Item: BIFI
Rating: 4.53

Related information

Issue Time

2019-01-01

Platform pertained to

Current price

$0.0025USD

Market Cap

$1.316mUSD

Volume of Transaction

24h

$72,808USD

Circulating supply

510.665mBIFI

Volume of Transaction

$394,495USD

Change

24h

0.00%

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BIFI Price Chart

Introduction

Markets

0.00%

+18.41%

-33.71%

All

-84.66%

BIFI is the native token of Beefy Finance, a decentralized finance (DeFi) platform that operates on the Binance Smart Chain (BSC). Beefy Finance is known as a yield optimizer, allowing users to maximize their cryptocurrency holdings' earning potential through automated strategies and liquidity pools.

The BIFI token serves multiple purposes within the Beefy ecosystem. It is used for governance, where token holders can vote on proposals to influence the direction of the platform. Additionally, BIFI is utilized as an incentive for users to participate in the platform's liquidity mining programs, which can yield rewards in the form of the token itself.

The token has also been subject to contract swaps, as announced by Binance, which completed a contract replacement for BIFI and opened up the ERC20 version of the token for deposit and withdrawal services. This indicates the token's adaptability and the platform's commitment to providing a seamless experience for its users.

BIFI Market

Exchange

Score

24h trading volume

Percentage

Updated

User Reviews

11 ratings

Participate in evaluation

ChongHang Lee

The liquidity content of BIFI Bonus lacks depth and fails to impress. There is a need for improvement in terms of offering value and incentives to users.

2024-07-26 12:26

Oke Oce

This project's team history lacks depth and consistency, raising doubts about their credibility and reputation in the industry.

2024-03-23 16:09

Kingsleys

This project stands out due to its unique features and innovative approach, setting it apart from similar competitors in the space. Exciting times ahead!

2024-04-06 13:38

Shawn 2980

The team behind this project has a solid track record, impressive experience, and a transparent approach. Their reputation speaks for itself.

2024-06-16 11:54

Septian Putra

Team transparency shines with detailed updates and clear roadmap, fostering trust and confidence in community. Engaging and informative content, setting high standards in communication.

2024-06-13 13:09

Giang Sơn

The project shows strong potential in solving real-world problems with a solid team and active community support, but faces regulatory uncertainties and competition.

2024-05-31 09:51

wan

The team's transparency, solid experience, and proven track record make BIFI Adoption a promising project with high market demand and potential. The active community and strong developer support further enhance its credibility and appeal.

2024-05-11 13:52

Phanupan Phopan

The community interaction and involvement in the BIFI project is truly exceptional, showcasing passion, dedication, and support. It's a vibrant and engaging ecosystem that truly stands out in the crypto space.

2024-04-20 14:26

Rahamani Olabode

Innovative blockchain technology with high scalability and strong consensus mechanism. Has great potential for real-world applications and addresses market demand effectively. The experienced team with a solid track record ensures transparency and user trust. Strong community support and active developers contribute to its competitiveness in the market. Overall, the project shows promising long-term potential and stable token economics.

2024-07-08 14:25

Mulya

The project shows potential in solving real-world problems with its scalable blockchain technology and strong community support, but faces regulatory uncertainties and stiff competition. Despite fluctuating prices, the tokenomics and market demand remain promising for long-term growth.

2024-04-27 16:52

Mr. Josh

This cryptocurrency has a strong technical foundation with robust blockchain technology and a scalable consensus mechanism. Its potential for real-world applications and market demand gives it a competitive edge. The experienced and transparent team, along with active user and developer adoption, contribute to its success. The tokenomics, security, and community support further enhance its value and potential for sustainable growth.

2024-03-25 10:39

News

NewsWhy Binance Smart Chain and PancakeSwap remain an important part of DeFi

With other networks actively working on facilitating faster transactions and lower gas fees, it will be interesting to observe how BSC will evolve and strengthen its position in the market.

2021-09-27 15:33

Why Binance Smart Chain and PancakeSwap remain an important part of DeFi