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Beefy Price
AUD

Beefy Price(BIFI)

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BIFI
1 BIFI ≈ AUD A$463.44
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0.1%
Kraken
0.26%
Coinbase
1.99%
A$ 463.44
+3.01%
1D
Page last updated: 2024-11-09 20:39 (UTC+0)
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Note: This information is for reference only.

Price of BIFI today

The live price of Beefy is A$ 463.44 per (BIFI / AUD) with a current market cap of A$ 37.07M AUD. 24-hour trading volume is A$ 746,924.49 AUD. BIFI to AUD price is updated in real-time. Beefy is +3.01% in the last 24 hours with a circulating supply of 80,000.00.
BIFI Price History AUD
Date ComparisonAmount Change% Change
TodayA$ 13.54+3.01%
30 DaysA$ 37.18+8.72%
60 DaysA$ 2.195322+0.48%
90 DaysA$ 58.05+14.32%

BIFI Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: A$ 449.97
High: A$ 464.85
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
A$ 5,502.93
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.17%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
+3.01%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+12.14%
The percent change in trading volume for this asset compared to 7 days ago.

BIFI Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#797
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
A$ 37.07M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
A$ 746,924.49
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
80,000.00
100.00%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
80,000.00
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
A$ 37.07M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

What Can You Do With Beefy (BIFI)?

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About Beefy Finance (BIFI)

Beefy Finance is a "decentralized yield optimizer" implemented in a multichain environment. Beefy Finance purportedly offers DeFi yield strategies across 18 different blockchain platforms. According to the project's documents, the Beefy Finance platform is built and designed for ease of use by its network users.

The Beefy decentralized platform enables users to invest in different DeFi models to earn yields passively. The single asset investment alternative on Beefy Finance leverages a vault system in which users are able to select a single asset to invest in. Beefy reports investing directly into associated blockchain networks and decentralized ecosystems rather than outside its platform.

Beefy also promotes its auto-reinvest and auto-compounding features made available to platform users. When users gain interest in the single asset vault protocol and other strategies on the Beefy Finance platform, gains are reinvested and auto-compounded for enhanced yields.

The liquidity pool strategy empowers users to stake Liquidity Provider (LP) tokens from outside DEXs in the Beefy Finance platform. This enables the protocol to stake the LP tokens for the highest yields while LP tokens are held in custody within the Beefy platform.

Beefy Earning Pools enable users to invest the network cryptocurrency, BIFI, into an earning pool associated with a specific digital asset. Platform users who choose to invest in earning pools are then positioned to earn a share of Beefy Finance revenues, which are also auto-reinvested and auto-compounding.

Zaps made available on Beefy allow users to choose an individual asset from a Beefy Finance vault and invest that asset into a pool. Beefy then purportedly purchases the other half of the liquidity pair, and the user earns their entitled portion of the yield, which is reinvested and compounds automatically.

Beefy Finance was developed and launched on the BNB Smart Chain, and is a BEP20 token. Beefy is also available on the HECO, Fantom, Celo, Avalanche and Polygon networks under its token ticker $BIFI. Beefy Finance price is updated and available in real-time on Binance.

People Also Ask: Other Questions About Beefy Finance

  1. What is BIFI Used For?

    BIFI is the governance token for the Beefy Finance network and blockchain protocol. BIFI holders are free to stake their tokens in the Beefy Vault to earn a portion of revenues generated within the platform. This mechanism is referred to as "BIFI Maxi".

    Beefy Finance token holders can also stake their BIFI in BIFI earning pools for a portion of platform earnings as a reward. Beefy Finance also implements what the platform refers to as a snapshot governance model in which holders are empowered to vote on decisions in the Beefy DAO.

  2. How Does Network Consensus And Validation Work On Beefy Finance?

    Beefy Finance was fundamentally launched on the BNB Smart Chain platform. Beefy utilizes the underlying Proof-of-Staked Authority (PoSA) consensus algorithm which secures the BNB Smart Chain blockchain platform.

  3. When Did Beefy Finance Launch?

    Beefy was developed with features said to be similar to the Yearn.Finance platform which dominates a considerable portion of the Yield Aggregator volume on Ethereum. Beefy, however, was launched on September 21, 2020, on the BNB Smart Chain, and has been referenced as the top yield aggregator on the BNB Smart Chain.

  4. What is the Maximum Token Supply of BIFI?

    At the time of writing, the maximum token and circulating supply for the token is 80,000 BIFI.

  5. What Makes Beefy Finance Different From Others?

    Beefy Finance operates on multiple blockchain platforms by implementing the native token of each of the networks, onto its own decentralized platform. This is a unique network model, and distinguishes the Beefy vaults and earning pools from similar yield aggregator ecosystems which exist on other blockchain platforms besides BNB Smart Chain fundamentally.

  6. How To Buy Beefy Finance (BIFI)?

    Beefy Finance (BIFI) can be purchased directly from Binance by using a debit or credit card. Beefy Finance (BIFI) can also be traded for other cryptocurrencies on Binance. Live Beefy Finance price is updated in real-time on Binance. BIFI price and purchase information is available for users to read on our How to Buy Beefy Finance (BIFI) Guide.

BIFI to Local Currency

FiatPriceOperation
1 BIFI to TRY$ 304.89
1 BIFI to RUB$ 304.89
1 BIFI to EUR$ 304.89
1 BIFI to AED$ 304.89
1 BIFI to AUD$ 304.89
1 BIFI to BRL$ 304.89
1 BIFI to VND$ 304.89
1 BIFI to IDR$ 304.89
Last updated 2024/11/09 08:39 (UTC)

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