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beefy finance polygon Bnb XRP aave Bonk coinbase futures litecoin futures cardano futures

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.

Is Beefy a legit APY project?

The project legitimately appears to improve regular users’ consistent attempts at finding better APY rewards. Beefy provides new, and often unique, yield earning potential. While its team is anonymous, Beefy’s security has never been disputed so far.

What is beefy BiFi?

What is BIFI? BIFI is the multiutility token of Beefy. The utility is twofold: BIFI stakers earn a part of the revenue generated by Beefy, and both holders and stakers are entitled to vote on important governance decisions. For all the vaults deployed on every blockchain, Beefy has its multiutility token BIFI at its core.

What is a polygon blockchain?

It is a seperate blockchain with different features and parameters which requires moving funds across a “bridge” to get on the Polygon network. The Polygon network uses different technologies than Ethereum Layer 1 so it has a different security model and is able to have lower transaction costs. What is Beefy Finance?

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