6
edits
Difference between revisions of "Beethoven-x"
m
Add Feature / Products for Beethoven-x
(removed some marketing speak) |
m (Add Feature / Products for Beethoven-x) |
||
| Line 6: | Line 6: | ||
==Boosted Liquidity Pools== | ==Boosted Liquidity Pools== | ||
In March 2022<ref>[https://beethovenxio.medium.com/boosted-pools-the-future-of-liquidity-provision-reimagined-7f99113ab2a2 Boosted Pool Announcement]</ref>, Beethoven-x released their cutting edge technology, Boosted Pools. The amount of liquidity needed for daily trades is usually much less than what is deposited, leading to a lot of idle capital. Beethoven’s boosted pools takes this idle capital and deposits it into revenue generating strategies to earn an omnipresent yield on the liquidity provided. | In March 2022<ref>[https://beethovenxio.medium.com/boosted-pools-the-future-of-liquidity-provision-reimagined-7f99113ab2a2 Boosted Pool Announcement]</ref>, Beethoven-x released their cutting edge technology, Boosted Pools. The amount of liquidity needed for daily trades is usually much less than what is deposited, leading to a lot of idle capital. Beethoven’s boosted pools takes this idle capital and deposits it into revenue generating strategies to earn an omnipresent yield on the liquidity provided. | ||
== Feature<ref>https://docs.beets.fi/</ref> == | |||
=== 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 (e.g. different varieties of stablecoins or synthetics), 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. | |||
<references /> | <references /> | ||