Beam 2023 Week #16 - Dive In!

Covering April 17th - April 23rd 2023

Apr 24, 2023

Beam News!

Hey there Beamers, it's time for our weekly update, and we've got some exciting news to cover! As you may already know, the DEX accumulation phase is currently underway, and Beamers have been depositing ahead of the DEX launch, and have another week to do so. Let us dive in and see what it is all about!

DEX Accumulation Phase

As you all know, decentralized exchanges (DEX) have become paramount to the crypto space, and we expect them to play a vital role in the Beam ecosystem. The ability to trade assets both trustlessly and in a censorship-resistant platform has proven incredibly popular over recent years, although one aspect has always been missing. Privacy!

Beam fixes this, and we are thrilled to be launching the DEX after the completion of the currently ongoing DEX Accumulation Phase. The aim of which is to bootstrap liquidity for the Beam and BeamX pair, and to reward Beamers for doing so. So far the first week of the Accumulation Phase has been a great success, with many Beamers contributing to the initial pool. It is great to see the community coming together and supporting the launch of both Beam and BeamX, and of course the DEX itself.

By combining Beam's privacy with a DEX, anyone has access to a truly decentralized and private platform for trading cryptocurrencies. We hope you're as excited as we are for the upcoming DEX launch, and we encourage you to check out the current accumulation phase, and the bonus for depositors. Stay tuned for more updates on the DEX launch and other exciting developments in the world of Beam!

Beam Space

This weeks space was a great one! We covered the recent launch of the Nephrite stablecoin, the start of the DEX accumulation phase, spoke on MEV and the latest happenings.

Be sure to set your reminders and join us next week!

Day: April 27th
Time: 18:00 GMT
Location: Beam Twitter

https://twitter.com/beamprivacy/status/1650630586237693955

See you there!

Past Beam spaces are also available on Youtube!