Beamswap monthly recap #3
CoinMarketCap listing, first-ever crypto lending on Moonbeam, and new partnerships marked the past month at Beamswap.
📌 Beamswap and $GLINT listed on CoinMarketCap
Just a few weeks after we got listed on CoinGecko, Beamswap has joined other DEXes on the CoinMarketCap exchange list.
We’re proud to have been recognized by the leading and most comprehensive source of real-time data on cryptocurrencies, markets, and social trends in the crypto scene.
🟣 First-ever Moonbeam-based lending platform
Beamswap has become the first DEX on the Moonbeam Network to offer lending and borrowing of crypto assets.
On Beamlend, users can earn passive income with interest from asset lending, or expand their portfolio by borrowing supported currencies from the Moonbeam community.
🟣 Moonbeans in BLO #2
In our second Beamswap Liquidity Offering (BLO), Beamswap bridged MoonBeans to the Moonbeam Network and added liquidity in $BEANS tokens.
We’ve also opened a $BEANS-$GLMR LP Yield farm and $BEANS Syrup pool to reward stakers of $SHARE tokens.
In collaboration with CougarSwap, a BSC-based advanced yield farming platform, we’ve set up a limited-time Syrup Pool on Beamswap to distribute USD 16,000 worth of $CGS tokens.
🟣 DIA Data
On the functionality front, we’ve partnered with DIA Data and incorporated its price feed oracles to power Beamswap’s lending & borrowing operations.
Learn more about the DIA partnership in their article. 👇
In Q2 2022, we’ll continue developing the Beamswap DeFi hub and announce new partnerships, platform updates, and DeFi opportunities for our users.
👇 Stay tuned and follow our official channels. 👇
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.