Beta Finance Lets Users Bet Against a Frothy NFT Market and More - Allen Lee, Ep. 170
Play • 35 min

Beta Finance is building a permissionless protocol for people to easily short overheated tokens. Incubated by Alpha and Binance Launchpad, Beta recently garnered a lot of attention by allowing users to short NFD, a fractionalized NFT of a doge painting.

I'm joined by founder Allen (@handle) to talk about

  • The importance of shorting in DeFi
  • How Beta works vs. Rari Fuse, Sushi's Kashi and other protocols
  • Miner-extractable value in shorting onchain

Host: mrjasonchoi. Not financial advice. Disclaimer: Spartan Capital is an investor in Beta Finance and holds Beta tokens.

 

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------------ Disclosures -------------

Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries

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