DAO Fund Spending 004

The 4th DAO fund spending is a donation to @pablo_btc (Beefy team) for setting up 4 vaults for $BDO and $sBDO at Beefy. We have donated 400 $BDO to @pablo_btc with this transaction detail.

Overview:

Beefy.finance is a yield aggregator optimiser platform that helps users to compound their gains on Binance Smart Chain (BSC) seamlessly, optimising both gas costs and also saving users time from manually harvesting and compounding.

This is your best choice, if you're looking for garguantan vault APYs which currently sits at the billions, this is simply due to the power of daily compounding. Furthermore, the beefy bot automatically harvests and compounds up to 6 times a day, adding even more power to the compounding.

Current Beefy Vaults:

  • BDO-BFI LP

  • BDO-BNB LP

  • BDO-BUSD LP

  • SBDO-BUSD LP

The fees involved for using these vaults are 5.5% on profits earned with an additional 0.1% withdrawal fee. Though tokens from the bDollar Protocol are mentioned in the Beefy vaults, please do your own due diligence before using the Beefy platform.