BeamSwap

Halal Rating :
Comfortable
Last Price $0.00024 Last updated:
Rank 2505
1D Change -6.61 %
Market Cap $221,600
Circulating supply 917,949,791
Maximum supply 3,000,000,000

Crypto Overview

Categories
  • Polkadot Ecosystem
  • Moonbeam Ecosystem

Overview

BeamSwap is a decentralized exchange (DEX) built on the Moonbeam Network, which is a Polkadot parachain. GLINT serves as the native utility token of the BeamSwap ecosystem.

Purpose and Utility

The GLINT token has several core utilities within the BeamSwap ecosystem: Governance rights for protocol decisions, staking rewards for liquidity providers, and trading fee discounts. The platform enables users to swap tokens, provide liquidity, and participate in yield farming.

Business Model Evaluation

BeamSwap operates as a decentralized exchange with clear utility functions. The platform facilitates actual asset exchange and provides genuine technological infrastructure for DeFi operations on Moonbeam. The core functions involve trading real assets with clear ownership transfer and value creation through liquidity provision.

Real-World Adoption

BeamSwap has established itself as one of the primary DEXes on Moonbeam, though usage metrics are relatively modest compared to larger chains. The platform maintains active development and regular updates to its protocol.

Token Distribution

The GLINT token distribution includes allocations for liquidity mining, ecosystem growth, and team development. While exact current figures are not public, the initial distribution showed reasonable allocation patterns with standard vesting periods for team tokens.

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