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As we move towards the end of the year, much is on the cards and in the works for the Beam ecosystem. A huge part of this is of course the Beam DAO! Aimed at empowering those in the ecosystem by decentralising the governance of the Confidential DeFi applications, and Beam itself.
With the initial distribution phase well underway it is time to look towards the Beam DAO and what it will entail on the governance front. With this, we bring an initial proposal for feedback from the community, to establish a framework for voting on proposals to improve the Beam ecosystem, and in the future the Dapps operating under the Beam DAO umbrella.
With great power comes great responsibility. As is the case for BeamX.
As BeamX is the governance token for the Beam DAO, it will be used for voting on the various proposals within the ecosystem. In order for such to take place, a framework is needed to ensure that both proposing and voting can take place in an organised and efficient manner. This aligns participants and protocols with vested interest in the Beam ecosystem.
The initial proposal for how voting will work in the Beam DAO is now live on the forum. Please read over the proposal, give your thoughts, and pose any questions you have. The voting aspect of the DAO is arguably one of the most significant, so letting your voices be heard now is paramount. The Beam DAO voting will play a major role in Beam, and the confidential DeFi it enables!
The BeamX initial staking campaign has well and truly kicked off, with us now reaching the half way point! It has seen huge support and confidence from the community, with the numbers continuing to rise since the contracts went live!
Total Stakers: 37181
TVL in $BEAM: 19,197,000(18.65% of circ. supply)
BeamX withdraw from contract: 125,426
If you are not yet staking, jump into the Beam Core Dapp and get your farm on! 🧑🌾
Beam Accepted Here
This latest in Beam Accepted Here, we bring you: Old & Rare Whisky
Old and Rare whisky, as the name suggests, offers an exquisite selection of finely crafted whisky. Thanks to the assistance of Raskul, they are now accepting Beam as means of payment, and what better time than winter to warm your insides with a whisky.
The Beam Bridge!
Interplanetary File Sharing!
That is all for this week, but be sure to sign up, and stay tuned for all things Beam.