Is beefy finance a good investment?

All in all, Beefy Finance proves to be a remunerative method of increasing your APY (Annual Percentage Yield). From an investor’s point of view, now is a good time to invest in Beefy Finance, as the platforms are gaining the confidence of crypto investors on the internet.

What is beefy finance (BiFi)?

With around 80,000 BIFI tokens minted, Beefy FInance means to distribute 90% of this supply to its community members; as the governance token can be used to participate in the voting process, experienced users can contribute to decentralize decision making on the network. The remaining 10% BIFI token is vested to the Beefy Finance team.

Is beefy finance a good alternative to Binance?

As a lucrative alternative, Beefy Finance runs on Binance Smart Chain and with a lower transaction fee. This opens up doors for much more involved strategies that can rebalance frequently and use an increased number of transactions to maximize APY’s (more on APY later). How a Yield is Optimised with Beefy Finance?

Is beefy finance a remunerative way to increase APY?

Yield optimization and compounding are made way easier and cheaper with Beefy Finance, and we’re all for it. All in all, Beefy Finance proves to be a remunerative method of increasing your APY (Annual Percentage Yield).