Beefy Finance Boosted LaunchPool For QiDao Vaults
Beefy Finance Boosted LaunchPool For QiDao Vaults.
Users can now Stake MAI-USDC LP to earn on Beefy Finance platform with a Boosted APY and also earn extra $QI tokens paid on top of the usual vault yield.
About QiDao
QiDao is a self-sustaining, community-governed defi protocol built on polygon that allows users to borrow stablecoins (soft pegged to USD) interest-free against their crypto assets. This means you can use the value in your assets without having to sell them.
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.
