> For the complete documentation index, see [llms.txt](https://betafinance.gitbook.io/betafinance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://betafinance.gitbook.io/betafinance/beta-tokenomics.md).

# BETA Tokenomics

The official contract addresses for the BETA token are:

ERC-20: [0xBe1a001FE942f96Eea22bA08783140B9Dcc09D28](https://etherscan.io/address/0xbe1a001fe942f96eea22ba08783140b9dcc09d28)\
BEP-20: [0xBe1a001FE942f96Eea22bA08783140B9Dcc09D28](https://bscscan.com/address/0xbe1a001fe942f96eea22ba08783140b9dcc09d28)

### BETA Token Information

BETA is Beta Finance’s **native utility token** and has the following **current** and **planned** functions:

* **Staking incentives:** BETA token holders will be able to stake their tokens on the protocol and act as a backstop for covering shortfall events. BETA holders who stake their tokens will receive a portion of the revenue generated by the protocol.
* **Liquidity mining:** Liquidity providers can [**stake their assets into the lending pools**](https://betafinance.gitbook.io/betafinance/lending) to enable borrowing and short selling. To incentivize these providers given opportunity costs, liquidity providers will be **eligible to receive BETA tokens through a liquidity mining program**, adjusted based on a user’s relative contribution and additional parameters.
* **Governance:** BETA token holders will be able to **participate and vote in the governance process** of the platform. Through governance, users can influence and **modify product features and key parameters** of Beta Finance. This will enable BETA token holders to influence the direction of the protocol's development.

### BETA Token Distribution Schedule

![](/files/SnqUVGCzYfii4dYkSqPy)