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Beefy is a DeFi yield optimizer that empowers users to enhance their cryptocurrency earnings through the innovative use of auto-compounding technology. By harnessing the capabilities of smart contracts, Beefy allows users to maximize their rewards from a multitude of DeFi protocols, such as liquidity pools and yield farming opportunities.
The platform's native token, $BIFI, plays a fundamental role within Beefy's ecosystem, functioning as a governance token and a vehicle for staking. This dual functionality of $BIFI ensures that token holders can not only have a say in the platform's decision-making processes but also earn rewards through staking.
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