Binance: Beta Buy / Long H4
Binance: Beta Buy / Long H4
Entry: 1,3 - 1.4
SL: H4 close below 1.1
TP1: 1.7
TP2: 2.5
Beta Finance’s mission is to offset volatility and facilitate healthy, mainstream adoption of DeFi by individuals and institutions. The protocol has built an integrated 1-Click Short Tool that allows DeFi users to initiate, manage, and close short positions with accessibility to all tokens. The protocol enables anyone to create a money market for any token automatically and permissionlessly.
BETA is Beta Finance’s native utility token and has the following current and planned functions:
Staking incentives: BETA token holders will be able to stake their tokens on the protocol and act as a backstop for covering shortfall events. BETA holders who stake their tokens will receive a portion of the revenue generated by the protocol.
Liquidity mining: Liquidity providers can stake their assets into the lending pools to enable borrowing and short selling. To incentivize these providers given opportunity costs, liquidity providers will be eligible to receive BETA tokens through a liquidity mining program, adjusted based on a user’s relative contribution and additional parameters.
Governance: BETA token holders will be able to participate and vote in the governance process of the platform. Through governance, users can influence and modify product features and key parameters of Beta Finance. This will enable BETA token holders to influence the direction of the protocol's development.
Entry: 1,3 - 1.4
SL: H4 close below 1.1
TP1: 1.7
TP2: 2.5
Beta Finance’s mission is to offset volatility and facilitate healthy, mainstream adoption of DeFi by individuals and institutions. The protocol has built an integrated 1-Click Short Tool that allows DeFi users to initiate, manage, and close short positions with accessibility to all tokens. The protocol enables anyone to create a money market for any token automatically and permissionlessly.
BETA is Beta Finance’s native utility token and has the following current and planned functions:
Staking incentives: BETA token holders will be able to stake their tokens on the protocol and act as a backstop for covering shortfall events. BETA holders who stake their tokens will receive a portion of the revenue generated by the protocol.
Liquidity mining: Liquidity providers can stake their assets into the lending pools to enable borrowing and short selling. To incentivize these providers given opportunity costs, liquidity providers will be eligible to receive BETA tokens through a liquidity mining program, adjusted based on a user’s relative contribution and additional parameters.
Governance: BETA token holders will be able to participate and vote in the governance process of the platform. Through governance, users can influence and modify product features and key parameters of Beta Finance. This will enable BETA token holders to influence the direction of the protocol's development.
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