Beta Finance aims to offset volatility and promote the healthy and widespread use of DeFi by individuals and institutions. The protocol builds an integrated one-click short selling tool that allows DeFi users to initiate, manage and close short positions on all tokens. The protocol enables anyone to automatically and permissionlessly create a money market for any token.

BETA is Beta Finance's native utility token with the following current and planned features:
Staking Incentives: BETA token holders will be able to stake their tokens on the protocol and act as a shortfall Event support. BETA token holders will receive a portion of the revenue generated by the protocol.
Liquidity Mining: Liquidity is important for the effective operation of the protocol, and liquidity providers need to put their assets into the lending pool for borrowing and short selling. To incentivize these providers, liquidity providers will be eligible to earn BETA tokens through a liquidity mining program, adjusted for users' relative contributions and other parameters.
Governance: BETA token holders will be able to participate and vote in the platform's governance process. Through governance, users can influence and modify Beta Finance's product features and key parameters. This will enable BETA token holders to influence the direction of the protocol.

Beta Finance consists of the following main components:
"One-click" shorting tool: Beta Finance provides an integrated tool that allows DeFi users to short in atomic transactions. Users can view relevant metrics (price impact, slippage, etc.) directly on the interface and easily manage and update their positions on the dashboard.
Permissionless Money Markets: Beta Finance will allow users to automatically create money markets for any ERC-20 token. Anything from fragmented NFTs to mature tokens can be listed on Beta Finance.
Segregated Collateral Model: To support highly volatile assets, Beta Finance introduces a segregated collateral model, where users are only responsible for collateral directly related to their positions.

The project has raised $2.75 million through two rounds of private token sales, where 15.00% of the total BETA token supply was sold at $0.0150/BETA and $0.0250/BETA.