Beam

BEAM

BEAM is the utility token for the Beam network used for gas, securing validators, and governance.

Risk Rating
Best
$0.03
6.96%
What is Beam?
What we like
BEAM token offers a robust utility within the Beam network, facilitating seamless interactions and governance in a dedicated gaming blockchain ecosystem.
What we like less
The Proof of Authority (PoA) consensus mechanism, while enhancing scalability and security, may limit decentralization and exclude potential validators not approved by the Merit Circle DAO.
What it means for you
Users benefit from a secure and scalable gaming-focused blockchain that leverages Avalanche’s infrastructure while maintaining EVM compatibility for broad DeFi integration.

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Information
Blockchain
  • Ethereum
Key Metrics
  • Market Cap: $1.6B
  • Fully Diluted Valluation: $1.8B
  • FDV / MC: 1.2
  • Ranking inside Exponential (excluding stables): #19
  • Circulating Supply: 52,561,007,898
  • Total Supply: 61,148,853,857
  • Total Supply: 61,148,853,857
  • Volume (24H): $183.8M
  • ATH: $0.04 (03/10/2024)
  • ATL: $0.00 (10/29/2023)
Risk Assessment
Best
Asset Strength

BEAM is a mid-cap asset that represents the protocol's native governance or utility token.

Dependencies

Beam has no dependencies.

Asset Tokenomics

BEAM has a fixed supply. BEAM is the utility token for the BEAM ecosystem used for gas and validation on the Beam network, and governance.

Things to know about BEAM

What is the Beam network?

Beam is a community-driven gaming blockchain operating as an Avalanche subnet, combining the scalability, speed, and security of Avalanche with a specific focus on gaming applications. It utilizes a reputation-based consensus method known as Proof of Authority (PoA), enhanced with the Snowman protocol, where a selected group of reputable authorities validate transactions. This setup ensures high scalability and security, making Beam a powerful platform for both gamers and developers to innovate and collaborate within the gaming industry.

What utility does BEAM token have?

The BEAM token serves as the native currency of the Beam network, essential for conducting transactions and interacting with smart contracts. It functions as a Layer-1 token, validating and securing the network, and acts as the fuel for blockchain gaming activities. Additionally, BEAM is integral to governance, allowing token holders to participate in decision-making processes that shape the future of the Beam ecosystem. This includes voting on protocol upgrades, managing the DAO treasury, and coordinating incentivization strategies within the Merit Circle community.

What are BEAM tokenomics?

BEAM tokenomics are designed to support the growth and sustainability of the Beam network. The total supply of BEAM tokens was initially set with a migration from the Merit Circle token ($MC) at a 1:100 conversion ratio. The distribution includes allocations for seed sales, public sales, community incentives, team and advisors, DAO treasury, staking rewards, and retroactive rewards. Over time, adjustments have been made to ensure vesting schedules for core contributors and the burning of a significant portion of community incentives to manage supply effectively. Current distribution emphasizes a majority of tokens in circulation, with a controlled portion allocated to vesting streams and core contributors to maintain network security and incentivize ongoing development.

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BEAM Pools
Uniswap BEAM-ETH Market Making
18%
Yield
$18M
TVL
Risk
A
Protocol
Uniswap V2
Chain
Ethereum

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