Beta.belt.fi (BELT) Review : It Is Good Or Bad Coin Read Our 2021 Review

Beta.belt.fi (BELT) Review : It Is Good Or Bad Coin Read Our 2021 Review

About Beta.belt.fi (BELT)

Beta.belt.fi (BELT) is a stableswap AMM protocol that incorporates multi-strategy yield optimizing on Binance Smart Chain (BSC) and HECO Chain with low fees/slippage that also provides aggregation through vault compounding, lending and yield generation for maximum returns. Finance’s stableswap AMM offers users the most efficient way to swap their stablecoins by offering significantly lower slippage than alternative swap protocols. Belt Finance is also focused on giving users the best yield through a combination of trading fee rewards and a multi-strategy optimization vault system. By utilizing multiple strategies simultaneously, Belt.fi minimizes dependence on any one protocol while generating users the best possible yield rates in DeFi. This also protects users from low-liquidity withdrawal issues.

Beta.belt.fi (BELT) Users do not actively need to move their assets around between protocols to find the best yield, as Belt Finance vaults do it for them. This guarantees the highest reliable yield possible as it provides an amalgamation of many parts of the DeFi ecosystem. As Belt Finance grows to include more strategies, assets, and chains, this effect is expected to continually grow. More than that, Belt.fi’s vault compounding puts together the convenience and savings of gas fees while also essentially having no impermanent loss. Belt.fi is non-custodial, meaning that no-one besides you can move or withdraw your deposited assets.

Beta.belt.fi (BELT) Storage Key Points

Coin NameBeta.belt.fi
Short NameBELT
Market Cap$38,559,530
Total Supply1,819,662
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
Decimals:18
Support24/7
Official Project WebsiteClick Here To Visit Project Website

The Conveyor Belt of optimized Yield to Your Assets

AMM protocol incorporating multi-strategy yield optimization

Beta.belt.fi (BELT) Review

Security and Risks Beta.belt.fi (BELT)

RISKS

Beta.belt.fi (BELT) is in beta. Please DYOR and use at your own risk.

Smart Contracts

Beta.belt.fi (BELT) smart contracts are forked from yearn.finance, Curve, and Pickle Finance to combine the maximal benefits of the three.

Audits

Beta.belt.fi (BELT) first audit was conducted by a CONSENSYS-backed blockchain security firm. You can check the audit report here BeltFi/belt-contractContribute to BeltFi/belt-contract development by creating an account on GitHub.github.com

Beta.belt.fi (BELT Features & Its Functions

Beta.belt.fi (BELT) is a protocol that allows users to retain the stability of their asset positions and get maximum yields with minimal risk (little to no impermanent loss). The accomplish this with a combination of three main strategies:

Convenient, Automated Vault Compounding

  • Beta.belt.fi (BELT) maximizes yield returns on your asset position by strategically utilizing a variety of vaults and compounding these an optimal number of times per day.

Strategy Modifying Yield Optimization

  • The bToken is not simply a single, set strategy. As it is connected to a multitude of strategies, it instantaneously shifts to the most optimal strategy available so your assets get the best possible yield.

AMM with stable or same-value tokens with low slippage and low IL (impermanent loss)

  • Beta.belt.fi (BELT) Impermanent loss has plagued liquidity provisioning from the start of DeFi, but as Belt.fi offers you the possibility of participating in AMM with a variety of bTokens that have close to no price volatility relative to each other, you retain the convenience and assurance of retaining your token position while getting returns with no impermanent loss or price impact. This is because the pools contain a multitude of tokens with similar value/origin.
  • Belt.fi’s AMM functionality offers benefits both for Makers (liquidity providers) and Takers (those doing token swaps). Makers get the highest yield from their deposits through Belt.fi’s strategy modifying yield optimization, compounding, and the BELT token. Takers can take advantage of Belt.fi’s low trading fees, low slippage, and low price impact.

BeltToken Earn Policy

Beta.belt.fi (BELT) A main function of Belt.fi is being a lending aggregator. Funds are automatically shifted between strategy protocols as interest rates change between these protocols. Belt.fi completely optimizes the interest accrual process for end-users to ensure they are always obtaining the highest interest rates among our connected platforms. Earns from each beltStrategy contract are automatically added and compounded to your deposit every 6 hours.‌

  • example transaction
    • https://bscscan.com/tx/0x6e8389aef0451c2c3907930f591ab6c586debb5e4a46f17ac7dd9a457384b8d3
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