beFTM Redemptions Now Available After 12-Month Unlock Period
beFTM Redemptions Now Available After 12-Month Unlock Period
馃敟 Redeem Your beFTM Now
Following BIP:67, the 12-month unlock period for beFTM has concluded, and the original product has been deprecated. Users can now exchange their beFTM tokens 1:1 for the underlying FTM through Beefy's burning mechanism. To redeem, users should visit the beFTM vault page on the Beefy app, connect their wallet to the Fantom network, enter the balance they want to exchange, and hit 'burn beFTM'. With the upcoming release of FantomSonic and its improvements, Beefy looks forward to continuing support for the Fantom ecosystem and FTM token.
ChainPatrol Service Renewal Vote for Beefy DAO
Beefy DAO is holding a vote on [BIP:90](https://vote.beefy.finance/#/proposal/0x44cf9a1af6e63641d0fa3c67dde07843ed6637b2c29f6cd60c48aea2fbbda016) to renew ChainPatrol's protective services contract. Key Points: - Initial approval granted in May 2024 under BIP:78 - Service focuses on social media and digital community management - Provides protective and preventive security measures - Previous agreement included limited Power of Attorney for content moderation Community members can cast their votes through the official Beefy voting platform.
Beefy Launches rETH Boost and Womofi Integration
Beefy's latest weekly update (#213) introduces several key developments: - New **rETH Boost** feature launched to enhance yields - Latest BeefyPOD episode released - Partnership with Womofi introducing new quest system - 12 new yield strategies added to the platform This follows recent expansions including HyperEVM integration and the BIFI Trading Campaign. Assets under management continue to grow beyond $250M mark. *Want to maximize your rETH yields? Visit [Beefy](https://beefy.com) to get started.*
Keeta Token Added to Beefy Finance Platform
The Keeta token ($KEETA) experienced significant price movement following its integration with Beefy Finance, a major DeFi yield optimizer platform. This development comes shortly after Beefy's successful POD launch in May 2025. Beefy Finance has been expanding its offerings, recently launching their POD system during a period of substantial market growth that saw: - ETH rising 30% post-Pectra upgrade - Bitcoin reaching $100K milestone - Increased institutional interest in ETH staking The Keeta integration represents another strategic expansion for Beefy's yield optimization ecosystem.
Unprecedented DeFi Yields Signal Potential Alt Season
Notable DeFi protocols are displaying extraordinary yield figures: - RFL/USDC pool showing 48M% APY - GIZA/USDC pair offering 4600% APY These unusually high yields often precede increased activity in alternative cryptocurrencies. While these numbers are remarkable, investors should approach with appropriate due diligence and risk assessment. *Historical context: Similar yield spikes in February 2025 coincided with significant market movements.*
Beefy DAO Votes on New Profit Distribution Model
Beefy Finance has initiated a crucial governance vote on profit distribution mechanisms. The protocol also expanded its yield offerings with 23 new strategies. Key updates: - Community voting on profit distribution model - Integration of beS (Beefy Escrowed Sonic) rewards system - Users can now earn both yield and points through beS - 23 new yield strategies deployed across networks This follows recent developments including RWA integration and BIFI-USDT liquidity mining campaign extensions from previous weeks. **Action Required**: Community members should participate in the governance vote to help shape Beefy's financial future.