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About

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 are 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 the name 'vault' suggests, your funds are never locked in any vault on Beefy Finance: you can always withdraw at any moment in time.

About

An initial naive approach to take when counting LP tokens an account owns, would be to simply check the balance the account currently holds. The Uniswap subgraph makes this particularly easy. The problem with this approach is that many times LP tokens are staked in various contracts that provide reward incentives, at which point the tokens are not held by the account. A different approach that addresses this issue is to compute the LP tokens that have been “minted” and “burned” by the account, when depositing and withdrawing assets from the pool. This addresses the problem of LP tokens being staked in any unknown contract, however, it comes with some important caveats. It’s almost certain that our approach will evolve over time as changing practices with regard to staking contracts, feedback from users, and our own experience will improve our solution to the problem described.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Multichain Yield optimizer solution for individuals

Audience

DeFi liquidity providers searching for a solution that provides actionable finance analytics

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Beefy Finance
www.beefy.finance/

Company Information

Revert
Founded: 2021
revert.finance/

Alternatives

Alternatives

EverStake

EverStake

EverRise
pSTAKE

pSTAKE

pSTAKE Finance

Categories

Categories

Integrations

Ethereum
APY.vision
Arbitrum
Avalanche
Binance Web3 Wallet
Celo
Chainfulness
Exponential DeFi
Fantom
HubSpot Customer Platform
MathWallet
MetaMask
Moonriver
Multifarm
Polygon
SafePal
Uniswap
WalletConnect

Integrations

Ethereum
APY.vision
Arbitrum
Avalanche
Binance Web3 Wallet
Celo
Chainfulness
Exponential DeFi
Fantom
HubSpot Customer Platform
MathWallet
MetaMask
Moonriver
Multifarm
Polygon
SafePal
Uniswap
WalletConnect
Claim Beefy Finance and update features and information
Claim Beefy Finance and update features and information
Claim Revert and update features and information
Claim Revert and update features and information