Beefy Maxis Strategy Purchases 3,163 BIFI Tokens Worth $1.07M
Beefy Maxis Strategy Purchases 3,163 BIFI Tokens Worth $1.07M
💰 Beefy buys big

Beefy's automated treasury strategy made significant moves in 2024, acquiring 3,163 BIFI tokens valued at $1.07 million.
The yield optimizer platform expanded its offerings with:
- 11 new yield strategies for users
- 5 additional boosts to enhance returns
- New Linea CLM strategies for concentrated liquidity management
This treasury purchase demonstrates Beefy's commitment to its native token while the platform continues growing its DeFi yield optimization services.
Beefy Launches PrismFi Concentrated Liquidity Managers on MegaETH

Beefy has deployed new PrismFi concentrated liquidity managers on the MegaETH network, offering two vault options: - **WETH-USDm pair**: 40% APY - [View vault](https://app.beefy.com/vault/prism-cow-megaeth-weth-usdm-rp) - **WETH-BTCb pair**: 24% APY - [View vault](https://app.beefy.com/vault/prism-cow-megaeth-weth-btcb-rp) These "cowcentrated" liquidity vaults automate position management for liquidity providers on MegaETH, aiming to optimize returns through active range management.
🐮 Beefy Finance Delivers $410K Weekly Yield at 11.3% APY

**January Performance** Beefy Finance generated $1.27M in yield during January, deploying 104 new strategies with 26,700 autocompounds managing user capital. **Last Week's Results** - $410,233 in yield distributed - 11.3% average APY across vaults - 40.64 BIFI tokens bought back (~$5,428) - 18 new strategies launched **Top Performers** Nomad and Curve protocols trending, while eUSD LP leads deposits offering 10% APY. **New Token Listings** - Clawster: social layer for AI - savUSD: market-neutral yield - RNBW: Rainbow Wallet token - VEIL: zk-privacy on Base - TOWER: governance token - MAMO: yield allocation agent
Beefy Partners with Prism for Exclusive CLM Integration
Beefy Finance is developing an exclusive partnership with Prism, focusing on Concentrated Liquidity Management (CLM) integration. **Key Details:** - Partnership announcement teases exclusive CLM collaboration - Builds on Beefy's previous partnership momentum with Sonic - Integration aims to enhance yield optimization capabilities The partnership represents Beefy's continued expansion of its DeFi infrastructure, bringing specialized liquidity management tools to its platform.
🚀 Monad Launch

**Beefy November Performance:** - **$1.73M yield distributed** at 9% average APY - **24 new strategies** deployed across chains - **23,800 harvests** processed automatically - **382 BIFI tokens** bought back **Major Milestone:** Beefy is now **live on Monad** - expanding DeFi yield opportunities to this high-performance blockchain. The platform continues automating yield farming, turning manual processes into passive income streams for users across multiple networks.
🛡️ DeFi Insurance Works

**Nexus Mutual quickly processed nearly $100k in claims** following the Stream Finance exploit, protecting users across multiple protocols. **Key highlights:** - Claims paid out in **under a week** to affected Beefy, Euler, and Harvest Finance users - Coverage extended across Base, Arbitrum, Avalanche, and Sonic networks - Users were protected despite **not directly using Stream Finance** **The contagion effect:** Many users couldn't withdraw funds due to liquidity issues where xUSD was used as collateral, demonstrating how DeFi protocols' interconnected nature creates cascading risks. **Partners like OpenCover** facilitated the rapid payout process, showcasing how **multi-protocol coverage** can provide a safety net against second-order effects in DeFi. This incident highlights both the **real risks of protocol interdependence** and the **effectiveness of DeFi insurance** when properly implemented.