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Volume(24h)
3.37M
Turnover rate
10.49%
Market Cap
32.0933M
FDV
37.9M
Circulating supply
10.33M
Total supply
12.21M
Max supply
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About Moonriver
What are the tokenomics of MOVR?
* There will be a total supply of 10 million MOVR tokens once the Moonriver Network launches with a yearly inflation rate of 5%. * A more detailed summary of the allocation of River tokens can be found here: https://moonbeam.foundation/river-token/
What is MOVR?
As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include: * Supporting the gas metering of smart contract execution * Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run * Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc. * Paying for network transaction fees
What Is Moonriver (MOVR)?
Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot. It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
Moonriver News
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A decentralized finance (DeFi) project and an Ethereum (ETH) layer-2 blockchain are both surging after abruptly gaining support from Coinbase.
Sep 27, 2024 at 06:01 am
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In a new thread on the social media platform X, top US-based crypto exchange platform Coinbase is announcing the addition of decentralized finance (DeFi)
Sep 07, 2024 at 02:41 am
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Airdrops are a popular marketing strategy in the crypto world, where projects distribute free tokens to their communities to encourage adoption and create buzz
Aug 22, 2024 at 07:02 am
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NASSAU, The Bahamas, Aug. 07, 2024 (GLOBE NEWSWIRE) - OKX, a leading crypto exchange and global Web3 technology company, has issued updates for August 8
Aug 08, 2024 at 12:01 pm
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The Shiba Inu (SHIB) and Terra Classic (LUNC) ecosystems have become known for their regular token burns, which aim to increase the value of these coins.
Jul 20, 2024 at 07:00 am
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Multichain, a cross-chain router, confirmed an exploit resulting in the theft of approximately $130 million in user tokens, prompting the team to suspend operations and advise users to revoke contract approvals. The breach involved significant amounts of USD coin, wrapped bitcoin, and wrapped ether, with impacted tokens spanning bridges on Fantom, Moonriver, and Dogechain networks. As a result, Multichain's MULTI token has experienced a decline of 13% over the past 24 hours.
May 02, 2024 at 12:04 pm
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