Beets - Logo
BeetsBEETS
Projects

BeetsBEETS

Exchanges (DEX)

Overview

What is Beets?
Beethoven X is a non-custodial exchange protocol built on Fantom and Optimism. It was founded by an anonymous team and launched in 2021.
How does Beets work?
Liquidity providers deposit funds into Beethoven X and receive trading fees from traders (supply-side fees). In addition, Beethoven X provides liquidity providers with additional yield using boosted pools.
Who governs Beets?
BEETS tokenholders own and govern the protocol. They currently take a cut of the total trading and yield fees (revenue). Beethoven X shares 50% of the Optimism revenues with Balancer (Beethoven X is an official friendly fork of Balancer).
Expense50% of the Optimism revenues paid to Balancer.$12.5BalancerRevenueBeethoven X's share of trading and yield fees$50Connects liquidity providers and tradersSupply-side feesLiquidity providers' share of trading and yield fees$50Liquidity providersFeesTrading fees$100Traders
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

On-chain sources