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Rachel Welch

21 November 2022 177 Read Altcoins

How to Use Beefy Finance to Earn Passive Income

Using Beefy Finance is a unique method of earning passive income. The system combines different investment strategies into a single system, automatically reinvesting users' earnings. The system is also cross chain compatible. Using Beefy Finance can help you earn more passive income while saving you time and money.Beefy Finance is an automated yield optimizer, which works to maximize yield. It has a unique design and uses smart contracts to increase the overall rewards. The system automatically reinvests users' earnings to increase the total amount of tokens in the portfolio.Beefy Finance works on the Binance Smart Chain network. Currently, Beefy's total value is $300 million. Its partnerships include Binance Smart Chain, Polygon, Harmony, Heco, Cronos, and Arbitrum. It has also launched a decentralized working hub, Beefy. The Beefy platform is open to all contributors.