What is beefy & how does it work?

What is Beefy? Beefy is a Decentralized, Multichain Yield Optimizer that allows its users to earn compound interest on their crypto holdings. Beefy earns you the highest APYs with safety and efficiency in mind.

How do I get Started with Beefy finance?

Start your journey by visiting Beefy Finance’s website. Once there, click on the “Launch App” button. This will transport you to the app section of the website. Next you will need to get your crypto account ready. Beefy Finance distinguishes itself from similar DeFi platforms by supporting numerous different blockchains.

What is beefy finance (BiFi)?

The native token of Beefy Finance, BIFI, is a governance token with a total supply limit of 80,000 tokens. The circulation supply is distributed as 72,000 BIFI and 8,000 for the team to guarantee speedy development and innovation of its protocols. It has a market capitalization of $109.6 million.

Who owns beefy finance?

The team behind Beefy Finance is anonymous. However, two of the ten developers are searchable by usernames; “@superbeefyboy” and “@beefyfinance.” Nevertheless, its team members have attended insider conferences and gotten interviewed; both requiring physical presence.