BIFI is now powered by Chainlink

Published on: 24.11.2023
BIFI is now powered by Chainlink

BIFI is now powered by Chainlink Cross-Chain Interoperability Protocol (CCIP), the industry-standard connectivity solution for Web3.

Chainlink CCIP: A Revolutionary Messaging Service for Increased Blockchain Interoperability

Chainlink CCIP introduces a cutting-edge messaging service that enables swift interoperability between various blockchains. By utilizing multiple Chainlink decentralized oracle networks (DONs), CCIP can transmit messages to different chains and monitor potential risks, all while reducing dependence on centralized actors and lessening exposure to individual attack vectors.

The CCIP platform allows for the rapid and secure interconnection of its xERC20 token contracts across various chains. This enables seamless minting and burning of $BIFI, so you can have access to Beefy from anywhere.

Introducing BIFI’s New Cross-Chain Token: CCIP

The BIFI new cross-chain token has only been around for a month, but it’s already gaining popularity due to its low-cost and friction-free transactions. CCIP is just the beginning, as BIFI plans to add more chains, protocols, and incentives to Beefy’s liquidity flywheel. 

Introducing Beefy, the Decentralized Finance (DeFi) Yield Optimizer

Are you looking to increase your cryptoasset earnings? Look no further than Beefy! This innovative project uses auto compounding to help users earn even more of the crypto assets they love. Beefy is a platform that leverages these characteristics to provide hundreds of yield opportunities from across the ecosystem to users in a safe and decentralized manner. It offers a simple, yet beautifully designed interface for users to access its features.

Understanding the Beefy Token Bridge

The Beefy Token Bridge is a system developed by Beefy to facilitate the implementation of $BIFI tokens across different blockchain networks. To ensure that the distribution of $BIFI tokens remains under the control of the Beefy DAO, the Token Bridge and all related contracts were developed by Beefy. The bridge uses messaging and bridging services to enable cross-chain exchanges.

FOLLOW Beefy Finance

Website | X


Beefy Finance

Market Stats:
BTC Dominance: 53.94%(+0.19%/24h)
ETH Dominance: 17.51%(0.00%/24h)
Defi Market Cap: $84.81B(-8.36%/24h)
Total Market Cap: $2361.53B(-1.49%/24h)
Total Trading Volume 24h: $73.4B(-18.17%/24h)
ETH Market Cap: $413.36B
Defi to ETH Ratio: 20.52%
Defi Dominance: 3.42%
Altcoin Market Cap: $1087.73B
Altcoin Volume 24h: $44.31B
Total Cryptocurrencies: 30676
Active Cryptocurrencies: 10016
Active Market Pairs: 82081
Active Exchanges: 792
Total Exchanges: 8971
BTC: 64544.67$(-0.58%/1H)
ETH: 3440.53$(-0.49%/1H)
AVAX: 27.43$(-1%/1H)
BNB: 572.47$(-0.44%/1H)
MATIC: 0.53$(-1.14%/1H)
FTM: 0.49$(-1.74%/1H)
ADA: 0.44$(-1.07%/1H)
DOT: 6.14$(-1.51%/1H)
UNI: 7.85$(-1.65%/1H)
CAKE: 2$(-0.45%/1H)
SUSHI: 0.74$(-1.42%/1H)
ONE: 0.02$(-0.23%/1H)