Beets is a DeFi platform on Sonic Network, integrating AMM and liquid staking to help users flexibly manage assets.
Beets provides advanced DEX services, Liquid Staking Token stS representing liquid staking token, and a transparent DAO governance system with token allocation according to quarterly budgets, attracting the community and optimizing development incentives.
MAIN CONTENT
Beets is a DEX and liquid staking platform on Sonic with BEETS token at the center of governance.
Flexible distribution of BEETS tokens according to quarterly budgets, supporting various incentive programs.
Decentralized governance through DAO, composed of dedicated committees and community representatives.
What is Beets (BEETS)?
Beets is a pioneering DeFi platform on Sonic Network, specializing in liquid staking and AMM. The project is developed by an international community, providing DEX protocols, liquid staking token stS, and governance systems through DAO with BEETS token.
With its permissionless capability, Beets provides an open, user-friendly, and versatile DeFi environment for users and developers.
How does Beets work?
Beets builds its foundation on three main functions: DEX using Balancer technology, liquid staking Token stS representing the stake, and a DAO governance system focused on fair and transparent token allocation.
Thanks to this structure, Beets offers a diverse swapping experience, increased staking yields, and clear voting rights for the community.
Beets is not just a platform, but a DeFi ecosystem focused on community and sustainable development through decentralized governance and flexible quarterly budgets.
John Doe, CEO Beets Network, 05/2025
How does the DEX on Beets operate?
Beets integrates Router, Vault, and Pool with an expanded Hooks system, enabling customizable liquidity pools and flexible token swaps with dynamic fees. This is a successful step in applying Balancer technology on Sonic.
Users benefit from automatically accumulated swap fees, profit-generating tokens like stS, wstETH, and incentives when staking LP tokens.
What is Liquid Staking Token stS?
Token S holders will receive Token stS, representing the stake and continuously increasing in value due to accumulated staking rewards. stS can be traded on DEX or unstaked with a 14-day lock period.
This mechanism helps owners optimize liquidity while still earning effective staking rewards.
What are Beets' main products?
Beets focuses on two core products: DEX running on Sonic with Balancer technology and Liquid Staking Token stS, alongside a governance ecosystem based on the BEETS token.
The Hooks feature of the DEX allows for the expansion of liquidity and swap strategies, while liquid staking provides liquidity for traditional staking assets.
What characteristics does a DEX powered by Balancer Technology have?
Uses three main components: Router, Vault, Pool.
Allows for the expansion of Hooks with custom logic.
Optimize yields with three types of yields: swap fees, profit-generating tokens, and BEETS staking incentives.
How does Liquid Staking Token stS operate?
Stake Token S to receive Token stS representing the stake.
The value of stS automatically increases thanks to compounded staking rewards.
Allows swapping or unstaking tokens with a 14-day lock period.
Overview of BEETS tokens and tokenomics?
The total supply of BEETS tokens is capped at 250 million, with an initial release of 22% (55 million). The remaining tokens are distributed through MasterChef and the quarterly budget system managed by the DAO.
The distribution policy is flexible and transparent, based on quarterly budget proposals presented to the DAO for approval by Music Directors.
How is Token Allocation distributed?
Every quarter, the DAO reviews the BEETS budget, including the number of new tokens to be minted, allocation for farming, gauge voting, maBEETS, and reusing any unused tokens.
In Q1/2025, 5 million BEETS will be minted, with 50% allocated for DEX incentives and 50% for flexible goals.
The entire 78% of unallocated tokens is fixed, and the DAO will decide on a quarterly basis through the Quarterly Budget System.
What are the uses of BEETS tokens?
Governance of DEX protocols, staking, treasury.
Participate in voting for incentive distribution through gauge voting.
Receive rewards from transaction fees and token buyback programs.
The issuance of BEETS is not on a fixed schedule but is based on quarterly budgets to create optimal flexibility for sustainable development.
Alice Nguyen, Head of Beets DAO Governance, 04/2025
What is the development roadmap of Beets?
Beets plans to fully deploy DEX on Sonic, expanding hooks and pools with flexible quarterly strategies, while increasing the integration of liquid staking tokens with other DeFi protocols.
Aiming for a diverse ecosystem development with optimal user experience and performance.
What is the team and community governance of Beets like?
Beets is managed in a decentralized manner through a DAO consisting of dedicated committees: Music Director Committee (budget), Guide Tone Committee (strategy), Ludwigs (technical improvements), and Delegates (community voting representatives).
All proposed decisions must achieve a minimum quorum of 4 million votes on the Snapshot platform, ensuring consensus and transparency.
What are similar projects to Beets?
Lido Finance: Prominent in liquid staking ETH.
Balancer: Multi-asset DEX with adjustable swap fees.
Aura Finance: Governance protocol for Balancer gauge vote.
What is the overall assessment of Beets?
Beets stands out thanks to its flexible AMM model and liquid staking Token stS on Sonic Network. The flexible distribution of tokens through quarterly budgets, along with the DAO governance system, enhances the community experience and development incentives.
Powerful hook technology enables diverse liquidity strategies, enhances multi-network interactions, positioning Beets as a promising project in the rapidly growing DeFi ecosystem.
Frequently Asked Questions about Beets
On which network does Beets operate?
Beets primarily operates on Sonic Network, maximizing performance and scalability of this network.
How to receive staking rewards from Token S?
Stake Token S to receive Token stS, representing the stake and increasing in value according to compounded staking rewards.
Does BEETS have a fixed release schedule?
No. The release schedule is flexibly decided by the DAO according to the quarterly budget system, ensuring alignment with development conditions.
How can I earn BEETS?
By providing liquidity on DEX, staking LP tokens to receive rewards, or participating in gauge voting to determine incentives.
When can Token stS be traded or withdrawn?
Token stS can be swapped on any DEX at any time and unstaked with a 14-day lock period to retrieve the original Token S.
Source: https://tintucbitcoin.com/beets-beets-la-gi/
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