What is BEEFY-ESCROWED SONIC(BES)?

Basic information about BES

Coin name:

Beefy-escrowed Sonic

Coin symbol:

Coin introduction:

Beefy-escrowed Sonic (beS) is a liquid-staking token developed by Beefy Finance to integrate with the Sonic blockchain ecosystem. It allows users to stake wrapped Sonic (wS) tokens and receive beS tokens in return, which represent their staked position and accrue staking rewards over time. This mechanism enables users to benefit from Sonic's staking rewards while maintaining liquidity through the transferable beS tokens. Upon depositing wS tokens into the beS smart contract, these tokens are automatically staked on the Sonic network. The staking rewards generated are periodically harvested and redistributed to beS holders. This process is automated to occur at least every 24 hours, ensuring that rewards are efficiently managed and distributed. The beS token is yield-bearing, meaning holders receive staking rewards without needing to take additional actions.

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Current Price:

$0.042478More coin details

All-time high:

$0.619359

All-time low:

$0.037533

BES Supply Info and Tokenomics

Circulating supply:

441K

Total supply:

441K

Max supply:

Market cap:

$18,736.99

Fully diluted valuation:

$18,736.99

What is the outlook and future value of BES?

The current market cap of BES is $18,736.99, ranked 9937 in the market, showing that the market already recognizes the value of BES. When a bull market arrives, the market cap of BES may continue to grow.

Moreover, if BES can play a greater role in real-world applications—such as if the Monero developers can fully empower BES and establish partnerships with more business partners to expand its user base—then the long-term value of BES will be further enhanced.

What is the price of BES in 2027?

According to the historical price performance prediction model of BES, the price of BES is expected to reach $0.044602 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get BES?

Purchasing BES with cash is not the only way to obtain BES. If you have enough time, you can get BES for free.

Learn how to get Hot rewards for free with BES.

Earn free BES by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get BES airdrops for free.

All crypto airdrops and rewards can be exchanged for BES through LBank spot trading.

Buy BES starting from $1

What is BES used for and how to use it?

The use cases for BES may grow with the development of the crypto market and project progress. Currently, you can use BES to:

Arbitrage trading of BES

BES is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many BES trading pairs to suit your needs.

Earn yield with BES

You can also lend out BES or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your BES gains.

Send or pay with BES

If you want to pay someone with BES, you can easily and quickly send BES to them using their receiving address.

You can also visit the official website of Beefy-escrowed Sonic to learn more use cases of BES, such as whether the Beefy-escrowed Sonic project supports community/eco apps or buying physical or virtual goods with BES.