What is Beefy Finance?
Beefy Finance is a decentralized finance (DeFi) yield optimizer. Its goal is to help users earn higher returns automatically on their crypto assets by compounding rewards for them.
🔧 How it works (simple version)
Users deposit crypto (often LP tokens or single assets) into Beefy Vaults
These vaults:
Automatically harvest rewards
Reinvest them back into the strategy
Compound yields many times a day
This saves users time, gas fees, and manual effort
🌍 Multi-chain platform
Beefy operates across many blockchains, including:
BNB Chain
Ethereum
Polygon
Arbitrum
Optimism
Fantom
Avalanche
(and others)
🐮 BIFI Token
Beefy’s native token is BIFI:
Fixed supply (scarce by design)
Used for governance
Revenue-sharing model (protocol profits benefit BIFI holders)
No inflation or farming emissions
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