Beefy
  • Overview
  • Get Started
    • How to set up a wallet
    • Funding your wallet
    • Connecting your wallet to Beefy
  • Beefy Ecosystem
    • Introduction to Beefy
    • Beefy Protocol
      • Revenue Bridge
      • Fee Batch
      • Incentive Programmes
    • $BIFI Token
      • Token Bridge
    • Beefy Bulletins
      • What is Beefy?
      • The Big Beefy Opportunity
      • What Makes Beefy Different?
      • How Does Beefy Work?
      • Beefy Fees Breakdown
      • Why Beefy Beats Your Bank
      • Introducing Beefy's Unique Revenue Share Model
      • Beefy's Coveted Advantages Revealed
  • Beefy Products
    • Vaults
    • Strategies
    • CLM
    • Boost
    • Beefy-escrowed Tokens
      • beS
      • beQI
      • Deprecated Products
        • beFTM
        • binSPIRIT
        • beJOE
        • beVELO
        • beOPX
    • Advanced Vaults
      • GMX and GLP
  • Beefy DAO
    • Team & Goals
    • Contributor Compensation
    • Governance
    • Proposal Repository
    • Treasury
    • Cowmoonity
    • Partnerships
  • Safety
    • SAFU Standards
    • Contracts & Timelocks
    • Bug Bounty Program
    • Beefy Safety Score
    • Token Allowance
    • Beefy Backup
    • Insurance
  • FAQ
    • General
    • Infographics
    • mooVaults APY
    • How-To Guides
      • How to deposit in a Vault
      • How to Add a Custom Token to Metamask
      • How to Add and Remove Liquidity
      • How to use Beefy ZAP
      • How to add and switch networks on Beefy
      • How to check the harvesting and compounding rate of a vault
  • Developer Documentation
    • Vault Contract
    • Strategy Contract
      • StratFeeManager Contract
      • GasFeeThrottler Contract
    • Other Beefy Contracts
      • FeeConfigurator Contract
      • BeefyWrapper Contract
      • GaugeStaker Contract
    • Third Party Contracts
      • DelegateRegistry Contract
      • Oracle Contracts
    • Beefy API
  • Additional Resources
    • Contract Addresses
    • Code Repositories
    • Blog
    • Discord
    • Github
    • Media Kit
    • Telegram
    • Twitter
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  1. Beefy Ecosystem
  2. Beefy Bulletins

What is Beefy?

Beefy has been called many things…

Last updated 2 years ago

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  • "The compound interest opportunity of a lifetime"

  • "The safest and best way to get started in DeFi"

  • "Passive income on steroids"

  • "Just a really good, super decentralized investment"

But in practical terms, Beefy is a yield farming optimizer that removes the daily actions and regular fees associated with manual optimization.

What you're left with is very safe funds and a very good return of investment (ROI).

For those new to decentralized finance (DeFi), yield farming is simply a way to make some interest — as opposed to just "gains" — with your crypto holdings.

Money is one thing, but time is the most important asset of all.

Beefy makes it simple to benefit from the upside of complex farming strategies.

There are lots of farms to choose from, so Beefy automates and optimizes different investment strategies in the background while you get on with your day.

The project consists of an anonymous team constantly exploring new methods of optimizing automation to secure the largest yields possible.

As a decentralized project with a crypto-mindset, there is a robust governance system in place to put the decision-making power in the hands of those invested in the project.

This takes place through governance mechanisms related to Beefy's own fixed-supply, revenue earning token, $BIFI.