Beefy Finance logo Beefy Finance - BIFI

Beefy Finance is a automated Yield Aggregator running on Binance smart chain. Native token of Beefy Finance is called BIFI. Basically, yield farming is based on the principle of opportunity costs and can be clearly illustrated using the example of agriculture. A farmer grows a wide variety of plants on his fields - also called farms - throughout the year. The harvest, which is decisive for the farmers' success, only follows after a few months of hard work. But as soon as the harvest begins, farmers speak of yields. Of course, the yield is directly related to the amount grown. The higher the return with a fixed input, the higher the return achieved. In English, the yield is also referred to as the yield and is therefore the second relevant component of yield farming. Accordingly, it should now become clear what is hidden behind yield farming. The farmers in the crypto sector are the investors who invest their coins on different platforms in order to generate a maximum return.

Price

Beefy Finance (BIFI) price for today $1,528.27

Marketcap

Market capitalization $110,035,657

Price movement

Price movement in the last 24 hours -18.09 %

POS ROI (Yearly)

POS return of investment yearly 12.20 %

Volume

24-hour trading volume $10,145,734.85.

POS ROI (Monthly)

POS return of investment montly 1.01 %

Beefy Finance price graph (6 month)


Beefy Finance Staking calculator

Enter your BIFI amount:

BIFI to stake :   0.00 BIFI  ($0.00)

Yearly Earning :   0.00 BIFI  ($0.00)

Monthly Earning :   0.00 BIFI  ($0.00)

Weekly Earning :   0.00 BIFI  ($0.00)

Daily Earning :   0.0000 BIFI  ($0.0000)

How to stake Beefy Finance?

When you want to stake Beefy Finance, you need to transfer your BIFI tokens to Metamask wallet, which needs to be connected to the Binance Smart Chain. And set up Your Own Personal Yield Farm. Yield farming is a development that is based on staking. The normal handling of crypto currencies is changing into a new way of using the functions of the traditional banking system in a decentralized way. The advantage of this is very clear: Thanks to the decentralized account management, mostly via Ethereum, the coins are always decentralized in smart contracts, which means that no third party can steal your crypto currencies.

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