🌙 Unlock the potential of decentralized applications with Moonbeam - the bridge to the future of smart contracts! 🚀
🚀 Let's dive into key features and potential of #Moonbeam in this captivating thread! 🧵👇
1️⃣ Introduction and Overview: Moonbeam revolutionizes smart contract platforms by offering seamless compatibility with Ethereum's developer toolchain and network. By simplifying multi-chain application development, Moonbeam empowers developers to effortlessly deploy Solidity smart contracts and DApp frontends with minimal modifications.
2️⃣ Technology and Features: Moonbeam's cutting-edge technology ensures compatibility with both Polkadot-based parachains and non-Polkadot chains like Ethereum. With an on-chain governance system and robust staking features, Moonbeam facilitates stake-weighted voting and rewards token holders while supporting cross-chain integrations effortlessly.
3️⃣ Whitepaper Analysis: Moonbeam's cross-chain integration is accomplished by becoming a parachain on the Polkadot network. The Polkadot network provides integration and connectivity between parachains that are connected to the network and to other non-Polkadot-based chains, such as Ethereum and Bitcoin, via bridges.
4️⃣ Use Case: The Glimmer (GLMR) token lies at the heart of Moonbeam's ecosystem, fueling gas metering, incentivizing collators, and facilitating on-chain governance. Vital for transaction fees and essential functionality, GLMR token's utility underscores its integral role within the platform.
5️⃣ Team and Leadership: Spearheaded by visionary founder Derek Yoo, Moonbeam boasts a talented team committed to realizing its ambitious vision. With a solid foundation laid by the team's expertise and dedication, Moonbeam continues to redefine the future of smart contract platforms.
6️⃣ Partnerships: Moonbeam's strategic partnerships and integrations underscore its real-world utility and potential. Collaborations with industry leaders in gaming, Real World Assets (RWA), and emerging markets propel Moonbeam toward widespread adoption and impact.
7️⃣ Security and Audits: Security remains paramount for Moonbeam, as evidenced by its rigorous audit process and transparent ecosystem. With critical vulnerabilities swiftly addressed, Moonbeam maintains a secure environment conducive to innovation and growth.
8️⃣ Tokenomics: With a genesis token supply of 1 billion GLMR tokens and an annual inflation rate of 5%, Moonbeam's tokenomics prioritize long-term sustainability and ecosystem development. Token distribution encompasses various allocations, ensuring a balanced and vibrant ecosystem.
9️⃣ Exchanges: GLMR tokens are readily available for trading on leading centralized crypto exchanges, including Binance, Bybit, OKX, Gate.io, KuCoin and BingX, facilitating seamless access and liquidity for users worldwide.
🔟 Conclusion: Moonbeam emerges as a formidable player in the smart contract platform arena, poised for exponential growth and impact. With a robust foundation, strategic partnerships, and unwavering commitment to innovation, Moonbeam paves the way for a decentralized future driven by smart contracts and blockchain technology.
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#Moonbeam #GLMR #Polkadot #Dot #bitcoin $GLMR $DOT $ETH

The GLMR Moonbeam token cryptocurrency market has experienced impressive growth. In just 24 hours, GLMR's value surged 56% to hit $0.2630, causing many eyes to turn to this token today.
What's behind this explosive growth? The answer lies in the recent decision of Upbit – a well-known cryptocurrency exchange in South Korea – to list GLMR on its platform. For many people, this is not just a list. Given South Korea's influence and presence in the global cryptocurrency space, this is a strategic move that could expand Moonbeam's reach.

Moonbeam, which is deeply rooted in the Polkadot ecosystem, is known for its dedication to improving the integration of decentralized applications (dApps). Over the years, the platform has forged strategic partnerships, helping it rise to prominence and compete on equal terms with giants like Astar Network. The hope now is that Upbit's latest listing will serve as a catalyst to further consolidate its presence in the crypto world.
It's worth noting that prior to the recent surge, GLMR had been experiencing bearish weeks, hovering below the $0.2 mark. Therefore, this progress not only excites Moonbeam fans and investors, but also makes up for some previous losses.
At the time this news was published, the price of GLMR was recorded at US$0.239130, up 41% in the last 24 hours.
*Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Moonbeam #GLMR $GLMR

