New Aurora Vaults are now available from Beefy Finance

Aurora is the thirteenth protocol to be supported by Beefy Finance, giving customers access to more vaults and income streams.

Beefy Finance’s ecosystem continues to grow by supporting a variety of vaults from various networks on its multi-chain yield optimization platform. Aurora, an Ethereum Virtual Machine (EVM) on the NEAR blockchain, is the most recent network to join Beefy Finance.

The yield planner now supports Aurora as the thirteenth protocol, and customers will have access to over five new Aurora vaults with high Annual Percentage Yields (APY). On February 2nd, Beefy Finance announced the new addition to the world via its Twitter account.

“Another week, another chain,” says the narrator. When it comes to new networks, the pace never slows down, and Beefy is no exception. We’re excited to announce the launching of our new Aurora vaults, which adds Aurora to our list of supported protocols. How’s that for multi-chain?” Beefy Finance took to Twitter to express his thoughts.

Several chains offer more revenue streams for the Beefy community, as well as a boost to the protocol’s native BIFI cryptocurrency. Total Value Locked (TVL) and buybacks tend to rise as the platform deploys thirteen networks, indicating increased investor interest in the $BIFI token.

As per CoinMarketCap data, $BIFI is currently worth $2159.26 and has a 24-hour market volume of $3,308,368. Furthermore, the protocol’s TVL is currently over $170 million. While BIFI is now doing well in the market, smart contracts, tokens, and cryptocurrency are still dangerous. As a result, before engaging in any coin, BSCNews always advises our readers to Do Your Own Research (DYOR).

What is Beefy Finance, and how does it work?

Beefy Finance is a cross-chain yield farming aggregator that enables investors expand their crops automatically using automated vault tactics on the Binance Smart Chain, HECO, Polygon, Fantom, and Avalanche blockchains.

 

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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