🚀$BEET

$BEET is the first fully collateralized and permissionless Avalanche memecoin index token to efficiently and autonomously rebalance itself, available on orbeet.space.

$BEET capitalizes on the extreme volatility of memecoins through the volatility farming strategy.

As $BEET is fully collateralized, underlying assets can be redeemed at any moment.

As another option, $BEET tokens can be swapped against AVAX using the Warp Router. The Warp Router will find you the best deal to buy or sell $BEET between TraderJoe’s liquidity pool and $BEET’s minting and burning process.

Composition

$BEET is composed of the leading memecoins in the Avalanche ecosystem as well as $USDC and $ATF to increase the rebalancing efficency.

Why include $USDC and $ATF ?

Since $BEET is continuously rebalancing its assets, including tokens that are decorrelated from the others increases rebalancing frequency, thus increasing profits for $BEET stakers.