What is Beta Finance?

Beta Finance is a permissionless money market on Ethereum for borrowing, lending and shorting crypto assets. It allows users to access a scalable and accessible money market where tokens can be listed permissionlessly and automatically and where users can short these tokens.

What is Binance Beta Finance (beta)?

As per the official announcement of Binance, the Beta Finance (BETA) token will have the following breakdown: Public sale token price: 1 BETA = 0.06 USD (price in BNB will be determined prior to subscription) Total tokens allocated to Binance Launchpad: 50,000,000 BETA (5% of Total Token Supply)

How many tokens does Beta Finance have?

The total supply of BETA is 1 billion tokens. BETA follows the following token allocation: As of September 29, 2021, Beta Finance has used funds raised according to the allocations below: Beta Finance will launch on Oct. 8, 2021 on Binance Launchpad at an initial token price of $0.06. How Is the Beta Finance Network Secured?

What is the fully diluted valuation of Beta Finance (beta)?

The fully diluted valuation (FDV) of Beta Finance (BETA) is $62,456,185. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion BETA tokens are in circulation today. Depending on how the emission schedule of BETA tokens are designed, it might take multiple years before FDV is realized.