# Beefy

> Multichain Yield Optimizer

Beefy helps users earn compound interest on crypto holdings by automating yield farming across multiple blockchains.

Beefy helps DeFi users maximize returns on crypto holdings through automated yield optimization across multiple blockchains. Users can deposit assets into vaults that automatically compound rewards from liquidity pools, lending platforms, and farming opportunities. The platform operates as a decentralized autonomous organization governed by BIFI token holders who share in protocol revenue and vote on key decisions.

- Type: Protocol
- Sector: Finance
- Status: Active
- Founded: 2020-09-01
- Profile: https://thegrid.id/profiles/beefy

## Products

- [Beefy](https://thegrid.id/profiles/beefy): Beefy deploys automated yield optimization strategies across decentralized exchanges and lending protocols, automatically compounding rewards into principal assets. The platform offers standard vaults for liquidity pool farming, concentrated liquidity management for active range optimization, and boost mechanisms for additional partner incentives, all accessible through a unified interface. (Yield Aggregator, Live, Main Product)

## Assets

- [Beefy (BIFI)](https://thegrid.id/profiles/beefy): BIFI is the governance token of Beefy Finance, a multichain yield optimizer. It is used to vote on protocol decisions and to earn a share of platform revenue through staking. Revenue from all vaults on every chain flows to Ethereum and into the BIFI Vault for distribution as incentives. (Governance)

## Links

- [Main](https://beefy.com)
- [Documentation](https://docs.beefy.finance)
- [Media Kit/branding](https://beefy.com/media-kit)
- [Blog](https://beefy.com/articles)
- [Governance](https://snapshot.box/#/s:beefydao.eth)
- [Twitter / X](https://x.com/beefyfinance)
- [Discord](https://discord.com/invite/beefyfinance)
- [Telegram](https://t.me/beefyfinance)
- [GitHub](https://github.com/beefyfinance)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP