What is Solarbeam?
Solarbeam is a decentralized exchange, providing liquidity and enabling peer-to-peer transactions on the Moonriver and Moonbeam Networks.
Goal: to provide a comprehensive and convenient, one-stop platform for the cryptocurrency community
Benefits:
1.Solarbeam allows users to trade directly from their wallets (not through a third party) — tokens never leaving your custody (100% owned by you).
2.Lower trading fees.
3.Higher liquidity helps provide a broad range of support to various facets, and to continuously adapt to the market.
Integration
Solarflare.io is now live on Moonbeam Network and has come under the umbrella of Solarbeam Foundation.
The fundamental goal of the Solarbeam Foundation — to support the Dotsama ecosystem and its parachains.
Solarbeam’s launch on Moonbeam brings a variety of different features including, an AMM, yield farming, single staking, and bridges.
How to use this integration?
Before you get started
Moonriver network requires $MOVR token in order to do transactions on the network.
STEP 1. Configuring Wallet in MetaMask
STEP 2. Adding Moonriver Network
After you’ve opened the Network tab, scroll down and click “Custom RPC”.
STEP 3. Fill in the details
Fill in the details with the Moonriver Network Settings and click „save”.
You can manually configure your wallet, by adding Moonriver network with the following settings:
Network Name: MOVR — Mainnet
New RPC URL: https://rpc.moonriver.moonbeam.network
Chain ID (optional): 1285
Symbol (optional): MOVR
Block Explorer URL: https://blockscout.moonriver.moonbeam.network
How to swap tokens
STEP 1. Go to the https://app.solarbeam.io/exchange/swap and connect your wallet
You can also find information about different types of wallet by clicking on „Learn more about wallets”.
STEP 2. Select the tokens you wish to swap
STEP 3. Input the amount you would like to trade
STEP 4. Click “Approve”, and confirm the swap in your wallet
STEP 5. Click “Swap” to finalize transaction
Note: if you have any difficulties, you can contact Solarbeam’s support community.
How to use on-site bridge
Despite Moonriver being compatible with Ethereum addresses, it is still an entirely different network and requires a process called “bridging”.
Currently, Solarbeam uses bridge services from two different sources: the integrated bridge powered by Anyswap, and a third party provider Relaychain.
STEP 1. Connect the wallet and ensure it contains the funds you are intending to bridge
STEP 2. Select the origin and destination networks
STEP 3. Select a token you want to bridge
STEP 4. Approve the bridge on the site, and in your MetaMask wallet
NOTE: transactions can takes up to 15 minutes. If the funds do not appear in your wallet, or if the transaction is stuck, try to manually push your transaction. For any further problems, refer to AnySwap’s technical support channels.
Adding liquidity pairs
STEP 1. Go to “Pool” and connect to your wallet
STEP 2. Click “Add” to form new tokens
STEP 3. Select token pair you wish to form
STEP 4. Click “Confirm Adding Liquidity” and „Confirm Supply”
STEP 5. Confirm in wallet and get “Transaction Submitted” notification
Staking LP tokens
STEP 1. Connect your wallet
STEP 2. Choose the amount you wish to stake and click „Approve”
STEP 3. Approve the transaction on site, and in wallet
STEP 4. Click “Stake” to commit to pool
All these features are only possible thanks to the integration of two excellent projects such as Moonbeam and Solarbeam.
More information on the subject of integration can be found on the
Website | Docs | Website | Docs | Announcement
