StellaSwap is one of the first DEXes with automated market-making (AMM) for the Moonbeam parachain network. StellaSwap's unique value proposition lies in commitment to building a strong foundation with native token STELLA as the governance token, diverse farms, an integrated bridge, and a user-oriented service.
StellaSwap Principles
The main goal of StellaSwap is to create a broader network effect to address liquidity issues in the DeFi space, not limited to a single solution as many DEXes currently do. This is reflected in the variety of StellaSwap products, which will be described in more detail. Company products are structured in a way to facilitate decentralized governance for STELLA holders, continuing innovative development on a collective basis by design.
The Moonbeam network was chosen because of its goal to become the largest parachain in the Polkadot network, after securing over 95 million DOT, valued at approximately $3.8 billion USD, in the first round of the parachain auctions Polkadot.
At its core, Moonbeam aims to solve the problems of inter-network interoperability, simplifying the deployment of decentralized applications on Polkadot. StellaSwap fully aligns with Polkadot's vision and the implementation strategy of the Moonbeam network, striving to expand the functionalities and capabilities of DeFi.
Transparency of the DEX Platform
In the spirit of true decentralization and unconditional fairness, Stella has decided to adopt a fair launch model for token distribution. The main goal of the fair launch, as the name suggests, is to distribute nearly all tokens among platform users. This contrasts with the often-used token distribution models such as:
These types of distributions allocate a significant portion of their tokens to early investors and institutional investors. Stella wants everyone to have access to tokens in a fair and transparent manner.
The native token of StellaSwap — STELLA — will be the governance token, incorporating various mechanisms for value accrual and utility to maximize value for token holders. The token distribution follows a model with a fixed supply and linear emission, combined with burning mechanisms or deflationary mechanisms to reduce the total supply.
| Parameter | Value |
|---|---|
| Token Name (Ticker) | STELLA |
| Maximum Issuance | 500,000,000 STELLA |
| Current Daily Emissions | 35,000 STELLA |
| Distribution Period | 3 years |
StellaSwap is the first and leading Moonbeam DEX that offers integrated access to the world of DeFi. Users can perform functions such as exchanging, earning, yield farming, transferring assets, exploring new projects, and participating in NFT trading, all from a single unified platform. StellaSwap products are structured in a way to facilitate decentralized governance for STELLA holders, continuing innovative development on a collective basis by design.