Beefy Finance is a decentralized profit optimization platform that supports multi-chain and automates yield farming strategies.
The protocol allows users to deposit assets into automated Vaults, maximizing profits from DeFi across multiple blockchains with high safety and transparency.
MAIN CONTENT
Beefy Finance provides automated strategic Vaults to optimize cross-chain yield farming.
The protocol stands out with its compounding feature, security from audits, and decentralized DAO governance.
The BIFI token plays an important role in protocol governance and revenue sharing.
What is Beefy Finance?
Beefy Finance is a decentralized yield optimizer protocol that supports over 20 blockchains, where users deposit assets into smart Vaults to automatically optimize profits from liquidity mining or staking.
Launched in 2020, Beefy Finance has achieved a TVL of up to 400 million USD, confirming its position as one of the leading cross-chain yield aggregators today.
How does Beefy Finance work?
At the heart of Beefy is the Vault system, allowing users to deposit assets while the protocol automatically executes the most efficient farming strategies such as reinvesting compound profits, managing assets to avoid liquidation, and simplifying operations with just one click.
Beefy's automation protocol helps investors save time and maximize profits safely and transparently.
Reviews from the CEO of Beefy Finance, 2024
All processes are carried out through smart contracts that have been thoroughly audited to ensure safety and efficiency for users.
What are the main products of Beefy Finance?
Vaults are the core component of the protocol, providing automated strategies that help users farm tokens, receive rewards, and reinvest to increase APY without manual intervention.
Launchpool allows staking tokens to receive mooToken rewards from reputable partners, audited by Certik.
Farming strategies are designed modularly with smart contracts to optimize farming timing, profit-taking, and risk limitation.
Barn of Trust is a special Vault for staking BIFI or TWT to receive additional rewards, supporting partners and affiliate campaigns.
What are the outstanding advantages of Beefy Finance?
Beefy stands out for its ability to operate on over 20 blockchains, with more than 900 Vaults and 1,200 diverse farming strategies, offering APY of up to 150–200%.
Smart contracts are audited by top firms like Certik, PeckShield, Immunefi, along with a bug bounty program to enhance security for the community.
Project governance is based on a DAO, where the BIFI community can contribute ideas and decide on development directions.
What are the current metrics of Beefy Finance (updated 05/2025)?
Metrics Total TVL (Total Value Locked) ~230 million USD Number of supported blockchains 20+ chains Number of active Vaults Over 900 Vaults Number of farming strategies ~1,200 strategies BIFI token price estimated at 350–400 USD/BIFI Total supply of BIFI 80,000 (Fixed supply) Number of BIFI staking wallets Over 10,000 wallets Average Vault transactions/day Over 5,000 transactions Highest APY of the Vaults 150–200% (depending on chain)
What are the notable features of the BIFI token and Tokenomics?
The BIFI token is the governance token of Beefy Finance, issued on BNB Chain and Ethereum according to BEP-20, ERC-20 standards with a fixed total supply of 80,000 BIFI.
BIFI holders have the right to propose and vote on system changes, receive protocol revenue shares, and access special features of the Vault.
What are the characteristics of the Beefy Finance development team?
Although the development team remains anonymous, the project maintains clear transparency through channels like Discord and Twitter, while applying a community-centered governance model through a DAO operated by BIFI holders.
Which partners and investors does Beefy Finance collaborate with?
Beefy partners with major partners like PancakeSwap, Thena, Trader Joe, SpiritSwap, and is audited by Certik. The protocol is also integrated into reputable DeFi dashboard platforms like DeBank, Zapper, and DefiLlama.
Summary of Beefy Finance
Beefy Finance is one of the leading cross-chain yield aggregators, providing effective, safe, and time-saving automation solutions for individual investors in an increasingly complex DeFi environment.
Beefy Finance not only enhances the investment experience with automation but also builds a strong community through decentralized DAO governance.
Nguyễn Hải An, Blockchain expert, 2025
Frequently Asked Questions
Is Beefy Finance safe? Beefy Finance is audited by reputable firms like Certik, PeckShield, Immunefi, and applies a bug bounty to ensure the safety of smart contracts. How to start using Beefy Finance? Users just need to connect their wallet, choose the appropriate Vault, and deposit assets for the protocol to automate the farming process. What is the function of the BIFI token? BIFI is a governance token that allows holders to vote, receive revenue shares, and access special features. How many blockchains does Beefy support? Currently, Beefy Finance supports over 20 different blockchains, diversifying yield farming options. What is the total supply of the BIFI token? The total supply of the BIFI token is fixed at 80,000, with no additional issuance.
Source: https://tintucbitcoin.com/beefy-finance-bifi-la-gi/
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