Beta has surpassed it’s 3rd year building next generation lending markets on-chain. Beta has continued to shown strong innovation with its two flagship products: V1 - Permissionless Markets and V2 - Omni, and strong security — having cumulatively supported hundreds of millions of dollars in lending and borrowing across the products. Beta is proud to be one of the top projects that has never been exploited in its history and has proven a strong track record for the community.
The core vision of Beta remains the same as it was since day one: Build secure and novel protocols to further blockchain adoption.
Even though it has been three years, we still see the blockchain space in its stages of infancy. There is still so so much that can be built and innovated on in the blockchain space, and with the coming wave of artificial intelligence — the verifiability and transparency of blockchain technology is more important than ever before. We’re excited to see what will come in the future.
Beta continues to make more and more money markets accessible on-chain. There are now over 33 markets listed on Omni, making Omni one of the most diverse money markets on chain, and 39 whitelisted markets on Permissionless. As a reminder, anyone is able to freely create a new market on Permissionless and reach out to the team for a risk assessment to whitelist, or create an independent UI to interact! Beta has more assets coming in the pipeline as well, like cbBTC, XRP, ZRO, and more, as Beta continues to bring more and more markets on chain.
More markets give DeFi users the choice to use their assets more efficiently and provides the foundation for more and more on-chain products. Beta always welcomes protocols that are looking to leverage the underlying money market legos, so reach out!
Beta has built out a robust internal risk framework to further strengthen the security and processes of the protocol, and are happy to now introduce Beta Boosted Loans. Beta Boosted Loans are a way for users that are verified Beta holders to have a white glove lending and borrowing experience on the platform. As a member of Beta Boosted Loans (BBL), you will need to hold a certain threshold of Beta and have a demonstrated history of DeFi activity to be eligible.
BBL members will be able to be sourced a greater range of loan flow and have access to better loan terms: lower interest rates, longer durations, lower liquidation penalties, and more! In addition, protocol teams that are looking to tap into capital without having to raise more money are able to reach about about this program! This program is now officially started, and is the fulfillment of enabling better loans for BETA holders and providing larger financing to users (including projects). If you are interested in this service, inquire at bbl@betafinance.org!
As Beta celebrates over three years, the journey is far from over. With a steadfast commitment to building secure, groundbreaking protocols, Beta has established itself as a trailblazer in the decentralized finance space. Its flagship products, Omni and Permissionless, have empowered users across the globe by unlocking new financial opportunities, while fostering a secure, trustworthy environment for lending and borrowing.
The vision to propel blockchain adoption through cutting-edge solutions remains as strong as ever. As Beta continues to introduce new markets and refine its offerings, it is positioned to shape the future of DeFi by pushing the boundaries of what is possible in decentralized finance.
The launch of Beta Boosted Loans further exemplifies Beta's forward-thinking approach, giving verified users an exclusive, tailored experience with better loan terms and increased capital access. This evolution not only benefits individual users but strengthens the entire ecosystem by bringing more assets on-chain, enhancing liquidity, and enabling innovative protocols to flourish.
As the industry continues to evolve and intersect with emerging technologies like artificial intelligence, Beta stands ready to adapt, grow, and lead. With Omni and Permissionless at the forefront, Beta is poised to redefine the standards of decentralized finance, guiding the industry into the future with a clear vision and unwavering focus on security, transparency, and innovation. The best is yet to come.
** Reach out at bbl@betafinance.org to learn more about membership for Beta Boosted Loans