Monthly Update — May

Bagels Finance
2 min readMay 25, 2021

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Product:
5.6 : Completed the first smart contract code audit by Knownsec
5.10: Completed Internal testing for alpha version of the product
5.11: Upgraded Product UI
5.15: Added more farming strategies
5.18: Completed Certik Skynet smart contract code audit report

Strategic Partnerships:
5.8:Bagels Completed 5millions USD Seed Round Financing. This round of private institutional investment was led by LD Capital and Merkle Labs. Participating institutions include: AU21 Capital, Kernel Venture, Genblock, x21 Digital, BlockSync, Avisa Ventures, Kyros Ventures, Cryptoping, Node Kapital, Libra Commercial, BV Capital, SuperChain Capital, Oneboat Capital, Jackdaw, Chain Up Capital, FlyBit, 7 O’Clock Capital, FilDa, CoinBene, NFVentures, Bfire Capital, Consensus Lab, Waterdrip Capital, CollinStar Capital, Crypto Capital, Cryptomeria, Geekbeans Capital, Safest Strategy Service, Scorpio Ventures, Hermes Club, Crypto Planet, etc.

5.18:The Bagels Finance cross-chain leveraged yield farming protocol and the Metis Layer2 DAO protocol have reached a strategic cooperation. Bagels will use the cross-chain aggregation protocol (Dokodoa) to assist Metis in solving smart contract interactions with other Layer2. At the same time, Bagels will be on Metis Dapp development on Layer2.

5.20:Reached strategic partnership agreement with Flybit, Flybit will run Bagels’ IDO in Korea soon

AMAs in action:

AMAs with Chinese Communities:
4.15 Bagels Finance&缠论社区
4.16 Bagels Finance&山河社区、腾蛇社区、币尚社区、头号玩家、桐桐社区
4.27 Bagels Finance&银柳实验室
4.28 Bagels Finance&良币独角兽研究院
5.2 Bagels Finance&币工坊
5.6 Bagels Finance&币CoinCMO史大爷
5.7 Bagels Finance&写书社区
5.14 Bagels Finance&DeFi七点钟社区
5.16 Bagels Finance&潇潇社
5.17 Bagels Finance&NFV社区
5.18 Bagels Finance&星链社区(1st AMA)
5.19 Bagels Finance&水沐资本
5.20 Bagels Finance&星链社区(2nd AMA)

AMAs on Telegram:
5.11: Bagels & CryptoLegacyEn
5.13: Bagels & DecentralizedClub
5.14: Bagels & Crypto SquadX
5.15: Bagels & IDCrypto
5.17: Bagels & Cryptostalker
5.18: Bagels & MASSMOON
5.20: Bagels & Satoshi Club
5.21: Bagels & Dynasty (Korea)
5.22: Bagels & Bitcoin Addict (Thailand)

Social Media Statistics:

Twitter: 34,363+ Increase in users from last month: 31,214%
Telegram: 42,557+ Increase in users from last month:34,715%
Weibo: 1,373 + Increase in users from last month:328%

About Bagels Finance:
Bagels Finance is the first cross-chain leveraged yield farming protocol based on Ethereum, BSC and HECO. Users can deposit ETH, WBTC, USDT, DAI, BNB, HT and other assets into Bagels smart contracts to earn high APY; Bagels aims to provide users with up to 10x leverage to earn the higher APY in DeFi liquidity farming market through strategically interacting with multiple DeFi products for farming. It provides better liquidity for Ethereum, BSC and HECO ecosystems.

Contact us:

Twitter:https://twitter.com/BagelsFinance
Telegram:https://t.me/bagelsfinance
Discord:https://discord.gg/zEGEPQUAJU
Email:support@bagels.finance
Weibo: https://weibo.com/u/7580591480

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Bagels Finance
Bagels Finance

Written by Bagels Finance

Leveraged Yield Farming Protocol

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