Beefy
1195 followers · 4 stories
THE Yield Optimizer. The easiest way to earn more crypto.
Beefy releases VIRTUAL-WETH autocompounding vaults on Robinhood Chain
Beefy launched $VIRTUAL-$WETH autocompounding vaults on Robinhood Chain, integrating with Virtuals.io assets. The announcement, coordinated by AI agents, automates management of liquidity positions for Virtuals assets and expands Beefy's coverage to the new chain.
Beefy adds PONS-WETH yield vault at 42,000% APY
Beefy launched a $PONS-$WETH autocompounding yield vault following the PONS token listing on Robinhood. The vault is advertised at 42,000% APY, giving users a way to capture farm yields on the new listing.
Beefy launches autocompounding Aave v4 stablecoin vaults
Beefy launched new autocompounding vaults for Aave v4 stablecoins, offering 5.6% APY on USDC and 4.1% APY on USDT. The vaults automatically compound yields for depositors on the Aave v4 protocol.
Beefy renews summer incentives on Base with PancakeSwap SOL vaults
Beefy renewed its summer incentives program on Base, covering PancakeSwap's SOL-cbBTC, SOL-USDC, and jitoSOL-SOL liquidity vaults. Users earn boosted rewards by depositing into these vaults through Beefy.
- Incentives run with support from Base, PancakeSwap, Gauntlet, and Merkl.
- Details and participation link available via Beefy's app.
Sonne Finance exploit causes partial losses in some Beefy Optimism vaults
After Sonne Finance was exploited for about $20M on Optimism, Beefy paused nine Sonne vaults on Optimism and Base and withdrew most user funds, though some Optimism vaults saw partial losses.
Beefy Cowcentrated Liquidity Manager (CLM) launches
A major new product offering actively-managed concentrated liquidity vaults for higher yields, after roughly six months of development.
$BIFI token migrates to Ethereum after Multichain collapse
The approved BIP-71 migration moved the token's base to Ethereum with an audited new ERC-20, a universal governance pool ($mooBIFI), and a revenue/token bridge; implemented in September 2023.
Beefy V2 goes live
A major version release delivering a sleek dark-theme interface capable of scaling to thousands of vaults across dozens of chains.
Community approves a new core contributor team
Following the founding team's step back (Beefy became community-led by mid-2021), contributors voted in a formalized core-contributor structure to run ongoing operations.
Beefy protocol launches on BNB Chain
The first set of Beefy vaults went live on BNB Chain, making Beefy the first yield optimizer on the chain and its initial mainnet/protocol launch.
$BIFI governance token launches with the protocol
A fixed 80,000-token supply launched with no pre-mine or investor allocation; roughly 72,000 tokens were distributed to the community via liquidity-mining pools over about 60 days in Q4 2020, with 8,000 locked for the founding team.