Beam Swap is a Decentralized exchange (DEX) with an automated market maker (AMM), providing liquidity and peer-to-peer transactions, built on the Moonbeam network.
Beam Swap Giveaway Whitelist
JOIN GIVEAWAY: https://wn.nr/SDkDB5
To participate, you must:
✔️ Fill out the form and complete all tasks
✔️ 250 winner(s) will receive 4000 $GLINT (approximate retail value 80 USD)
✔️ Moonbeam is EVM compatible so your Ethereum address for example from Metamask will work
✔️ New wallets with no transaction history are automatically disqualified
✔️ Answer the question: 11 January
✔️ Stay tuned friends and good luck!
📬 Twitter – Beamswap_ann
📆 Deadline – February 9, 2022
To celebrate Beamswap’s & Moonbeam’s launch month, we’re giving away 1,000,000 $GLINT!
Moonbeam is EVM compatible so your Ethereum address for example from Metamask will work
New wallets with no transaction history are automatically disqualified*
About Beam Swap
What is Beamswap?
Primarily, Beamswap is a decentralized exchange (DEX) with an automated market maker (AMM), providing liquidity and peer-to-peer transactions.
But it aims to be so much more than that.
Supporting an array of services and features, it will allow you to swap crypto assets, both fungible and non-fungible, earn passive income from staking and yield farming, and even launch your own crypto projects on Moonbeam.
DeFi space is huge and growing
In just four years, the DeFi space has grown from humble beginnings to over $100 billion of total value locked in November 2021. Today (at the time of writing), it amounts to just shy of that mark, to over $96 billion (source: DeFi Pulse).
Decentralized exchanges (DEXes) are a crucial integral part of the DeFi space, amounting to $31.5 billion of total asset value locked.
Every day, more than ten DeFi projects launch and offer a decentralized take to the financial autonomy of everyday users. With such a pace and growing monthly user influx, fueled also by the rising devaluation of fiat currencies, the DeFi space is set to continue the path of expansion and innovation.
The DeFi space amounts to nearly $100 billion in total value locked.
Many DEXes already dominate the DeFi space at large. But most are built on Ethereum, a network with high transaction fees and scalability issues.
Understanding the ever-growing market demand as well as infrastructural requirements needed to support such an inrush of new users, Beamswap aims to position itself at the center of the DEX and DeFi spaces within the Moonbeam ecosystem.
Beamswap is built on Moonbeam
The Beamswap team has chosen the Moonbeam network to launch our DeFi services. Why Moonbeam?
Moonbeam is a Polkadot parachain with the most funds raised and the highest number of contributions. Being Ethereum-compatible, it merges Ethereum’s simplicity of use and adaptability of smart contracts with the scalability power of Polkadot. It also ensures a seamless transition from other EVM chains, giving developers and users more room for connectivity and the use of advanced features. This makes Moonbeam the preferred network to support Beamswap.
In the Moonbeam ecosystem, Beamswap has the first-mover advantage. To respond to user needs, offer our features to the widest audience, and support further development, Beamswap is based on the Moonbeam network, which is compatible with all the main tools known to the average user — Metamask, Remix, Hardhat, Truffle, and more.
With cross-chain integrations, it facilitates interoperability and supports the decentralized aspect of the Beamswap platform. And with on-chain governance, the changes and upgrades of features are managed and implemented through user collaboration.
Moonbeam’s low gas prices make the Beamswap platform’s services highly competitive, while the overall scalability supports further growth and sustains the ever-growing user demands.
Beamswap products and features
No matter how visionary a product is, its success depends on user adoption and how comfortable they are using it. All Beamswap products and features are created, tested, and perfected with our users in mind, both beginners and seasoned crypto traders.
But it’s not just about individual features. The goal of Beamswap is to serve as a hub, a suite, a toolbox that supports all the users’ needs for decentralized management of digital assets.
Token swap, liquidity, yield farms
These are the main features of Beamswap.
The token swap is supported by Beamswap DEX and works as peer-to-peer trading on the Moonbeam network. It’s enabled through automated market-making (AMM) processes and benefits from supply liquidity. This makes swapping on Beamswap fast, affordable and easy, as it connects directly to the user wallet.
With yield farming, users can reap rewards from depositing or staking their Liquidity pool tokens into yield farms. Instead of simply hodling coins in their wallet, they can use them to generate steady returns.
Today, one cannot discuss Web3 without mentioning NFTs. The Beamswap NFT Marketplace will support NFT collectors, traders, flippers, and simply digital art enthusiasts with a shared platform to browse, bid on, and trade unique digital tokens.
New projects looking for a place to launch a debut collection will be able to present their work on the NFT Launchpad platform and kickstart their journey into the Moonbeam-based NFT space.
To support new and exciting initiatives launching on Moonbeam, Beamswap Launchpad will serve as a meeting point for users and projects.
On one hand, users holding Beamshare tokens will gain access to exclusive IDOs & Public sales of new tokens to launch on Moonbeam. On the other hand, projects launching on Moonbeam will be able to reach new funding channels and market support by connecting to our ever-growing community. Together, both sides of the equation will propel the expansion and innovation in the Moonbeam ecosystem and Web3 at large.
And much, much more…
With new features enriching the DeFi space daily, we’re committed to offering the best of them on the Beamswap platform.
We’ve already set up and planned tens of them. Liquidity locker, syrup pools, portfolio tracker, charts, advanced trading with limit orders, Zap, governance, you name it.
In the following posts, we will introduce the current and upcoming Beamswap features in more detail, so make sure you follow this account and our social media channels for fresh updates.
With international users in mind, Beamswap will also provide multilingual support so we ensure clear communication and further expand the reach of DeFi and Web3 across the globe.
The road ahead
In late 2021, we kicked off the Beamswap project and assembled a wider team. We’ve launched Beamswap DEX Beta and started preparing for the Seed and Private rounds of investment. We’ve also applied to the Moonbeam grant and did some major UI redesign of the platform.
Now, in Q1 of 2022, there are many goals ahead of us. From the launch of DEX and AMM, to Yield Farming and Liquidity locker, and everything in between, the list of newly added features will expand every week.
We’re also preparing for the Beamswap IDO and $GLINT Token generation event. Once Moonbeam fully launches in the following weeks, Beamswap is also set to officially provide the listed services on this network.
Moving towards midyear, we’ll be adding multilingual support and limit orders to DEX trading, Launchpad, and a variety of other features. While we pursue all these important goals, we remain flexible to respond to market changes faster and in a more agile way.
The Beamswap platform as a whole will remain focused on a variety of market opportunities and on building the solutions that are needed to propel DeFi innovation and provide better service to everyday users.
Join us in bringing DeFi to the masses
We’re excited to be building the future of Moonbeam-based DeFi. Follow us on social media and be the first to learn about Beamswap updates.
Upwards and onwards!
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