Beam Weekly Update

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Beam 2021 Week #49 - Votooooor
beamprivacy.substack.com

Beam 2021 Week #49 - Votooooor

Covering December 6th - December 12th 2021

Dec 13, 2021
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Share this post
Beam 2021 Week #49 - Votooooor
beamprivacy.substack.com

Download Beam Android Wallet | iOS Wallet | Desktop Wallet | Web Wallet

Beam News

As we inch closer to the end of the year, the stage is set for an enormous 2022 for Beam. One of the most important parts of the Beam ecosystem moving forwards is of course the Beam DAO. The aim of which is to further decentralise power and control over the Beam ecosystem, with a suite of confidential DeFi applications which join the DAOs ranks! An important part of this is to establish a framework for Beam Improvement Proposals and the voting on such.

The Beam DAO voting will include a wide range of decision making functions, from Beam Improvement Proposals, to treasury and Dapp management. The expected release for the Beam DAO Dapp itself is early 2022, with confidential DeFi applications to join the ranks shortly after.

The stage is being set for Beam to set the standard for confidential DeFi, and power privacy throughout crypto!

Beam DAO

The initial $BEAMX distribution phase aimed to get the governance token into the hands of Beamers. This has been achieved by allowing the staking of $BEAM without the need to worry about the staked assets being exposed to such things as impermanent loss, or liquidity backstops. A more or less risk free staking campaign to bootstrap distribution to the community. After the initial staking phase concludes, there will be more ways to earn $BEAMX with liquidity provision being one such way on the cards.

The Beam DAO Voting Proposal is live on the forum!


As mentioned in the last Beam Newsletter, the Beam DAO Voting Proposal has been posted to the forum, and with it the call to action to come with your feedback on how the voting and proposals shall be conducted.

The initial proposals main focus centres around that of Special Non Binding Proposals, so let’s break them down along with the other intended proposals and instances where voting plays a crucial role!

  • Special Non Binding Proposals: As the name suggests, these proposals are non binding and aim to gauge sentiment on various issues throughout the Beam ecosystem.

  • Special Binding Proposals: Contrary to the SNBPs mentioned above the Beam SBPs will be binding in nature. They will thus not be used to gauge sentiment, but rather to act on decisions made by the DAO and more forward with said decisions.

  • Regular On-chain Proposals: These proposals will be used to vote for on-chain parameters for the Beam DAO and applications falling under its umbrella.

Research and Development


6.2 comes to Testnet!

The 6.2 Desktop release is live on Testnet, making improvements to the UI and Dapp store. This includes the addition of transaction notifications when interacting with Dapps, giving information about the actions taken when paying or receiving funds, along with improved utilisation of real estate for the Dapp screens.

Twitter avatar for @beamprivacyBeamPrivacy @beamprivacy
Beamers! The testnet for Beam Wallet version 6.2 launches today. Test all the newest features before mainnet release:
beam.mw/downloads/test… For suggestions and feedback, reach out to support@beam.mw #Beam #DevUpdateBEAM Confidential Cryptocurrency and DeFi Platform | Download Beam Testnet Wallet for WindowsDownload Beam Testnet Wallet for Windowsbeam.mw

December 13th 2021

6 Retweets29 Likes

Staking!

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: 55248

Farmed: 578,439.88/1000000(57.84%)

TVL in $BEAM: 19,293,920(18.68% of circ. supply)

TVL in $: $12,410,274

BeamX withdraw from contract: 134,999

If you are not yet staking, jump into the Beam Core Dapp and get your farm on! 🧑‍🌾

Community

The Beam Bots!

Twitter avatar for @thebeambotsBeamBots @thebeambots
Hi Beamers, 10 additional #BeamBots will be minted tomorrow, our army is growing and getting stronger! 🤖🔼⚔️♀️💜🦾 #PrivacyP2E #BeamNFT #privacymatters @beamnftart @beamprivacy
Image

December 8th 2021

12 Retweets42 Likes

A taste for the rare!

Twitter avatar for @1rskl𝚁𝚊𝚜𝚔𝚞𝚕 @1rskl
The Old & Rare Whisky NFT collection is coming to @beamprivacy Get ready for a spectacular Christmas with a true rare NFT on the $Beam blockchain...
Old & Rare Whisky NFT Collectible SetOLD & RARE WHISKY NFT SET donate to keep this site running 2e4577113fbce524ee49e7e52a5fba30d0024b2b539fc9f68ec845c35f52aa80368 Available NOW. Secure your Old & Rare Whisky NFT during presale. HOW TO BUY: connect your Beam Desktop Wallet and go to dAPPS > NFT GALLERY Once it’s opened,…raskul.com

December 13th 2021

At the core!

Twitter avatar for @beamprivacyBeamPrivacy @beamprivacy
Pictured Below: The $BEAM #staking DAO Core #DAPP running on Beam Mobile Wallet #testnet. With the release of version 6.2, users will be able to access #confidential #DAPPs from the luxury of their smartphones. Download Beam Wallet:
beam.mw/downloads/main… #Beam #DevUpdate
Image

December 7th 2021

35 Retweets131 Likes

No For Tales!

Twitter avatar for @beamprivacyBeamPrivacy @beamprivacy
Shout out to the @beamnftart team for highlighting some of the newest #confidential NFT collections on the #Beam #NFT Marketplace. The Beam Team might snag some of BeamX stickers! 🤩🤩 Read more here:
beamnft.medium.com/beamnft-market…BeamNFT Marketplace’s Weekly NFT Collection Curation #1Last week the BeamNFT team highlighted their favourite confidential NFT collections including BEAM Punks, BeamBots, Privacy Fans and other awesome collections. This week’s NFT Collection curation…beamnft.medium.com

December 10th 2021

24 Retweets74 Likes

A vote in and for privacy!

Twitter avatar for @beamprivacyBeamPrivacy @beamprivacy
The #BEAM #DAO Voting Process guidelines are live on the Beam forum:
tinyurl.com/BeamDAOVoting Beam brings voting rights and governance to $BEAMX holders. Upon launch, voting will be conducted through the Beam DAO Core DAPP located in the Beam Wallet. #ComingSoon #DevUpdate
Image

December 9th 2021

25 Retweets71 Likes

Collect them all!

Twitter avatar for @beamprivacyBeamPrivacy @beamprivacy
Each Thursday, a large collection of confidential NFTs is uploaded to the Beam NFT Marketplace. Head over! Browse & Trade the latest confidential NFTs on
beamnft.art or on gallery.beam.mw/#/ Getting your first confidential #NFT is easy: How to Purchase Confidential NFTs on the Beam EcosystemThis article serves as a step-by-step tutorial on how to purchase confidential NFTs on the Beam blockchain. Users can make purchases from the NFT Marketplace DAPP available in the Beam Desktop Wallet…tinyurl.com

December 10th 2021

15 Retweets63 Likes

That is all for this week, but be sure to sign up, and stay tuned for all things Beam.

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Beam 2021 Week #49 - Votooooor
beamprivacy.substack.com
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