Bagels Finance Announces Strategic Partnership With MetisDAO Layer2 Protocol

Published on: 19.05.2021

Bagels Finance has announced a key strategic partnership with MetisDAO that will allow both organizations to deliver better applications as for their users. In this strategic partnership between Bagels and Metis, Bagels will use its own cross-chain aggregation protocol (Dokodoa) to help Metis solve smart contract interactions with other Layer2 protocols. Bagels will also build further DeFI products on Metis Layer2 leveraging their dApp building power.

 

About Metis:

Based on the spirit of Optimistic Rollup, Metis is building an easy-to-use, highly scalable, low-cost, and fully functional Layer 2 framework (Metis Rollup) to fully support the application and business migration from Web 2.0 to Web 3.0. Its scalable protocol supports a wide range of use cases, including yield farming, DEX trading, and powering the gig economy via dApps that offer cheap and fast micropayments.

 

About Bagels Finance:

Bagels Finance is a cross-chain leveraged yield farming protocol on BSC/HECO/ETH Layer2/Solana. It aims to provide users with up to 10x leverage to earn the higher APY in DeFi liquidity farming market through strategically interacting with multiple DeFi products for farming.

 

INFO:

https://bagelsfinance.medium.com/bagels-finance-announces-strategic-partnership-with-metisdao-layer2-protocol-30f020c384dc

Market Stats:
BTC Dominance: 57.18%(-0.38%/24h)
ETH Dominance: 12.16%(+0.05%/24h)
Defi Market Cap: $112.53B(+6.82%/24h)
Total Market Cap: $3252.39B(-1.55%/24h)
Total Trading Volume 24h: $153.33B(+11.25%/24h)
ETH Market Cap: $395.86B
Defi to ETH Ratio: 28.43%
Defi Dominance: 3.32%
Altcoin Market Cap: $1392.82B
Altcoin Volume 24h: $98.59B
Total Cryptocurrencies: 32952
Active Cryptocurrencies: 10458
Active Market Pairs: 95121
Active Exchanges: 771
Total Exchanges: 9802
BTC: 93972.13$(-1.14%/1H)
ETH: 3285.93$(-0.87%/1H)
AVAX: 36.01$(-0.8%/1H)
BNB: 673.15$(-0.81%/1H)
MATIC: 0.47$(-0.79%/1H)
FTM: 0.97$(-0.42%/1H)
ADA: 0.87$(-1.16%/1H)
DOT: 6.88$(-0.32%/1H)
UNI: 13.4$(-1.22%/1H)
CAKE: 2.36$(-0.67%/1H)
SUSHI: 1.42$(-0.68%/1H)
ONE: 0.03$(-1.35%/1H)