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Beta Finance logo
WebsiteBinance Launchpad

Beta Finance (BETA)

IEO

Beta Finance is the permissionless money market for borrowing, lending, and shorting crypto assets.

IMPORTANT: By investing in this business you agree to our Disclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

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Overview

Project industryFinance Services & Banking
Product typeDeFi

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What is Beta Finance

Beta Finance is the permissionless money market for borrowing, lending, and shorting crypto assets. This means that anyone at anytime is able to create a money market for any crypto asset. The protocol is live here.

  • Lenders
Lenders are able to now earn risk-free yield (as high as 1000+%) on not only popular assets, but also the long tail of crypto assets, including yield farmed tokens, that exist today! Easily deposit your tokens on Beta into the token's money market, or create it yourself if it's not there yet.
  • Borrowers
Borrowers are able to borrow crypto assets by supplying ETH and/or Stablecoin as collateral. This gives users flexibility when interacting with other protocols that requires using assets they currently do not have without losing their current positions.
  • Traders
Traders are able to short sell any crypto asset by using their ETH and/or Stablecoin as collateral. Beta provides an integrated "1-Click" Short that makes initiating and managing short positions simple.
  • Liquidators
Liquidators are able to earn a premium bounty reward for monitoring and liquidating under-collateralized positions.

Details

IEO (Binance Launchpad): Sep 30, 2021 - Oct 08, 2021
Token supply: 1,000,000,000 BETA
Hard cap: 3,000,000 USD

Legal

Country limitations: Belarus, People's Republic of China, Democratic Republic of Congo, Cuba, Iraq, Iran, North Korea, Singapore, Sudan, Syria, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe.

Token info

Ticker: BETA
Token price in USD: 1 BETA = 0,06 USD

Project team

Allen Lee
Allen Lee
CEO, Founder
Allen Lee linkedin
Melvin Macaranas
Melvin Macaranas
Software Engineer
Melvin Macaranas linkedin
Michael Shumikhin
Michael Shumikhin
Head Of Strategy
Michael Shumikhin linkedin
Yuttakhan Baingen
Yuttakhan Baingen
Software Engineer
Yuttakhan Baingen linkedin

Social media

Beta Finance web-siteBeta Finance MediumBeta Finance TelegramBeta Finance LinkedInBeta Finance Twitter

MVP

MVP URL
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