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Beyond Token (BYN)
BYN is the primary token powering the Beyond protocol, acting as collateral, a governance token, and a payment token for fees across the Beyond ecosystem.
The market has seen multiple attempts to build synthetic products using comparable mechanisms, but these efforts come with serious issues that undermine confidence in the synthetic offering. These include:
• Low liquidity, which can lead to high slippage and wide spreads• Synthetic product pricing that tracks poorly against the real underlying assets• Elevated trading costs caused by Ethereum network congestion• Weak user interface and overall user experience when using the exchange• A restricted selection of assets that can be used for synthetic trading• Insufficient expertise regarding the underlying financial productsLIQUIDITY Through Beyond Exchange
Beyond uses a distinct method that blends standard Bid/Ask order book mechanics with automated market makers, designed to help shield users from exploitation.
Stake
When BYN tokens are staked, holders receive a portion of fees generated by Beyondprotocol as a reward.
Invest / Redeem
A user-friendly frontend lets participants interact directly with the smart contract, making it simple to invest in or redeem synthetics.
Trade
Provides access to exposure of existing traditional assets by buying and selling synthetic assets on the Beyond DEX.
Loan
Users can also access synthetic assets by locking ETH and borrowing ETHb or USDb.
| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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