What is Beta Finance (BETA) Token? the way to buy? How is it staked? Binance Launchpad
Greetings, cryptocurrency followers, Binance has announced the Binance Launchpad event lately when Bitcoin is showing its ups and downs. By staking BNB Coin you'll be ready to get Beta and sell on the day of listing. during this article, we'll find out how to stake to earn Beta Tokens by purchasing BNB Coins. the way to buy this coin, which is analogous to the previous Binance Launchpad opportunity, Coin98, with its total token supply? Let's learn together. the way to buy Beta Finance ( BETA) Token? How is it staked?
Beta Finance ( BETA) the way to buy? Is it staked? Step by Step video;
Click on the 9-box menu on the Binance homepage
Click on Launchpad
Click on the beta token event
If you do not have bnbs, buy them and await the staking period
My system will calculate the quantity of bnb in your account daily and provides a routing, you'll be ready to stake BNB in return for this average.
Important note: Please don't confuse this event with normal staking methods, during this supply period the BNBs you stake are going to be withdrawn from your account and an amount of Beta tokens are going to be issued instead.
Binance is happy to announce its 21st project on Binance Launchpad - Beta Finance (BETA). The token sale for Beta Finance will follow the Launchpad subscription format with registration of user BNB balances starting 2021-09-30 00:00 AM (UTC).
Binance will record user BNB balances for 8 days from 2021-09-30 00:00 AM (UTC) to 2021-10-08 00:00 AM (UTC). the ultimate BNB holding amount for every user are going to be determined as a mean of 8 days using the typical Daily BNB Balance calculation previously announced here.
BETA Token Sale Details:
Token Name: Beta Finance (BETA)
Launchpad Hard Cover: 3,000,000 USD
Hard Cover Per User: $20,000 (333,333.33 BETA)
Total Token Supply: 1,000,000,000 BETA
Total Tokens Allocated to Binance Launchpad: 50,000,000 BETA (5% of Total Token Supply)
Public Sale Token Price: 1 BETA = $0.06 (price in BNB are going to be determined before subscription)
Token Sale Format: Subscription
Supported Sessions: BNB only
Subscription Timeline:
Preparation Period 2021-09-30 00:00 AM (UTC) - 2021-10-08 00:00 AM (UTC): During this era , user BNB balances are going to be calculated as hourly snapshots for every day over an 8-day period. . Your final average daily BNB balance during these 8 days will then determine the utmost amount of BNB you'll commit.
Subscription Period 2021-10-08 06:00 AM (UTC) to 2021-10-08 10:00 AM (UTC): The subscription will now be unlocked for a 4-hour period for all eligible users. Users must also sign the Token purchase contract before committing their BNB. Please note that when committed, your BNB are going to be locked and you'll not be ready to use or access other functions like transfers, withdrawals or trading until the ultimate token distribution.
Calculation Period 2021-10-08 10:00 AM (UTC) - 2021-10-08 11:00 AM (UTC): Subscription closes and token allocation calculation begins.
Final Token Distribution 2021-10-08 11:00 AM (UTC): Your final token allocation are going to be calculated and therefore the corresponding BNB is going to be deducted from your already locked BNB. Once dropped, both your BETA and BNB tokens are going to be transferred to your spot wallet.
What is Beta Finance?
Beta Finance - A permissionless market for crypto lending, borrowing, and short sale
Project Introduction
Beta Finance may be a cross-chain permissionless market protocol for lending, borrowing, and shorting cryptocurrencies. Beta Finance has created an easy, integrated "1-Click" short film that lets Defi natives take the other side of a trade and counter-volatility, while also enabling anyone, anywhere, anytime to automatically create and unlock money markets for a coin. new asset usage.
Source: https://launchpad.binance.com/en/subscription/BETA_BNB
Emre Ata
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