Staked BIFI wallet

What is Staked BIFI (MOOBIFI)?

mooBIFI is a receipt from Beefy's BIFI vault. "moo" is the prefix Beefy puts on every vault share it issues, so the name tells you what the token is: a claim on a share of the pool, not BIFI itself. The vault collects protocol revenue in ETH and converts it into additional BIFI, which increases the pool without increasing the number of shares. The consequence for a holder is that the mooBIFI balance sits still while the BIFI behind each unit grows. Nothing has to be claimed or compounded manually; that is the whole point of the wrapper.

Where it gets fiddly is chains. mooBIFI has representations beyond its Ethereum home, and the versions on other networks are the same asset only through the messaging layer that links them. They are not one shared balance, and an ordinary transfer will not carry a holding from one network to another.

Before you move it

• Confirm which network the balance is actually on
• Keep the native coin of that network for fees; mooBIFI never pays its own gas
• Redeem through the Beefy vault to get BIFI back, rather than sending mooBIFI somewhere expecting BIFI

Supported networks in Tangem (3): Base, Ethereum, Optimism.

Tangem tracks each of those networks as its own balance and states the outgoing network on screen before the card signs, so you can check it against where the recipient is waiting. Holding a multi-chain vault share this way keeps that ambiguity visible instead of hidden.