NBX (prev. Beyondfi)
3 min readApr 9, 2021

BEYOND FINANCE DEX BETA

Updates on open Beta Version.

Greetings Beyond Community, we wanted to take this time to finally share with everyone our Beta Platform, with an overview on the development thus far. Currently, rigorous internal QA is ongoing in the midst of hazy preparation of our public sale, whilst trying to give insightful answers and feedback to our community.

We will be celebrating this achievement by giving early access to selective users to test the Beta version of Beyond. Upon release, there will be many programs (bug bounty for one) with rewards, of course including our tokens, giving back to our community!

Tech Key Features

  • Improved User Experience:

Enhancing user experience is paramount in achieving scalability and mass adoption. Therefore, we have strategically chosen to compile, To Stake, Trade, Loan, Invest — all in one domain. One Stop Shop !

The use of DeFi jargon alienates first time/inexperienced users,

therefore we have changed the words Mint to Invest, Burn to Redeem, Swap to Get. We hope this sets the tone to easy, comfortable trading.

  • Sustainability

Beyond will accumulate and attract a multitude of non-crypto users. Communities with a wide range of traders in stock, foreign exchange, derivatives, gold and more.

Through this implementation, we would steadily adapt more users long-term.

Beyond will be a self-sustaining platform, generating consistent revenue from the trading fees, alone.

  • Synthetic Trading

With a Collateral Ratio of 300%, users will face much less capital burden to enter into trading synthetic assets — the liquidity ratio will further reduce to 150% in the future with adoption of orderly liquidation mechanism

  • Security:

Security was the highest priority for the Beyond team, all the platform features & smart contracts shall be audited by a reputable third party audit firm. Beyond will launch after the completion of the audit report. Dual audits to tighten the security and ensure the platform is secure.

We know the community wants more, Stay tuned! We will be releasing a detailed video tutorial version of the platform.

Please join our global communities (links below) for the latest updates. In the meantime, please follow us on Twitter, Medium, and join us for further discussion in our Telegram channel.

About Beyond Finance

Beyond is a decentralized synthetic product trading platform where users can create and trade synthetic financial products, unlocking the full potential of decentralized finance and derivatives without limits. With prominent key partners including Huobi Ventures, Spark Digital Capital, and OKex Block Dream Fund, Beyond Finance allows users to trade decentralized products without any restrictions, allowing individuals to reach their fullest to fully realize the value of Decentralized Finance.

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