- Problem Statement: Beamswap, a Moonbeam-based DEX, aims to increase market liquidity and user retention by introducing new features and optimizing existing ones. The intended audience includes current and potential users of the Beamswap platform and the broader Moonbeam Network.
- Significance: The growth of Beamswap's user base and liquidity would contribute to the overall growth of the Moonbeam Network and the Polkadot ecosystem, attracting more developers and accelerating innovation in the Web3 space.
- Proposed Solution: Beamswap plans to introduce a range of features and strategies to attract new users and retain existing ones. These include a Hybrid Router for efficient trade routes, trading competitions, a referral program, an ambassador program, task gamification, multi-language support, and gas and trading fee rebates. Beamswap also plans to partner with various Web3 players to enhance its offerings.
- Expected Outcomes: The proposed solutions are expected to increase Beamswap's trading volume and liquidity, attract more users, and solidify Moonbeam's relevance in the Web3 space. The total cost of the grant proposal is 3,000,000 GLMR tokens, which will be used over a 24-week development period starting in November 2022.

#209 Beamswap Grant Proposal