Beethoven X update: BEETS Live price, price chart, news and markets

The BEETS price update as of now is $0.06513. In the previous 24 hours, its trading volume was $8,048, and its value has increased by 2.97%. As of now, BEETS's live market cap is $15,525,946, and it is ranked as the #3610 on the Coincu. BEETS has a circulating supply of 238,398,585 and a maximum supply of 238,398,585.

Unveiling the Power of Beethoven X (BEETS)

Beethoven X, also referred to as BEETS, is an innovative protocol for automated market-making (AMM) built on Balancer V2 and running on the Fantom Opera network. This decentralized platform for investment support offers a variety of features that are designed to help users maximize their profits.

Unleashing the Potential of Beethoven X

Discover the extraordinary capabilities of Beethoven X and understand how this protocol enables seamless transactions for all users. Leveraging the advantages of Balancer V2, Beethoven X provides the following key features:

Beethoven X consists of two main components:

• Balancer Exchange: Utilize the Smart Order Router (SOR) to exchange tokens at the most favorable rates across all Balancer Pools.
• Balancer Pools: Similar to Uniswap, these liquidity pools offer improved scalability through customizable settings.

Beethoven X is further divided into three types of pools:

• Shared Pool: Any participant can contribute liquidity to the pool and receive Balancer Pool Tokens (BPT) as a confirmation of their share fee rate.
• Private Pool: Pool owners have the flexibility to add liquidity, adjust rates, incorporate new tokens, and modify Tee Swap settings.
• Smart Pool: This advanced version of a private pool is governed by a smart contract with a gateway that enables liquidity addition and ERC20 token creation, ensuring the share fee rate.

In addition, Beethoven X allows pools with up to eight tokens and customizable cryptocurrency ratios, deviating from the fixed 2-token and 50:50 ratio. BEETS implements separate AMM logic for each mining area and coin management, with a centralized vault to hold and manage all coins. Each mining operation follows the unique logic of the automated market maker.

Beethoven X serves as an ideal platform for projects that aim to launch their tokens fairly to the community. The Liquidity Boostrapping Pool (LPB) tackles initial liquidity challenges and empowers the community to determine cryptocurrency prices.

Lastly, Beethoven X bestows voting governance rights to holders of the native token. Through weekly gauge votes, token holders can select pools eligible for incentives.