Beethoven X

AMM / DEX

beets.fi external-link icon

About

Beethoven X is a community-driven DEX and DeFi power house. Governed by the BEETS token and living on the Fantom Opera and Optimism chains.

How it uses Balancer protocol

As the first official friendly fork and built on Balancer V2, Beethoven X leverages best in breed DeFi protocols to offer novel decentralized investment strategies. It is the first next-generation AMM protocol on Fantom Opera and Optimism.

“Central to the core capabilities of Balancer V2 lies the Protocol Vault. Unlike other DEXs that manage assets across multiple contracts on their protocol, Balancer V2 incorporates a single Vault that holds and manages ALL of the assets across ALL of the pools.

This unique innovation in Vault architecture provides the backbone for a number of novel capabilities and is the basis for how Balancer V2 seamlessly integrates liquidity provision that is 1: flexible, 2: efficient and 3: secure.”

@beethoven_x on Twitter

Further reading