Technical Details

Delve into the backbone of Beans to understand the high-powered mechanics and robust infrastructure that drive our platform on Sonic Mainnet.

Leverage Range

• Minimum Leverage: 100x
  The system is designed for high-impact strategies from the outset. Even if you’re more conservative, the 100x starting point provides ample opportunity for significant gains (and corresponding risks).

• Maximum Leverage: 1000x
  Seasoned traders can push the envelope with up to 1000x leverage. We encourage advanced risk management practices and careful monitoring when trading at extreme leverage levels.

Liquidation Protection

Beans employs automated monitoring and real-time alerts to help you manage positions effectively. Should a position’s health factor drop below a safe threshold, the system initiates a clear, step-by-step liquidation process designed to minimize losses and protect the overall liquidity pool.

Incentive-Driven Borrowing

Borrowers benefit from a unique rewards mechanism. A portion of the assets used to acquire Beans flows back to active borrowers, effectively “paying” users to borrow. This model boosts platform engagement and provides added value for power users seeking more than just a standard lending product.

Platform Security

Security is a top priority at Beans. We conduct regular audits of our smart contracts and maintain robust defenses against potential exploits. Built on Sonic Mainnet, transactions confirm quickly and with lower fees compared to many legacy networks, ensuring both security and efficiency in every interaction.

Smart Contract Integration

• Fully Automated: Every trade, loan, or leverage position is executed via transparent smart contracts.
• Settlement and Execution: Funds move seamlessly according to predefined parameters, reducing the possibility of human error.
• Rabby Wallet Compatibility: Thanks to the open and modular nature of Beans, Rabby Wallet users can connect easily for signing transactions, monitoring positions, and confirming actions on the fly.

Additional Highlights

• Real-Time Oracles: Accurate price feeds update your dashboards with near-zero latency.
• Efficiency at Scale: The Sonic Mainnet infrastructure ensures fast block confirmations, even during peak usage.
• Future-Proof Architecture: The Beans smart contracts are designed with upgradeability in mind, allowing us to integrate new features without disrupting user activity.

By incentive-driven borrowing, and Sonic Mainnet’s efficient architecture, Beans delivers a high-octane DeFi experience. Whether you’re a seasoned veteran pushing triple-digit leverage or an early adopter exploring these features for the first time, Beans provides the tools, security, and efficiency you need to trade with confidence.