FAQ

1. What is Beatsquare?

Beatsquare is a diversified open financial protocol matrix, established by a group of global smart contract developers and financial experts. They come from professional financial institutions such as professional quantitative arbitrage and have many years of experience in finance, derivative products, arbitrage strategies and DAPP development. &Excellent profitability, aiming to provide the most efficient and convenient comprehensive asset management & revenue optimization services. Beatsquare core products include Beat Optimizer and Beat Starter two modules: Beat vaults is based on the big data AI machine learning revenue optimization protocol set, Beat Starter is a decentralized asset crowdfunding platform. Other Beatsquare products include Beat Bank, a lending platform, and Beat Swap, an on-chain liquidity trading platform, with the goal of becoming a cross-chain YFI+AAVE+COINLIST.

If you want to learn more about the details, please consult the Documentation.

2. What is BQR token

BQR is Beatsquare's community governance Token, with a constant issuance of 30 million pieces, which are used to motivate the community, supporter rewards, liquidity mining, and other applications and other initial ecosystem creation. By ensuring the mining output, the holders of BQR can participate in the recommendations and decision-making of community affairs and receive continuous dividends. It is Beatsquare's core mission to build a strong community consensus based on the community governance token BQR, and then to lay out a more complete decentralized financial ecosystem.

If you want to learn more about the details, please refer to the Economic model.

3. What is DeFi?

DeFi is the abbreviation of Decentralized Finance, also known as Open Finance. It actually refers to a decentralized protocol used to build an open financial system, which aims to allow anyone in the world to conduct financial activities anytime, anywhere. In the existing financial system, financial services are mainly controlled and regulated by the central system, whether it is the most basic deposit and withdrawal transfers, loans or derivatives transactions. DeFi hopes to establish a transparent, accessible, and inclusive peer-to-peer financial system through a distributed open source agreement to minimize trust risks and allow participants to obtain financing more easily and conveniently. DeFi is a blockchain-based financial service that integrates traditional financial services into it and uses the unique functions of the blockchain to create new services or financial derivatives. DeFi (decentralized finance) applications are a subset of DAPP (decentralized applications).

4. What is the Beatsquare community?

The Beatsquare community is established by a group of global smart contract developers, financial experts and a large number of blockchain enthusiasts. They come from professional financial institutions such as professional quantitative arbitrage. They have many years of experience & excellence in finance, derivative products, arbitrage strategies and DAPP development. The profitability of the company aims to promote the actual implementation of the blockchain and realize the dream of Satoshi Nakamoto and many blockchain enthusiasts to use science and technology to benefit mankind in the spirit of Mr. Satoshi Nakamoto. By adhering to the ideal of value interconnection, we will gather a group of people who contribute their self-worth to achieve the common goal, stand on the shoulders of the predecessors, contribute to the value Internet, and continue to promote the development of human society. The Beatsquare community members are not only contributors to the platform, but also include users of the Beatsquare system ecosystem, token investors, and potential contributors. The Beatsquare community will operate regardless of time and space, just like our system platform.

If you want to learn more about the details, check out Governance.

5. How to join the community?

The composition of the Beatsquare community plays a vital role in the development of the community. We welcome everyone to join us, no matter your location, no matter your age, no matter your skin color, we are willing to embrace you with open arms. We hope that every enthusiast who is committed to the development of the blockchain industry will join the community, work together for the development and inclusiveness of technology, and share the joy of the success of the community. We sincerely welcome friends from all over the world to join the big family of the Beatsquare community in various forms:

1. Join the Beatsquare community;

2. Join our core development team and become our consultant;

3. Join or initiate various open source collaboration teams (including user groups, activity teams, etc.);

4. We welcome Ethereum, other public chain wallet teams, and blockchain Dapp development teams to reach open collaborative relationships with us.

Please contact us in the following ways:

mailbox: [e-mail]

Twitter: https://twitter.com/beatsquare1

Telegraph: https://t.me/beatsquare_official

6. What are the risks of using the service?

In addition to security audits and smart contract insurance, the Beatsquare technical team also conducted a risk assessment of the assets to be provided according to the Beatsquare risk framework to further mitigate risks. However, users should note: The DeFi industry is still in its infancy, and it is assumed that no platform can 100% avoid related risks, including smart contract vulnerabilities and liquidation risks under highly volatile market conditions.

If you want to learn more about the details, please refer to the Audit Report.