Beefy

As we bid farewell to 2023, we reflect on the events and accomplishments of the past year in anticipation of the #BullYear ahead.

In Q4 2023, Beefy introduced 158 new vaults and 18 boosts to provide diverse earning opportunities. They expanded to new blockchains, participated in engagements and collaborations, and distributed the new $BIFI token. The launch of #ZAPV3 demonstrates their commitment to user-centric solutions.

Beefy has announced its launch on Linea, a blockchain platform built for communities of builders. Linea uses zero-knowledge technology to offer a performant onchain experience on Ethereum, providing faster finality than other scaling technologies. Linea has engaged with a wide ecosystem of projects, launched its own testnet, and plans to make its rollup technology available as open-source. Beefy aims to contribute to the growth of Linea's DeFi ecosystem and bring autocompounding to its community.

The boosts are now live on SonneFinance and Optimism. Users can enjoy extra yield on top of their $USDCe, $USDT, and $ETH for 4 weeks. Extra rewards are in the form of already staked mooOP in the vault.

Beefy community is offering a 62% vAPR on $ETH along with $2900 in bribes and fees. Join Beefy to get the bribes through VelodromeFi.

The $rBNB - $BNB boost has been refilled, allowing users to enjoy extra $FIS rewards for another 4 weeks on top of their auto compounding position. The magic of liquid staking is now here on the BNB chain.

A commonly used web3 connector has been compromised, leading to the injection of malicious code that can affect multiple dApps. Front-ends of popular platforms like Zapper, SushiSwap, and RevokeCash have been compromised. Users are advised not to interact with any dApps until the issue is resolved.

Beefy has announced the launch of ZAP V3, the next chapter in accessibility and functionality for the Beefy protocol. ZAP V3 introduces a flexible canvas that allows for unlimited integrations, tokens, and swap aggregation. It has been properly audited by OpenZeppelin. The frontend interface for ZAP V3 is now live. Beefy has also incorporated KyberSwap, a leading DEX aggregator, into its ZAP tooling, providing users with the best price across multiple aggregators. Additionally, Beefy is running its largest ever launch campaign, offering rewards in $OP tokens for using ZAP V3 on Optimism. Various incentive programs and marketing initiatives are also planned as part of the campaign.

ZAP V3 is now live, providing a more user-friendly experience in crypto. It offers efficient and cost-effective LP building, allowing users to easily click one button. The Select Token list has over 30 tokens, including stablecoins, bluechips, and natives. A leak reveals a major launch campaign with 210,000 $OP incentives for ZAP users. Users can earn bonus $OP with ZapLaunchBoost vaults.

The Beefy community has introduced single-asset vaults with lucrative APYs, including 12% APY for USDT and 9% APY for LUSD. Other supported assets include USDCe, DAI, sUSD, USDC, USDbC, WETH, and cbETH.