Beethoven X

By Marekiaro | work&training | 13 Apr 2022


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Beethoven X enables secure and efficient - high speed, low cost - trading. Start trading immediately, no registration required. Just connect your wallet and you’re good to go.

 

 

 

 

 

 

 

Built on Balancer V2, Beethoven X is the first next-generation AMM protocol on Fantom Opera

 

 

 

 

       

 

Beethoven X aims to be a one-stop decentralized investment platform on Fantom Opera.

We leverage best in breed DeFi protocols to offer novel decentralized investment strategies. Built on Balancer V2, Beethoven X is the first next-generation AMM protocol on Fantom.

 📈 Weighted Investment Pools

Weighted investment pools turn the concept of an index fund on its head: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who rebalance your portfolio by following arbitrage opportunities. Each pool can contain up to 8 different tokens, where each token is assigned a weight defining what fraction of the pool is made up by each asset.

💵 Stable Pools

For certain assets that are expected to consistently trade at near parity, we utilize the StableSwap AMM as popularized by Curve. These pools allow for larger trades of these assets before encountering significant price impact.

↔️ Trade

Beethoven X provides a Uniswap style trading experience, to allow for trading from one token for another. Behind the scenes, the Smart Order Router (SOR) intelligently sources liquidity from multiple pools so as to automatically figure out the best available price from all available pools. ​

🚜 Farm

Earn BEETS by staking your liquidity provider (LP) tokens. ​

💸 Earn Protocol Fees

Protocol fees will distributed to Liquidity Stakers. Provide liquidity in one of the 80/20 BEETS weighted pools to earn your portion of 30% of the protocol fees. Wherever possible, we will introduce protocol fees for transactions, with 30% of the fees being used to buy BEETS off the open market and redistribute them to Liquidity Stakers. 50% of protocol fees will be used to build a diversified DAO controlled treasury.

 

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What is Balancer?

 

 

  Balancer is an automated portfolio manager, liquidity provider, and price sensor. Balancer turns the concept of an index fund on its head: instead of paying fees to portfolio managers to rebalance your portfolio, you collect fees from traders, who rebalance your portfolio by following arbitrage opportunities. Balancer is based on an N-dimensional invariant surface which is a generalization of the constant product formula described by Vitalik Buterin and proven viable by the popular Uniswap dapp. Balancer V2 brings powerful new features to slash gas costs, super-charge capital efficiency, unlock arbitrage with zero-token starting capital, and open the door to custom AMMs.

 

 

 

                                       

 

 

 

 

 

 

 

 

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Marekiaro
Marekiaro

SMETT🌐 QUAND🌏 V🌎GLI🌍 Callistonian💚


work&training
work&training

Work is a productive activity, which implies the implementation of rigorous and methodical, intellectual and / or manual knowledge, to produce and dispense goods and services in exchange for compensation, monetary or otherwise, an important study topic in both the social sciences than abstract and natural sciences.

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