Cryptos: 9 180
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Market capitalization: $3.62T
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Beets
BEETS

About Beets

Beets is a next-generation Automated Market Maker (AMM) protocol on Sonic. It aims to serve as a comprehensive decentralized investment platform on Sonic. Beets offers a trading experience similar to Uniswap, enabling users to swap one token for another. The Smart Order Router (SOR) intelligently sources liquidity from multiple pools to automatically find the best available prices across all pools. Users can earn BEETS by staking their liquidity provider (LP) tokens. Protocol fees are distributed to Liquidity Stakers. Providing liquidity in one of the 80/20 BEETS weighted pools allows you to earn a share of 30% of the protocol fees. Whenever possible, protocol fees will be implemented for transactions, with 30% of the fees used to buy BEETS on the open market and redistributed to Liquidity...

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