Beefy x Fuse Grant Proposal

Hi @Lucas , thanks for your question.

About the projects we list. We don’t require extra tokens for listings. The only requirement is that they pass our strict security checks.

We agree with some projects to boost their vaults with their tokens, to increase the APY on their vaults. This has many benefits, one is that users feel attracted by the higher returns, and they are more likely to provide liquidity on those platforms. We also run promotions, blog posts, announcements, and other types of communication with those who decide to provide a bit of extra tokens to distribute. Beefy distributes in full the tokens provided by the partner. It is also a good technique to increase token holders.

About the BIFI rewards. BIFI is quite scarce. There is only 80,000 BIFI, and the minter was burned, so we don’t have a big supply to provide incentives on top. The best thing that we offer to users is the high APY (due to the facts that our fees are one of the lowest on the market), and the peace of mind that we do everything that is possible to have their money safe.

Let me know if I replied your questions and we really looking forward to deploy on Fuse!