Beam 2022 Week #1 - Happy Birthday
Covering December 27th - January 2nd 2021
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A very Happy New Year to all! We hope you all had a wonderful start to the year, and well wishes for 2022!
Not the only celebration this week, but today was a very special day for Beam. The 3rd Birthday for Beam was celebrated in style, with a community call taking place earlier today to not only celebrate, but to looks at what is coming for Beam in the year ahead!
The community call was filled with insights into what to look forward to for Beam in the coming months, so let’s dive in and check it out!
Beam Community Call
A great turn out for the Beam Community Call this afternoon, as we discussed what is to come for confidential DeFi on Beam. A big shout out to PayWithBEAM on Twitter for the live updates of the call for those that couldn’t join. Check out the full thread and be sure to like and share!
Phase I: Staking Campaign nearing completion this month that has established the first, risk free distribution for Beamers
Phase II: Voting is set for release in the coming weeks. This will be an upgrade to the Beam DAO core Dapp and contracts that enable Beam to move towards a fully decentralised governance model.
Phase III: Liquidity is set to bootstrap the new Dapps entering the ecosystem, particularly those requiring liquidity like an AMM DEX. This DEX will launch with a $BEAM < - > $BEAMX pair allowing users to both provide liquidity, and trade between the two assets. Other pairs will be easily added by anyone that wishes. The initial launch will allow for users to add liquidity and likely stake for more $BEAMX, with the longer term solution gearing towards ‘DeFi 2.0’, and aiming to establish protocol owned liquidity!
Phase IV: Bridges will allow for capital to flow more freely from other blockchains to the Beam ecosystem, with the initial bridge being Ethereum, and others to follow after
Phase V: Stable Assets will allow for users to store their value in assets with price targets. Initially backed by collateral in the form of CDPs (collateralized debt positions) and utilising oracles
Wallets: 6.3 is incoming with IPFS integration and the D²APP store. 6.4 will follow bringing the Asset Swap to the wallet.
Powered by Beam: Confidential Decentralised development platform with GIT repository 👀🔥
This is but a few of the highlights of what is upcoming for Beam, and no doubt there will be much more on the cards as we progress. A huge thanks to all those that joined, and as always it was an absolute pleasure!
Beam Birthday Bash NFTs!
Round two is here, so cast your votes for the best of Beam Birthday NFTs!
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: 78269
TVL in $BEAM: 20,332,060(19.45% of circ. supply)
TVL in $: $12,074,295
BeamX withdraw from contract: 175,056
If you are not yet staking, jump into the Beam Core Dapp and get your farm on! 🧑🌾
Happy New Year!
A very happy day!
BeamNFT brings prizes!
That is all for this week, but be sure to sign up, and stay tuned for all things Beam.