Novabeam is a DeFI protocol implementing a DEX, Farms and yield optimizers on Moonbeam
Introduction
Novabeam is a DeFI protocol implementing a DEX, Farms and yield optimizers on Moonbeam. We help people to grow their capital safely without loss of tokens and in an optimized way.
Novabeam uses multiples DeFi protocol in Moonbeam to work and gain optimized earns.
Exchange
Novabeam has an automated market-making (AMM), decentralized exchange (DEX) for the Moonbeam parachain network.
We encourage people to add liquidity on our exchange with nova tokens in the farms section
What is a yield optimizer?
A Yield Optimizer is an innovative DeFi concept in which users stake or lend their crypto assets to receive optimized returns.
The following example explains how a strategy can optimize the returns of another DeFi protocol by using automatic token composition to generate compound interest.
Yield optimizers in Novabeam
We will add approximately 28 yield optimizers from different exchanges like Stellaswap, Solarflare and Beamswap.
Each yield optimizer make an auto-componding of tokens and you can earn NOVA tokens by placing your liquidity from other exchanges
Later we will add more of other protocols.
Tokenomics
The Novabeam governance token will be called “NOVA”. This token will serve to vote on the governance proposals. All performance optimizers make a Buyback of the earnings and therefore the price of Nova will increase.
The distribution of the tokens can be seen in the following image:
Revenues
Exchange:
- 0.20% to LP Holders
- 0.05% to Treasury and Team
Option 1:
- 3% buyback.
- 0.1% on deposits in vaults;
- 0.1% on withdrawal in vaults before 3 days
- 1.5% of profits generated will go to the novabeam treasury
Option 2: (Only for WGLMR)
- 3% buyback.
- 5% on deposits in vaults;
- 5% on withdrawal in vaults before 7 days
- 1.5% of profits generated will go to the novabeam treasury
Emissions
Emissions: 0.01 Nova per sec (864 NOVAs Day)
Initial liquidity: 20,000 Novas and 20 GLMR at a price of 0.01–0.007$ per Token.
We will add the liquidity and in a couple of hours the farming will be activated
We will be studying the price of NOVA and see if we can lower the emissions more and more.
Contact
Email: novabeamapp@gmail.com
You can ask us on twitter:
Twitter: https://twitter.com/Novabeamio
Or telegram…
Telegram: t.me/Novabeam
Web: https://novabeam.io/
