💰Staking

As $BEET’s underlying assets are self-rebalanced, arbitrage profits caught by AstroBot are distributed to BEET/AVAX Liquidity Providers.

Additionally, having liquidity on TraderJoe creates Liquidity Arbitrage opportunities as the pool price deviates from the minting (buying all assets) / burning (selling all assets) process.

This approach incentivizes $BEET holders to become Liquidity Providers on BEET/AVAX, while also allowing anyone to buy or sell the index token directly through TraderJoe.

100% of AstroBot’s arbitrage net profits are distributed to BEET/AVAX LP stakers, directly paid in AVAX.

What is Arbitrage ?

Arbitrage refers to the process of buying and selling assets across different markets to profit from price differences.

For instance, if the $BEET price is higher on TraderJoe than it is to mint, then AstroBot will mint $BEET and sell it on TraderJoe until the prices are balanced.