Join Our Mailing List
Thursday September 28, 2023
Bitcoin (BTC) $26,400.07   Ethereum (ETH) $1,616.05
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Networks & Protocols

Alpha Finance selects short-selling crypto platform Beta Finance as first incubated project

Beta Finance is a one-stop shop for the short-selling of any crypto asset...

Published by CryptoNinjas.net
07/08/2021
Alpha Finance selects short-selling crypto platform Beta Finance as first incubated project

Alpha Finance Lab, a DeFi ecosystem, today announced the first project of its Alpha Launchpad program – Beta Finance, a permissionless money market protocol to lend, borrow, and short crypto-assets.

Beta Finance aims to offset crypto volatility and bring about market stability through a short-selling tool coupled with a permissionless money market. The Alpha Finance Lab team chose Beta Finance for incubation as it believes the platform is a critical piece of financial infrastructure to bring about market stability; a product offering that is needed and lacking in DeFi.

Alpha Launchpad + Beta Finance

In traditional finance, short-selling, or borrowing the asset to sell immediately at the inflated value and buying it back at a more reasonable value; has been adopted prominently as a counterforce to offset market volatility by traders, financial institutions, and banks. This mitigates the overly upward pressure and allows the market to function more efficiently.

With Beta Finance, DeFi users will be able to short any crypto asset simply with just a click of a button. Beta will borrow tokens from users looking to short on Beta money markets, and carry out the short position for users. On the other hand, holders of any crypto tokens may create a money market on Beta to lend and get high lending APYs in return.

This comes at a time in which users cannot short the crypto assets they want to short; as these assets are not supported by any existing money market in DeFi. Even if the shorted asset is supported by an existing money market; Beta will remove the need for users to interact with various DeFi protocols and paying gas fees on multiple transactions.

The elevated price volatility ever-present in the current crypto market landscape causes unpredictability. The precariousness of token prices that climb exponentially within a short period of time leaves investors vulnerable to huge price exposure, and Alpha believes the short-selling feature of Beta will fit in perfectly.

“Alpha Launchpad’s incubator program was set up to ultimately grow the Alpha Universe; and bring more value accrual to ALPHA stakers by incubating key building blocks of DeFi, with the first being Beta Finance. The support and guidance provided by Alpha through the Alpha Launchpad will act as a catalyst for DeFi teams to push their projects forward; be it in terms of product-market fit, tech work, and even fund-raising strategies.”
– The Alpha Finance Lab Team

Interested DeFi teams can check out the Alpha Launchpad application process here.

197
SHARES
SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin

Related News

Alpha Finance introduces second launchpad incubation project: pSTAKE

09/13/2021
Alpha Finance introduces second launchpad incubation project: pSTAKE

Alpha Finance Lab, a DeFi ecosystem and platform, today announced the second Alpha Launchpad project, pSTAKE, a ‘Liquid Staking’ DeFi protocol that unlocks the liquidity of staked assets. What is pSTAKE? Designed as a...

Read more

Alpha integrates fiat-crypto gateway from Nash to enable EU users to purchase crypto

09/11/2021
Alpha integrates fiat-crypto gateway from Nash to enable EU users to purchase crypto

Alpha Finance Lab, a DeFi platform and ecosystem, announced today that it has partnered with Nash, a bitcoin and crypto exchange platform to integrate their fiat gateway onto Alpha Homora V2. This partnership will allow...

Read more

Alpha Finance Lab launches oracle aggregator with data from Band Protocol and Chainlink

05/10/2021
Alpha Finance Lab launches oracle aggregator with data from Band Protocol and Chainlink

Alpha Finance Lab, a DeFi Lab and on a mission to build an ecosystem of DeFi products, today announced it has launched the 'Alpha Oracle Aggregator' with data from two of the largest data...

Read more

DeFi ecosystem Alpha Finance Lab introduces new grants program

05/02/2021
DeFi ecosystem Alpha Finance Lab introduces new grants program

Alpha Finance Lab, an interoperable ecosystem of DeFi products, has announced that as a part of laying the foundation to build a scalable Alpha ecosystem, it is now launching the Alpha Grants Program. Alpha...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Blockstream Mining Bitcoin

Blockstream launches bitcoin mining colocation and pool services

08/08/2019
Blockstream releases new platform for Liquid-sidechain security token issuance

Blockstream releases new platform for Liquid-sidechain security token issuance

05/15/2019
Zilliqa blockchain combines incubation programs as it announces new grant winners

Zilliqa blockchain combines incubation programs; announces new grant winners

12/03/2019
Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

10/22/2018
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
HashKey Exchange, Hong Kong's first licensed crypto exchange is now live

Hong Kong’s first licensed crypto exchange HashKey is now live

08/28/2023
Adenasoft launches new crypto exchange white label solution: ACE

Adenasoft launches new crypto exchange white label solution: ACE

06/27/2023
Maximize Your ETH Investment: The ETHphoria Vault by Pods

Maximize Your ETH Investment: The ETHphoria Vault by Pods

06/21/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy