We’re excited to announce a new 12-week liquidity mining campaign for Beefy Finance with a US$15,000 reward pool! The campaign will start on November 9, 2021.
- Start date: November 9, 2021, 12:00 am UTC
- Total reward pool*: US$15,000 (1,250 USDT per week)
- Reward token: USDT
- Eligible token pairs: BIFI/BUSD
- Eligible orders: maker orders placed with spreads of 2.0% or lower
- Exchange: Binance (Use this Hummingbot referral link to support our project!)
About Beefy Finance
Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings.
Through a set of investment strategies secured and enforced by smart contracts, Beefy Finance automatically maximizes the user rewards from various liquidity pools (LPs), automated market making (AMM) projects, and other yield farming opportunities in the DeFi ecosystem.
The main product offered by Beefy Finance is the 'Vaults' in which you stake your crypto tokens. The investment strategy tied to the specific vault will automatically increase your deposited token amount by compounding arbitrary yield farm reward tokens back into your initially deposited asset. Despite what the name 'Vault' suggests, your funds are never locked in any vault on Beefy Finance: you can always withdraw at any moment in time.
DeFi applications are unique in the sense that they are permissionless and trustless, meaning that anyone with a supported wallet can interact with them without the need for a trusted middleman. While you have funds staked in a vault, you remain 100% in control of your crypto.
To learn more, please visit: https://www.beefy.finance
*For full terms of the campaign, please see liquidity mining campaign terms. To learn more about liquidity mining, see below:
- Hummingbot Miner’s app
- Hummingbot liquidity mining rewards and terms
- Hummingbot Academy
- Liquidity mining FAQs
- 24/7 support
Important notes and disclaimers
Please review the Liquidity Mining Policy for the full disclaimer, including policies related to the use of Hummingbot.
The content of this Site does not constitute investment, financial, legal, or tax advice: none of the information contained on this Site constitutes a recommendation, solicitation, or offer to buy or sell any digital assets, securities, options, or other financial instruments or other assets, or to provide any investment advice or service.
No guarantee of profit: CoinAlpha does not claim that liquidity mining and participation in liquidity mining campaigns will be profitable, however, measured, for the user. Liquidity mining yields are a measure of rewards compared to assets used for liquidity mining, excluding any gains or losses incurred from the underlying trading strategy.
- Eligibility requirements: participation in liquidity mining is subject to eligibility requirements as specified in the liquidity mining policy.
- Campaign terms subject to change: terms may be modified over the course of the campaign. We will announce any changes, if any, on our Discord and Reddit; the most up-to-date terms will also be posted on the liquidity mining campaign terms and the miners app.