What Is Solarbeam (SOLAR) ?
Solarbeam (SOLAR) is a decentralized exchange, providing liquidity and enabling peer-to-peer transactions on the Moon river Network. They are currently the leading DEX on the network. The goal is to provide a comprehensive and convenient, one-stop platform for the cryptocurrency community.
Solarbeam (SOLAR) allows users to trade directly from their wallets, rather than trading through a third party – tokens never leaving your custody means it is 100% owned by you. Lower trading fees make Solarbeam an attractive platform to trade with.
Solarbeam (SOLAR) Higher liquidity also helps provide a broad range of support to various facets of the crypto community, and to continuously adapt to the market by continuing to provide value to both token holders and the community.
Solarbeam (SOLAR) Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Solarbeam |
| Short Name | SOLAR |
| Circulating Supply | N/A |
| Total Supply | 2,100,562 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Tokenomics
Solarbeam (SOLAR) will be a governance token. The token distribution follows a fixed supply, constant emission model, with burning mechanisms.
Emissions
Solarbeam (SOLAR) are no pre-sales, private sales, or pre-listing allocations of the SOLAR token. All tokens are distributed according to the emission schedule. That means that the team funds and treasury funds are distributed at the same pace as the LP farms. Part of the emissions are reserved for future strategic partnerships to help the SOLAR ecosystem grow. If allocated these will enter a minimum 12-month linear vesting
Revenues
- 0.05% of all trades go to the $SOLAR treasury (of which 50% is used for buybacks and burns)
- 5% tax on single asset staking pools goes to the treasury
- 0.1 MOVR per liquidity lock goes to the treasury
Vaults
Solarbeam (SOLAR) is a set of time locking pools, with higher incentives. Long term $SOLAR supporters can lock their tokens for a pre-determined set of time, for higher rewards. Currently, there are 7 day and 30 day lockups, as well as a lower APY pool without any timelock. Participants receive various rewards, including: higher rewards during lock duration, higher allocations in the Launchpad, and more.
When Did Solarbeam launch?
Solarbeam (SOLAR) launched September, 2021.
When did farming start?
Solarbeam (SOLAR) Farming started at the same time as launch, during September, 2021.
When will audit be completed?
Solarbeam (SOLAR) There is currently an audit in progress by Certik. Please check the Roadmap section for further progress.
What is Impermanent loss?
Solarbeam (SOLAR) Impermanent loss is a change of value of assets compared to when you deposited them. The larger the change of value, the more loss occurs. The loss is reversible when the values return to what they were at the time of deposit. If assets are removed from the pool before the return to the original pricing, then the impermanent loss becomes permanent.
What is Slippage?
Solarbeam (SOLAR) Slippage is the % of the difference you want to buy a token compared to the current price. For example, if if the price of the token has changed by the time you initiated transaction, your swap will succeed as long as the difference is within the percentage you chose as the slippage
Why Solarbeam?
Peer-to-Peer Transactions
Solarbeam (SOLAR) Trade directly from wallet to wallet, without any third party account or releasing custody of your tokens.
Earn $SOLAR with Yield Farming and Staking $MOVR
Solarbeam (SOLAR) Stake your tokens in single asset pools, or paired in liquidity pools to earn more $SOLAR.
Earn Trading Fees via Liquidity Pools
Solarbeam (SOLAR) Provide liquidity to earn part of the protocol’s trading fees.
Unified Accounts, Addresses, and Signatures
Solarbeam (SOLAR) Use your existing Ethereum-like H160 accounts & ECDSA signatures to interact with Moonriver.
Use Existing Tools and DApp Front-Ends
Solarbeam (SOLAR) Connect popular tools like MetaMask, Hardhat, Waffle, Remix, and Truffle via a complete set of Web3 RPC endpoints. Use well-known JavaScript libraries, such as Web3.Js or Ethers.Js.
Deploy with Minimal Changes
Solarbeam (SOLAR) If you have an existing contract, it will work right away with no need to rewrite or reconfigure.
Use Familiar Programming Languages
Solarbeam (SOLAR) Write smart contracts in Solidity or anything that compiles to Solidity bytecode.