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MoonBeans, the second BLO on Beamswap

In our second BLO, Beamswap bridges MoonBeans to the Moonbeam Network and adds liquidity in $BEANS tokens.

πŸ“† The MoonBeans BLO will take place on March 10th, 2022, at 07:00 PM UTC.

Why should you participate in MoonBeans BLO?

The BLO will allow you to bridge $BEANS tokens from the Moonriver Network in order to boost $BEANS liquidity on the Moonbeam Network. By contributing $GLMR, users will be able to buy $GLINT at a 5% discount and receive a 15% bonus in $BEANS.

Once the BLO closes, raised 50,000 USD worth of $GLMR will be combined with 50,000 USD worth of $BEANS to provide initial liquidity for listing $BEANS on Beamswap.

Beamswap will also open a $BEANS-$GLMR liquidity provider Yield farm, as well as a $BEANS Syrup pool where you’ll be able to reap the rewards in $BEANS by staking your $SHARE tokens.

MoonBeans BLO details

πŸš€ When the BLO begins, you can start committing your $GLMR tokens. You only have 24 hours to do so.

πŸ”€ The $GLMR : $GLINT & $BEANS ratio will be locked in one hour before the BLO.

🟣 Raised: 50,000 USD worth of $GLMR in exchange for 50,000 USD worth of $GLINT + 15% Bonus in $BEANS
🟣 Beamswap-MoonBeans Bridge Launch: TBA
🟣 BLO Launch: March 10th, 2022, at 07:00 PM UTC
🟣 BLO End: March 11th, 2022, at 07:00 PM UTC
🟣 BLO Duration: 24 hours
🟣 $BEANS-$GLMR Pool Launch: TBA

How to participate and claim tokens?

Before participating in the MoonBeans BLO, get everything in place and seize the opportunities.

πŸ’° Get your wallet BLO-ready

πŸ”“ Claim $GLINT at a discount

In the Moonbeans BLO, you can commit $GLMR to buy $GLINT at a 5% discount and receive a 15% bonus in $BEANS. 50% of your discounted $GLINTs can be claimed once the BLO ends and the other 50% after 30 days.

What is MoonBeans and $BEANS token?

MoonBeans powers an NFT trading platform called MoonBeans Galactic Trading Co., which provides the highest profit-sharing rewards currently available on the market.

MoonBeans ($BEANS) is the pioneer token on the MoonRiver Network that rewards users from every transaction simply for holding $BEANS. At the time being, the rewards are paid in $USDC, but the community-ran DAO gives power to the users by allowing them to vote on the reward token.

https://moonbeans.io/#/

The MoonBeans protocol supports:

βœ”οΈ Frictionless $USDC dividends/rewards for holding $BEANS
βœ”οΈ Customizable rewards for $BEANS decided by users
βœ”οΈ $BEANS Community DAO allowing voting and smart contract decisions
βœ”οΈ Sharing all profits in the ecosystem among users and holders of $BEANS, $SEEDS, and $BEANIES.

What is BLO?

Beamswap BLO comes from the Initial Liquidity Offering (ILO) and enables liquidity and capital from other networks to easily flow and accumulate on the Moonbeam Network.

With BLO, Beamswap tackles the issue of liquidity for assets that are bridged to the Moonbeam Network and for projects that seek to bridge their liquidity to Moonbeam.

BLO ensures higher asset liquidity which means better pricing of assets on the market, and for you, as an end-user, better prices of bridged tokens.

πŸ‘‡ Read more about Beamswap Liquidity Offering and how it works. πŸ‘‡

Boosting liquidity on Moonbeam

Beamswap BLOs aim to solve liquidity issues of bridged assets on the Moonbeam Network. This means more traffic, better buying conditions, and ultimately better price for everyone.

Join us and benefit from next-level liquidity on Moonbeam through Beamswap.

πŸ‘‡ Follow us on social media and learn about updates as they happen. πŸ‘‡

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.

Twitter | Telegram Group | Telegram Announcements | Discord | GitHub

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