Moonbeam Introduces Beamswap

Moonbeam Introduces Beamswap, a Moonbeam-based hub for all things DeFi.

What is Beamswap?

Primarily, Beamswap is a decentralized exchange (DEX) with an automated market maker (AMM), providing liquidity and peer-to-peer transactions. 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.

Beamswap is built 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.

Beamswap products and features

— Token swap, liquidity, yield farms
— NFT Marketplace
— Beamswap Launchpad

About Moonbeam and Moonriver

Moonbeam and Moonriver are Ethereum-compatible smart contract platform on the Polkadot and Kusama networks that make it easy to build natively interoperable applications. This Ethereum compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam and Moonriver with minimal changes. Following Moonriver’s tremendous success on Kusama as the most active deployment destination for over 80 DApps, Moonbeam benefits from the shared security of the Polkadot relay chain and integrations with other chains that are connected to Polkadot.

➡️Source:
https://medium.com/beamswap/beamswap-a-new-defi-hub-on-moonbeam-f8af8ef53941

DeXe Network In 2022

DeXe Network is an ecosystem of various tools and platforms coming together as the go-to one-stop-shop for DeFi trading. Its keystone is a decentralized social trading platform that operates via…

YDragon and Realm Partnership

Continuing on the YDragon metaverse journey, they have another partnership finalized and ready to announce. This time, it’s with the soon to be launched, multi-chain, play-to-earn game, Realm. Teaming up…

Market Stats:
BTC Dominance: 40.1%(+0.35%/24h)
ETH Dominance: 18.77%(-0.13%/24h)
Defi Market Cap: $131.43B(+3.77%/24h)
Total Market Cap: $1975.52B(-1.73%/24h)
Total Trading Volume 24h: $78.86B(+4.65%/24h)
ETH Market Cap: $371.31B
Defi to ETH Ratio: 35.4%
Defi Dominance: 6.29%
Altcoin Market Cap: $1183.35B
Altcoin Volume 24h: $55.97B
Total Cryptocurrencies: 16949
Active Cryptocurrencies: 9218
Active Market Pairs: 52719
Active Exchanges: 453
Total Exchanges: 1580
Share via
Copy link