Beefy Finance Launched A New Ape Swap Vault

Published on: 22.06.2021

Beefy Finance Launched A New Ape Swap Vault Deployed on 0xPolygon

Users can now Stake BANANAMATIC LP to earn on Beefy Finance (0xPolygon) platform.

How to Stake on Beefy Finance?

Visit: http://polygon.beefy.finance

About ApeSwap

ApeSwap is a Decentralized Exchange – Automated Market Maker, Yield Farming, and Staking platform on Binance Smart Chain (forked from PancakeSwap).

About Beefy Finance

Beefy Finance is a Decentralized, Multi-Chain Yield Optimizer platform that allows its users to earn compound interest on their crypto holdings.

Through a set of investment strategies secured and enforced by smart contracts, Beefy Finance automatically maximizes the user rewards from various liquidity pools (LPs),‌ ‌automated market making (AMM) projects,‌ ‌and‌ ‌other yield‌ farming ‌opportunities in the DeFi ecosystem.

The main product offered by Beefy Finance are the ‘Vaults’ in which you stake your crypto tokens. The investment strategy tied to the specific vault will automatically increase your deposited token amount by compounding arbitrary yield farm reward tokens back into your initially deposited asset. Despite the name ‘Vault’ suggests, your funds are never locked in any vault on Beefy Finance: you can always withdraw at any moment in time.

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