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## What is Beefy?
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###What is Beefy?
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Beefy is a Decentralized, Multichain Yield Optimizer that allows its users to earn compound interest on their crypto holdings. Beefy earns you the highest APYs with safety and efficiency in mind.
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DeFi applications are unique in the sense that they are permissionless and trustless, meaning that anyone with a supported wallet can interact with them without the need for a trusted middleman. While you have funds staked in a vault, you remain 100% in control of your crypto.
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## What is $BIFI?
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###What is $BIFI?
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The [bifi-token](ecosystem/bifi-token/"mention") is the governance token of the [Broken link](/broken/pages/-MJZmClY2hudEAvviRI0"mention"). It is the central asset which connects all stakeholders across the Beefy project, to perpetuate the virtuous cycle of value creation which Beefy was invented around.\
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The token's utility is two-fold: first tokenholders are entitled to vote in important [governance.md](dao/governance.md"mention") decisions for the DAO; and second a part of all revenue generated by vaults within the [protocol](ecosystem/protocol/"mention") are directed towards our tokenholder [incentive-programmes.md](ecosystem/protocol/incentive-programmes.md"mention"). Incentives are regularly paid out through the protocol's BIFI Pool and BIFI Vault, which require tokenholders to deposit their $BIFI tokens to participate. 
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The supply of $BIFI is limited to 80,000 tokens, with no capacity for mint or burn functions. As such, the Beefy DAO does not issue or trade in $BIFI tokens, and $BIFI may only be acquired through third-party exchanges, including Binance, Crypto.com and Uniswap.
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### Reading The Docs
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This documentation provides comprehensive explanations and imagery for all manner of topics related to Beefy in English language. It was originally developed to be human-friendly and accessible.
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With the rise of AI tooling, Beefy's documentation is now also available in LLM-friendly formats to help developers and AI agents integrate with Beefy faster. Specifically, we offer two LLM `.txt` endpoints for ease of consumption:
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