What is
#Beefy Finance
$BIFI Beefy Finance helps people earn more from yield farming automatically
It works mainly on Binance Smart Chain and other blockchains
Instead of managing farms yourself Beefy does it for you and auto compounds rewards
What is BIFI
BIFI is the main token of Beefy
You can use BIFI to
Vote on platform decisions
Stake it to earn rewards
BIFI has a small supply which can help price grow if demand increases
Token allocation
90 percent held by the public
10 percent for team and advisors
This is generally seen as fair with low team control
Is BIFI worth buying simple view
Pros
Beefy is a real working DeFi product
It is a long running project not hype based
Low token supply
Strong use case for DeFi users
Team owns a small share which reduces dump risk
Cons and risks
DeFi tokens are very volatile
Price depends on overall DeFi market interest
If DeFi usage drops demand for BIFI can drop
Not a fast pump coin more long term focused
Simple conclusion
Good for long term DeFi believers
Not ideal for quick profits
Only invest what you can afford to lose
In short
BIFI is a solid DeFi token best for people who understand DeFi and are willing to hold long term
@DanishXChampion #WriteToEarnUpgrade #Binance #DXCFoundation @CryptoQueen_DXC