Want a DEX that is secure and processes transactions seamlessly on @BuildOnBase? Worry no more, as I will be introducing to you in this thread @Beagle_swap
Why should you be excited about Beagle Swap? Well, read on to find out.
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Got any project that have caught your interest on Basechain? Do share with me in the comments.
x.com/michaelsixgods/status/1697170435131990497?s=46 do well to like and retweet this to frens 🫶🏻🐕
Tagging some analytic accounts on @BuildOnBase
• @BaseAdvocates
• @BaseRecap
• @BaseEcoFans
• @BaseDailyMM… twitter.com/i/web/status/1697172704086937703
We'll be covering the following topics:
➟ Understanding BeagleSwap
➟ $BEG IDO
➟ Features that make BeagleSwap unique
➟ The Products
➟ Beagle Tribe NFT
➟ Tokenomics
➟ Partnerships
🔸 WHAT IS BEAGLESWAP
BeagleSwap is Layer-2 DEX built on the base network by Tribe, it is optimized to be fast and secure with easy-to-use interphase for users.
BeagleSwap capitalizes on Base's Security, cheap transaction fees, and user-friendly interphase.
🔸 $BEG IDO
$BEG is the native token for BeagleSwap and its IDO will begin soon
• Start Date: 01st Sep 2023 - 14:00 (UTC)
• End Date: 04th Sep 2023 - 14:00 (UTC)
• Platform: beagleswap.xyz/ido
Detailed information can be found : docs.beagleswap.xyz/begs-ido
🔸 Unique features of BeagleSwap's
• A simple and intuitive UI
• High-speed trading and negligible fees
• Ability to provide liquidity and swap any ERC20 token
• Liquidity Mining Incentives
🔸 BeagleSwap's Products
➛ Exchange
The exchange allows users to swap their tokens with a very easy-to-use interphase. The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in "Pools"
Liquidity providers get LP tokens, which can also be staked to earn $BEG in the "farms".
▪️ How to swap tokens on BeagleSwap
• Go to beagleswap.xyz/swap
• Unlock your Wallet.
• Select the tokens you would like to trade and enter the amounts.
• Check your details and click Swap
• You'll see a popup asking you to confirm details. Click Confirm Swap. You may need to click Approve first. (This is to approve Trisolaris to execute the trade for you.)
• Confirm the transaction in your wallet.
➛ Farms
Here, users can stake their LP tokens into the farm (Depending on the LP tokens they provided) to earn more yield which is rewarded in $BEG
▪️ How to earn BEG token rewards through yield farming
• Provide liquidity to a pair
• Go to the Farm page and select the Farm you entered in the pool, hit Deposit
• You will see the Farm statistics page. This contains the Farm details including Liquidity, Pool Weight & APR.
Enter the amount of LP tokens you wish to deposit, then hit Deposit
• Hit Approve, then confirm the transaction in your Wallet.
• After that, continue to hit Deposit, confirm the transaction in your Wallet again
• You are now earning $BEG rewards from the Farm!
How to Harvest Rewards + Unstake
• BEG rewards are updated every few seconds.
• To receive your BEG token rewards, select the Claim button.
• To Unstake your LP Tokens, select Withdraw.
➛ Staking
This is the simplest way to actually earn on BeagleSwap
Staking in Beagle Pools lets you earn BEG or other tokens while you sleep!
It's process is very much straightforward
For a detailed description, refer to: docs.beagleswap.xyz/product/staking
➛ Cross Chain
BeagleSwap has integrated the Squid cross-chain swap and liquidity routing protocol to enable our users to perform cross-chain swaps directly on docs.beagleswap.xyz/product/cross-chain
➛ Initial DEX Offering
This feature allows users to participate in IDOs of new tokens launching on Base
▪️ How to particapte in an IDO on BeagleSwap
• Waiting for the sale to start
• Enable raising token
• Commit raise token
• Claim your tokens
docs.beagleswap.xyz/product/initial-dex-offering
🔸 Beagle Tribe NFT
The Beagle Tribe is a collection of 10,000 unique, randomly generated NFTs representing the inhabitants of the sacred land of Basekonia.
🔸Tokenomics
• Name: Beagle Token
• Ticker: BEG
• Chain: Base Network
• Max supply: 10,000,000,000 BEG
• Contract: 0x9b7BE5ccb21Adfc3547bD99E1954043A74Ba3630
🔸Links
• Website:beagleswap.xyz/
• Discord: discord.com/invite/beagleswap
• Twitter: twitter.com/beagle_swap twitter.com/beagle_swap
• Telegram: t.me/beagle_swap
• Github: github.com/beagle-swap
• Docs: docs.beagleswap.xyz/