Beefy.Finance has launched 8 new JetFuel vaults, offering users over 80 different vault options, ultimately allowing users to manage their yield farming effortlessly.
Beefy Finance (Yield Optimizer on the Binance Smart Chain) has launched new vaults today. The most prominent being the $FUEL / $BNB vaults. There are two options for users who wish to use these vaults, as you can provide liquidity via PancakeSwap or StreetSwap.
As shown in the picture above, the APY (unstable) is incredibly high. Currently, yields are over 2% in daily returns, amounting to over 400,000% in yearly returns for LP’s. Users can provide liquidity to either StreetSwap or PancakeSwap, but users earn a higher percentage of fees using StreetSwap.
On top of the $FUEL / $BNB pair the team at Beefy.Fi has released vaults for the following pairs:
$BHC – $BNB (StreetSwap TLP)
$ETH – $BNB (PancakeSwap LP)
$CAKE – $BNB (PancakeSwap LP)
$UNI – $BNB (PancakeSwap LP)
$LINK – $BNB (PancakeSwap LP)
$BUSD – $BNB (PancakeSwap LP)
$USDT – $BNB (PancakeSwap LP)
Beefy.Fi now offers users over 80 different vault options, allowing users to manage their yield farming effortlessly.
What is JetFuel.Fi?
JetFuel.Finance is a deflationary yield farming ecosystem on the Binance Smart Chain (BSC).
Their native token is $FUEL, A Fair-Launch deflationary yield farming ecosystem on the Binance Smart Chain (BSC).
JetFuel combines features from the most successful DeFi projects such as Compound, Fry.World, Yearn and Harvest Finance, here on the BSC.
The Jetfuel ecosystem is built around $FUEL, a deflationary yield farming token with a 2% tax per transaction. Every tx burns 1% per transaction. This helps alleviate sell pressure and makes the supply of $FUEL more scarce over time. To learn more regarding JetFuel.Fi check out this in-depth project review.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.