Beefy

BIFI Price

What is Beefy about?

Beefy Finance is a Decentralized Finance (DeFi) Yield Optimizer platform that allows its users to earn compound interest on their holdings. $BIFI tokens are ‘dividend-eligible’ revenue shares in Beefy Finance, through which holders earn profits generated by Beefy Finance and are entitled to vote on important platform decisions.

What makes Beefy unique?

There are lots of farms to choose from across several blockchains. Beefy automates and optimizes different investment strategies, allowing token holders to benefit from the upside of complex farming protocols. Users can request new vaults directly from Beefy’s developers and the time it takes to answer these requests is very low.

What's the history of Beefy?

Beefy Finance is a supported partner of Binance’s official decentralized wallet, Trust Wallet, and audited by Certik to guarantee the robustness of deployed smart contracts. Certik has already provided audits for such projects as Ocean Protocol, NEO, Ontology, and Waves.

What can Beefy be used for?

Beefy Finance has its native governance token $BIFI at its core. Platform revenue is generated from a small percentage of all the vault profits and distributed back to those who stake $BIFI. $BIFI Tokens can be staked on the Beefy platform to gain rewards and interest. A portion of the fees paid by anyone using Beefy’s yield optimization vaults are distributed to holders of $BIFI staked on the platform.

Where can you buy Beefy?

BIFI tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Beefy is Uniswap V3 (Ethereum), where the most active trading pair BIFI/WETH has a trading volume of $12,123.59 in the last 24 hours.

What is the daily trading volume of Beefy (BIFI)?

The trading volume of Beefy (BIFI) is $11,901.64 in the last 24 hours, representing a -14.40% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Beefy (BIFI)?

Beefy (BIFI) reached an all-time high of $4,116.95 and an all-time low of $3.28. It’s now trading -98.20% below that peak and 2,142.70% above its lowest price.

What is the market cap of Beefy (BIFI)?

Market capitalization of Beefy (BIFI) is $5,889,312 and is ranked #1653 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BIFI tokens (80 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Beefy (BIFI)?

The fully diluted valuation (FDV) of Beefy (BIFI) is $5,889,312. This is a statistical representation of the maximum market cap, assuming the maximum number of 80 Thousand BIFI tokens are in circulation today. Depending on how the emission schedule of BIFI tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Beefy compare against its peers?

With a price increase of 28.10% in the last 7 days, Beefy (BIFI) is outperforming the global cryptocurrency market which is up 14.10%, while outperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 21.90%.

How to add Beefy (BIFI) to MetaMask?

Adding Beefy (BIFI) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import BIFI as a token. You can copy BIFI’s contract address (0xb1f1ee126e9c96231cc3d3fad7c08b4cf873b1f1) and import it manually, or if you've installed MetaMask's chrome extension, add BIFI to MetaMask with one click on CoinGecko.

Add BIFI to MetaMask.