Beta Finance (BETA)

What is Beta Finance?

Beta Finance is a cross-chain permissionless money market protocol for lending, borrowing, and shorting crypto. 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.

Outstanding Features

What is the project trying to achieve?

Beta 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.

With a focus on the user experience, Beta Finance allows DeFi users to initiate, manage, and close short positions with single clicks, while providing relevant metrics and information before position execution. Lenders are able to lend out any token, creating the market permissionlessly if it is yet to exist, and start earning yield on their holdings. Traders are able to pay a premium to execute short trades and hedging strategies with accessibility to all tokens.

What is unique selling point?

• "1 Click” Short Tool: Beta Finance provides a simple, integrated tool for allowing DeFi users to short sell in an atomic transaction. 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.
• Permissionless money markets: Beta Finance allows users to create a money market for any ERC-20 token automatically, supporting the long tail of assets. Anything from fractionalized NFTs to mature tokens can be listed on Beta Finance.
• 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.