volume
Trading Volume (24h)	$5.00

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Description

Bagels Finance is a yield farming platform that uses leverage and runs on various blockchain networks, including Ethereum's Layer2, Heco, and BSC. It allows lenders to deposit a range of assets into smart contracts in return for substantial interest and miners to maximize returns through optimized transaction processes. Borrowers can use 2-10x leve...

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Bagels Finance is a yield farming platform that uses leverage and runs on various blockchain networks, including Ethereum's Layer2, Heco, and BSC. It allows lenders to deposit a range of assets into smart contracts in return for substantial interest and miners to maximize returns through optimized transaction processes. Borrowers can use 2-10x leverage to increase their mining returns and also receive BAGLE mining rewards. Bagels aims to optimize liquidity for LP mining and decentralized transactions within the Ethereum, BSC, and HECO ecosystems. It also allows currency holders to participate in decentralized governance and become a board member of Bagels Finance, with the chance to receive half the platform's revenue as dividends. The platform is set to feature multi-chain leveraged liquidity mining and will be deployed in BSC/HECO/Polygon tri-chain. Bagels Finance claims to offer a higher deposit rate than other DeFi lending platforms and let users choose their borrowing rate based on their chosen leverage multiple.

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