BEAM Privacy
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BEAM Privacy

The Beam Staking Campaign Comes to a Close!

The Beam Staking Campaign, which launched on October 21 2021, finally comes to an end after distributing 1,000,000 $BEAMX to $BEAM stakers over the course of 131,400 blocks (or 3 months). The first-ever round of $BEAMX staking was a monumental success, locking up ~20% of $BEAM’s total circulating supply across ~78,000 wallets throughout the staking campaign.

You can now withdraw your $BEAM from the smart contract and claim all your $BEAMX staking rewards.

Vote in the Beam DAO

The next step in fulfilling our vision of creating a community-governed confidential DeFi ecosystem is the launch of the Beam DAO voting dApp. $BEAMX holders can use the dApp to vote on proposals and developments of the protocol

20% of the $BEAMX total supply is locked in the DAO treasury to fund projects and developments based on community approval, conducted via voting. Read more about the Beam DAO Voting & Governance process here.

The Beamer community now holds 1,000,000 $BEAMX rewarding them with an initial voting power of ~20%. This voting power will gradually increase as more $BEAMX is minted through the “adoption and liquidity mining” programs constituting 36% of $BEAMX’s total token supply.

Out of the 20% investor allocation, 9.5% has been sold to investors, leaving the remaining 10.5% unclaimed for funding rounds in the future.

Gear Up for Upcoming Yield Generating dApps

Word has it that in February, stablecoins & DEX will join the growing dApp family, bringing along yield farming opportunities for liquidity providers & stakers. Further along, in 2022, expect an Ethereum bridge, additional dApps & play-to-earn games.

Come discover Beam and join our community!

Download Beam Wallet for Desktop, Web, iOS, Android

Learn more about Beam on our website and blog

Subscribe to our YouTube channel

Read about Shaders and BVM

Telegram: t.me/BeamPrivacy

QQ Beam 中国官方社区: https://jq.qq.com/?_wv=1027&k=5Mbs8N4

Reddit: reddit.com/r/beamprivacy/

Twitter: twitter.com/beamprivacy​​

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Leading the way to Confidential DeFi

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Danai Raza

Danai Raza

Finance Graduate from Mahidol University International College 2020. DeFi Degenerate. Writing about blockchain, crypto, DeFi and privacy coins.

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