Beamswap is a decentralized exchange (DEX) on MoonBeam Network with an automated market maker (AMM), providing liquidity and peer-to-peer transactions.
Beamswap is a decentralized exchange (DEX) with an automated market maker (AMM), providing liquidity and peer-to-peer transactions. But it aims to be so much more than that. Supporting an array of services and features, it will allow you to swap crypto assets, both fungible and non-fungible, earn passive income from staking and yield farming, and even launch your own crypto projects on Moonbeam.
The Beamswap team has chosen the Moonbeam network to launch our DeFi services. Why Moonbeam?
Moonbeam is a Polkadot parachain with the most funds raised and the highest number of contributions. Being Ethereum-compatible, it merges Ethereum’s simplicity of use and adaptability of smart contracts with the scalability power of Polkadot. It also ensures a seamless transition from other EVM chains, giving developers and users more room for connectivity and the use of advanced features. This makes Moonbeam the preferred network to support Beamswap.
In the Moonbeam ecosystem, Beamswap has the first-mover advantage. To respond to user needs, offer our features to the widest audience, and support further development, Beamswap is based on the Moonbeam network, which is compatible with all the main tools known to the average user — Metamask, Remix, Hardhat, Truffle, and more.
With cross-chain integrations, it facilitates interoperability and supports the decentralized aspect of the Beamswap platform. And with on-chain governance, the changes and upgrades of features are managed and implemented through user collaboration.
Moonbeam’s low gas prices make the Beamswap platform’s services highly competitive, while the overall scalability supports further growth and sustains the ever-growing user demands.
Beamswap products and features
No matter how visionary a product is, its success depends on user adoption and how comfortable they are using it. All Beamswap products and features are created, tested, and perfected with our users in mind, both beginners and seasoned crypto traders.
But it’s not just about individual features. The goal of Beamswap is to serve as a hub, a suite, a toolbox that supports all the users’ needs for decentralized management of digital assets.
Token swap, liquidity, yield farms
These are the main features of Beamswap.
The token swap is supported by Beamswap DEX and works as peer-to-peer trading on the Moonbeam network. It’s enabled through automated market-making (AMM) processes and benefits from supply liquidity. This makes swapping on Beamswap fast, affordable and easy, as it connects directly to the user wallet.
With yield farming, users can reap rewards from depositing or staking their Liquidity pool tokens into yield farms. Instead of simply hodling coins in their wallet, they can use them to generate steady returns.
NFT Marketplace
Today, one cannot discuss Web3 without mentioning NFTs. The Beamswap NFT Marketplace will support NFT collectors, traders, flippers, and simply digital art enthusiasts with a shared platform to browse, bid on, and trade unique digital tokens.
New projects looking for a place to launch a debut collection will be able to present their work on the NFT Launchpad platform and kickstart their journey into the Moonbeam-based NFT space.
Beamswap Launchpad
To support new and exciting initiatives launching on Moonbeam, Beamswap Launchpad will serve as a meeting point for users and projects.
On one hand, users holding Beamshare tokens will gain access to exclusive IDOs & Public sales of new tokens to launch on Moonbeam. On the other hand, projects launching on Moonbeam will be able to reach new funding channels and market support by connecting to our ever-growing community. Together, both sides of the equation will propel the expansion and innovation in the Moonbeam ecosystem and Web3 at large.
January 16, 2022