Beta Finance has created an integrated “1-Click” Short Tool that enables DeFi natives to take the opposite side of a trade and counter volatility, as well as allow anyone, anywhere, anytime to create money markets for a token automatically, unlocking new asset utilization.īeta Finance’s mission is to offset volatility and facilitate greater stability for the long-term, mainstream adoption of DeFi by individuals and institutions through building critical DeFi tooling and infrastructure. As at September 30th 2021, the total supply of BETA is 1,000,000,000 and the circulating supply upon listing will be 160,000,000 BETA (16.00% of the total token supply).īeta Finance is a cross-chain permissionless money market protocol for lending, borrowing, and shorting crypto.The project has raised 2.75MM USD from two rounds of private token sales, where 15.00% of the BETA total token supply has been sold at 0.0150 USD / BETA and 0.0250 USD / BETA.Isolated collateral model: To support volatile assets, Beta Finance introduces an isolated collateral model where users are only liable for the collateral explicitly associated with a position.Anything from fractionalized NFTs to mature tokens can be listed on Beta Finance. Permissionless money markets: Beta Finance will allow users to create a money market for any ERC-20 token automatically.Users are able to view relevant metrics (price impact, slippage, etc.) directly on the interface, and easily manage and update their positions on their dashboard.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |