Beefy Finance joins forces with the hot up-and-coming decentralized exchange, JetSwap.
More WINGS
On May 21st, Beefy Finance announced via Twitter their new partnership with JetSwap. Beefy Finance is unveiling four Jetfuelfinance vaults. What is immediately apparent is that the APYs are astronomically high. For anyone keeping a record, 84% in daily returns is the highest daily APY ever seen on Beefy. The yields have since dropped but boast over 15% in the WINGS-BNB pool
Beefy also notes that the WING vault will be boosted by JetFuel, bringing additional rewards. For those new to Beefy Finance, all their vaults compound automatically.
Significance
The addition of JetSwap on Beefy will hopefully be tremendous for the new DEX. With more means for investors to pump in cash, as well as adding pools to Beefy’s protocol, this move could tremendously boost WINGS TLV. The yields that are being offered are staggering. For yield farmers, this is definitely worth checking out. We are witnessing Beefy Finance history.
Beefy Finance
Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings. While you have funds staked in a vault, you remain 100% in control of your crypto.
JetSwap
Jetfuel is a yield farming and yield aggregator protocol that combines properties from the most successful DeFi projects such as Compound, Fry.World, Yearn and Harvest on Binance Smart Chain (BSC). Jetswap is an AMM on Binance Smart Chain that is powered by the WINGS token. It is one of the initial products being offered by Jetfuel.
Source : bsc.news
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