$BIFI
The token plays an important role in the Beefy ecosystem, but price charts alone don’t tell the full story. A downward trend doesn’t necessarily reflect poor performance, it might just mean there’s no VC or “cabal” propping up the price, or that current retail sentiment isn’t aligned with the yield farming narrative right now.
While the peak of yield farming hype may have passed, @beefyfinance continues to evolve. Most recently with the launch of CLM vaults, embracing the v3 wave and adapting to the ever-changing DeFi landscape.
Just look around—many once-popular DeFi projects, like @alpacafinance, have shut down after failing to pivot. Yet Beefy remains resilient, with over $5M in its treasury and a team still building for the long term.