📈 Beamswap & Beamex
🟣 Beamex Beta launched
Beamswap DeFi Hub continues evolving to deliver the most to the crypto community, both newbies and veterans.
Our latest milestone was launching Beamex, the first perpetual DEX on the Moonbeam Network. 🎉
While still in the Beta phase, Beamex lets you test and get familiar with one-click crypto swaps and leverage trading of futures contracts using the Beamex vault tokens. 👇
Once fully launched, Beamex will redefine decentralized crypto trading with zero price impact and dynamic pricing to mitigate liquidation risk from temporary wicks. All in all, it will deliver:
✅ Lower emissions
✅ Low cost and zero price impact
✅ Increased efficiency
✅ Leverage trading
✅ Reduced liquidation risk
In the first few days since launch, Beamswap Beta has hit over 1,000 users and continues attracting traders that value crypto transactions through self-custody of assets and decentralized finance.
Go to https://beta.beamex.exchange/#/trade, get your vault tokens, try and test the features before the Beamex DEX launches in full capacity. And, check out the comprehensive guide that takes you step-by-step through the main Beamex features. 👇
🟣 Beamswap V3 Concentrated Liquidity
While Beamex is a completely new product rising from our previous successes, the Beamswap DeFi Hub continues delivering the best of DeFi on the Moonbeam Network. Now, with the upgrade to v3, its features are getting an extra boost.
The v3 concentrated liquidity (CLMM) is coming to Beamswap to increase the platform’s capital efficiency, reduce slippage, and deliver greater yields to liquidity providers.
The new-gen Beamswap DeFi Hub is about to launch, so stay tuned and be the first to take advantage of concentrated liquidity allocation.
Learn more about the upcoming upgrade to v3 and how it will enhance your DeFi experience. 👇
🟣 Moonbeam Grant Proposal
Beamswap prides itself in being a top DeFi platform on Moonbeam and a booster of the network’s adoption. As such, we always strive to deliver more, attract wider audience, and add higher value to the Polkadot ecosystem as a whole.
Aiming to enhance the platform’s adoption and the relevance of Moonbeam Network in the Web3 space, Beamswap has filed a Moonbeam Grant Proposal to inject liquidity into soon-to-be-released Beamswap v3 and Beamex.
Read the full proposal and find out how Beamswap envisions the new platforms to be a driving force in the DeFi space. 👇
🎤 Events
🟣 ETHDenver
We brought it up in the previous monthly recap already, but since it was one of the must-attend events in Web3, we feel ETHDenver deserves another mention.
From late February to early March, Denver hosted everyone that matters in the Web3 space, and the Beamswap team found its place in the Moonbeam Network’s booth, the corner of the conference venue where all Moonbeam-based projects flocked together.
Beamswap Business Developer Jay brought the swag, talked DeFi, shook hands, and took selfies with everyone that dropped by, as well as peer Moonbeamers and Polkadotters — shout out to all, we loved meeting you!
📢 Ecosystem shout-outs & achievements
Another month, another round of Beamswap topping the charts.
According to Polkadot Insider, a leading analyst of the Polkadot space, our DeFi Hub led the pack of Moonbeam-based dapps, counting both platform users and token holders.
📈 With nearly 7,000 active users in 30 days, Beamswap was the most used dapp on the Moonbeam Network in the past month.
💪 And, with over 11,000 holders, Beamswap’s $GLINT took the top spot among popularly held tokens on the Moonbeam Network, while the platform’s secondary token #SHARE came in fourth with more than 5,000 holders.
📢 Polkadot Insider even compiled a sleek, comprehensive guide on using Beamex, claiming vault tokens, and Beta-testing the platform. We appreciate their support in sharing the knowledge! 👏
💰 $GLINT & $SHARE
🟣 $GLINT burn
Yes, we have been busy developing the new stuff, but never forgot about our commitment to ongoing activities.
In our regular burn, over 800,000 $GLINT from the circulating supply have turned to ashes, adding to the nearly 61 Mio $GLINT that was burned to date in total.
Check out the flames on the $GLINT Burn Dashboard until we bring more heat. 🔥
👨👧👦 Community
🟣 Downtown Moonbeam AMA
As we aim to grow the Beamswap fam, we always take the opportunity to expand our reach and spread awareness of Moonbeam-based DeFi in different communities.
In late March, Beamswap CMO Justin Silva sat down for Downtown Moonbeam’s AMA together with Brain Dex and Bifrost Finance, and discussed DeFi and Beamswap services.
🟣 Weekly Swap Talk
And, giving a platform to the Beamswap community and its views on the DeFi and ecosystem news, we rolled out a couple of episodes of the traditional Beamswap Swap Talk on Telegram.
Join us for the next edition, get your questions or opinions ready, and make them heard! 📢
🟣 TOTM — Tweet of the month
The launch of the Beamex Beta clearly resonated across the ecosystem and set a new standard for decentralized trading. We appreciate the Moonbeam Network’s shout-out and support — onwards and upwards! 🎉
With two major upgrades in the Beamswap books, more announcements, guides, and news will be making their way to the community. Stay tuned and never miss an update.
In the meantime, put your trading skills to the test and get the most out of the DeFi with Beamswap and Beamex Beta.
About Beamswap
Beamswap is a DeFi Hub built on the Moonbeam Network featuring a decentralized exchange (DEX) and an automated market maker (AMM). It gives users the freedom of adding liquidity, performing peer-to-peer transactions, swapping fungible tokens, and earning passive income from staking and yield farming. Beamswap will support the growth of Moonbeam’s ecosystem and act as a launchpad for new projects developing on the network. Our team’s mission is to aid in the multichain vision to serve as a host for projects on the Moonbeam & Polkadot Ecosystem while working alongside projects with existing infrastructure looking to bridge into the multichain universe.
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