⚡Minting & Burning

Users have the option to mint $BEET by depositing the appropriate allocation of all underlying assets, receiving an equivalent amount of $BEET in return. Conversely, users can burn their $BEET to retrieve the underlying assets. This minting and burning mechanism enables users to enter or exit the index seamlessly.

If the $BEET token liquidity is higher than $25K, mint/burn operations incur a 2% fee that is entirely distributed to $BEET holders by directly increasing the amounts of the underlying assets per $BEET token.