The startup offers a decentralized exchange platform that facilitates peer-to-peer transactions and liquidity for both fungible and non-fungible crypto assets. Users can execute limit orders, track portfolios, and engage in staking and yield farming, enabling them to generate passive income while launching their own crypto projects.
Funding
$4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Liquidity providers on decentralized exchanges face challenges such as impermanent loss and the complexity of managing liquidity positions across different Automated Market Maker (AMM) protocols. Furthermore, bridging assets between different EVM chains can be cumbersome and costly.
Solution
Beamswap is a decentralized exchange (DEX) and DeFi hub built on the Moonbeam network that aims to provide a comprehensive suite of tools for peer-to-peer transactions, liquidity provision, and yield optimization. Utilizing a concentrated liquidity market maker (CLMM) protocol, Beamswap facilitates efficient trading and earning opportunities. The platform offers features such as token swapping, liquidity pools, yield farms, and staking of the GLINT token to earn stGLINT, which can then be allocated to various Beamswap v3 features for passive rewards. Beamswap also includes an integrated bridge for transferring cryptocurrencies between EVM chains and a launchpad for new projects on the Moonbeam ecosystem.
Target Audience
Beamswap targets cryptocurrency traders, liquidity providers, and DeFi enthusiasts seeking a comprehensive platform for trading, yield farming, and participating in the Moonbeam ecosystem.
Features
- Concentrated Liquidity Market Maker (CLMM) for capital-efficient trading
- Token swapping between various cryptocurrencies
- Liquidity pools (V3, V2, and Stable AMM) for earning fees
- Yield farms for staking LP tokens and earning GLINT rewards
- stGLINT staking for unlocking bonus rewards and governance participation
- Integrated bridge for transferring assets between EVM chains
- Launchpad for supporting new projects on the Moonbeam network
- Lottery for a chance to win rewards
- Beamswap Locker for locking tokens
- Analytics dashboard for tracking volume and liquidity