Beam 2022 Week #3 - On Track to Confidential DeFi
Covering January 10th - January 16th 2022
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Midway through the first month of 2022, and things are on track for a wicked year! It was kicked of with a boom and a bang and things are just getting started. With the BeamX phase 1 staking campaign nearing completion comes more exciting opportunities to participate in the Beam Confidential DeFi ecosystem! Before all that let us dive in and check out some of the updates from the week that was!
BeamNFT Making Waves!
A big shout out to the crew at BeamNFT. They are well and truly making waves, bringing some valuable content for Beamers new and old!
The BeamNFT comp is live!
The leaderboard is up, and the challenge set. Relish in sitting yourself at the top, or live life in envy of those that ascend!
Be sure to get involved and play your part for both BeamNFT and the wider Beam ecosystem!
Keep on Hashing on!
Final call for the budding Beam miners! Crank up your GPUs, get a guage on what hashrates they are a pulling, and fire it into the survey!
The latest updates can be found at here, and are a great reference for those looking to through some GPUs at Beam and reap the rewards!
Research and Development!
The Beam Web Wallet came under some stress in recent weeks due to a high level of demand. This led to some unexpected issues that are currently being investigated, with a fix on the way. There is also an upgrade around the corner to improve reliability and usability for the Beamers making the most of the Web Wallet!
DAO Core Voting
As you know, one of the integral parts moving forward in the Beam ecosystem is the decentralising of governance. For this to be a reality, the DAO needs a way to vote on the various issues that arise and parameters that need consideration. The BeamX DAO Voting Guidelines are up to gain feedback from the community, and make any tweaks that are needed before the launch of the governance contracts and interface.
Beam DAO Core Voting is expected to be alive and a thriving come early February! Right in time for the upcoming Confidential DeFi applications… Rumour has it the Confidential Stablecoin and DEX are around the corner! 👀
The BeamX initial staking campaign is nearing completion, with us entering the last days to catch some unadulterated BeamX! It has seen huge support and confidence from the community, with the numbers continuing to rise since the contracts went live! Future opportunities for staking and farming will follow shortly after the completion of the current phase!
Total Stakers: 78339
TVL in $BEAM: 20,903,237(19.76% of circ. supply)
TVL in $: $9,440,759
BeamX withdraw from contract: 209,883.1324
If you are not yet staking, jump into the Beam Core Dapp before it finishes and get your farm on! 🧑🌾
When the Phase 1 staking campaign comes to completion users will be able to withdraw their Beam from the contract, and claim their BeamX.
Be in to Win!
NFTs Keep on a Beaming!
That is all for this week, but be sure to sign up, and stay tuned for all things Beam.