Beefy Price
BIFI
How Much is 1 Beefy (BIFI)
Convert BIFI to your currency
Last Updated on Dec 27, 2025 01:59 PM
What is Beefy?
About the coin
Beefy Finance is a Decentralized Finance (DeFi) Yield Optimizer platform that allows its users to earn compound interest on their holdings. The platform operates without the need for a trusted middleman, making it permissionless and trustless. $BIFI is the native governance token of Beefy Finance, and it can be staked on the platform to gain rewards and interest. Token holders have the right to create and vote on proposals as part of the governance system.
Main features
Beefy Finance automates and optimizes different investment strategies, allowing token holders to benefit from complex farming protocols. Users can request new vaults directly from Beefy’s developers, and the response time is very low. The platform's revenue is generated from a small percentage of all vault profits and distributed back to those who stake $BIFI. Beefy Finance is a supported partner of Binance’s Trust Wallet and audited by Certik.
How it works
Beefy Finance employs a set of investment strategies secured by smart contracts to maximize user rewards from various liquidity pools, automated market making projects, and other yield farming opportunities. Vaults are investment instruments that use automation to continually invest and reinvest deposited funds, achieving high levels of compounded interest. Despite the name 'vault,' user funds are never locked, and withdrawals can be made at any time. Performance fees are built into the displayed APY of each vault, with a portion distributed back to $BIFI stakers.
Wallet for Beefy
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Tangem supports networks for Beefy
- Ethereum
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Beefy FAQ
- Beefy is a cryptocurrency built on a decentralized network, enabling secure and transparent transactions. Its blockchain design supports various use cases depending on the project’s goals.
- Beefy stands out for its performance, cost-effective transactions, and ecosystem support. These strengths make it suitable for various blockchain activities.
- Yes, both names point to the same token. BIFI is just the shorthand symbol used for market and wallet displays.
- To buy Beefy, choose a wallet that supports it, complete the payment, and withdraw the coins to your secure hardware wallet.
- Store Beefy in a non-custodial wallet where you control your keys. Tangem hardware wallets offer strong offline security.
- Beefy isa Decentralized, Multichain Yield Optimizer platformthat allows its users to earn compound interest on their crypto holdings.
- Dogecoinis the largest cryptocurrency by market capitalization in the Meme coins sector.
- Hifi Finance (HIFI) isa decentralized lending protocol built on the Ethereum blockchain, offering fixed-rate, fixed-term lending and borrowing services. It allows users to borrow against their cryptocurrency, providing a predictable and secure way to access the value of their assets without selling them.
- Beefy. Finance (BIFI) is a decentralized, multichain yield optimizer thatallows users to earn compound interest on their crypto holdings. The platform leverages autocompounding technology to maximize rewards from liquidity pools, automated market makers, and other yield farming opportunities.
How to secure Beefy with Tangem Wallet?
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Why choose Beefy wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
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