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Beta Tokenomics

The official contract addresses for the BETA token are:

ERC-20: 0xBe1a001FE942f96Eea22bA08783140B9Dcc09D28
BEP-20: 0xBe1a001FE942f96Eea22bA08783140B9Dcc09D28

BETA Token Information​

BETA is the native utility token of Beta Finance and currently plays an integral role in the platform's ecosystem. In addition to existing functionalities, several exciting features are slated for implementation in the near future:

  • Preferential Benefits for Protocol Activity: BETA token holders will be able to receive better loan terms, e.g. softer liquidations, when taking out loans on the protocol.
  • Governance: BETA token holders will be able to participate and vote in governance. Through governance, users will influence asset listings, key configurations like loan terms, and modify product features of Beta Finance: Permissionless Money Markets and Omni by Beta. This will enable BETA token holders to influence the direction of the protocol’s development.
  • Vote Escrow: veBETA token holders will be able to determine how BETA will be distributed over time to users of the protocol, and how activities on the protocol should receive allocations and weighting for the allocations.
  • Safety Module: BETA token holders will be able to participate in the Safety Module to add security to the protocol and receive greater holdings by participating. In the event of shortfall to the protocol, at most 30% of a holder’s stake will be contributed to the deficit to provide additional safeguards for the protocol.

These upcoming features underscore Beta Finance's commitment to creating a robust, user-centric platform where token holders play a significant role in the ecosystem's growth and direction.

BETA Token Distribution Schedule​