Novabeam is a DeFI protocol implementing a DEX, Farms and yield optimizers on Moonbeam

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.

A strategy to optimize the income generated by other DeFi protocols

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/

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Novabeam is a DeFI protocol implementing a DEX, Farms and yield optimizers on Moonbeam

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Novabeam.io

Novabeam.io

Novabeam is a DeFI protocol implementing a DEX, Farms and yield optimizers on Moonbeam

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