The initial batch of parachain slot leases on Polkadot will end in October 2023, releasing previously-locked DOT Tokens to their owners. This occasion provides original contributors with newfound flexibility in their token utilization, and there is a lot to do with them!
The Polkadot community has been building since the original parachain slot auctions ended, adding many applications for Defi and more. XCM innovation has integrated a number of parachains to interoperate, and moving tokens has never been easier. This means #DOT holders have many new ways to use their dot across the ecosystem, including on Moonbeam applications.
Don’t forget, It’s crucial for individuals to conduct their own research and assess potential risks when engaging with the DApps mentioned in this post.
DOT on Moonbeam
Polkadot does not natively support the smart contracts required for applications to use the DOT token beyond network fees, native staking, crowdloans, and governance because it is designed primarily as a metaprotocol focused on securing and connecting the parachains. Parachains like Moonbeam support the DeFi applications that give token holders flexibility to use their DOT tokens in new ways. One way this cross-chain token use is made possible is with Polkadot’s cross-consensus messaging (XCM) functionality.
Moonbeam introduced the DOT token into its DeFi ecosystem through an XCM integration in 2022. Now operating as an XC-20, the xcDOT token aligns with the ERC-20 standards active on Moonbeam. This compatibility makes the DOT token available for use in all types of applications, including DeFi.
XC-20s represent cross-chain-ready assets available on Moonbeam and Moonriver comprised of Substrate-native assets like DOT and new assets originating from each parachain. These assets leverage precompiled smart contracts to harness the features of both the EVM and Substrate, effectively uniting these technologies within the Dotsama ecosystem.
In addition to the traditional utility options available on the Polkadot Relay Chain, such as staking, governance, and bonding for parachain crowdloans, this integration enables existing DOT holders to seamlessly deposit their tokens on Moonbeam via the DApp and actively engage in various activities like decentralized exchanges, liquid staking protocols, lending, and borrowing applications, marking the inaugural cross-chain capabilities rollout for all parachains with the advent of XCM on Polkadot.
More information about how to interact with cross chain assets on Moonbeam.
Where Can You Use Your Dot?
The following DApps currently support xcDOT on Moonbeam:
DEXes
Beamswap, is a Moonbeam-based DeFi hub providing liquidity for peer-to-peer transactions powered by standard, stable, & CL AMM. Beamswap is the only active perpetual exchange on Polkadot. On Beamswap holders can supply DOT tokens in combination with other cryptos as liquidity. Refer to Beamswap on X for more information.
Stellaswap is a decentralized exchange on Moonbeam with built-in bridging and user-focused liquidity services offering a range of DeFi options including DOT liquidity providing. Check out Stellaswap’s X for news and updates.
Gamma manages xcDOT liquidity pools. Refer to Gamma on X for details.
Liquid Staking
Bifrost is a Polkadot parachain that offers a liquid staking solution for xcDOT, and vDOT, the chains own derivative. You can transfer your DOT to Bifrost and stake it for vDOT, a yield-bearing DOT Derivative. Going even further, you can transfer your vDOT to Moonbeam where it can be put to work with DeFi protocols like StellaSwap. For more information about vDOT, check out Bifrost’s Medium Post on vDOT. Refer to Bifrost on X for news and updates.
Lending/Borrowing
Moonwell is the largest lending, borrowing protocol (by TVL) on Moonbeam and Moonriver. Moonwell offers an intuitive platform for managing digital assets. The application supports DOT in lending and borrowing. Refer to Moonwell on X for news and updates.
Prime Protocol is the first natively cross-chain prime brokerage that facilitates users in borrowing across blockchain networks while utilizing their complete cross-chain asset portfolio, promoting liquidity and versatility in decentralized finance. Prime offers DOT deposits on Moonbeam for cross-chain lending and borrowing. Find out more on Prime’s X.
What are Polkadot Parachain Slot Auctions and Crowdloans?
The crowdloan is an innovative funding mechanism crucial for projects within the Polkadot and Kusama ecosystems to secure the necessary tokens for acquiring a network slot. In this process, token holders contribute their tokens to support their preferred project’s bid for one of the auctioned slots.
When a project successfully secures a slot, the tokens contributed are locked for the lease period and later returned to the contributors upon its conclusion. Crowdloans are inherently reliant on active community engagement and support, playing a pivotal role in determining the victor in the competitive parachain slot auctions.
Moonbeam Crowdloan
The Moonbeam Network crowdloan was the biggest in history with over 1 billion USD in #DOT contributions (at the time of the crowdloan). Moonbeam continues to be the most active parachain. The Network began its 3-phase launch process to Polkadot on December 17, 2021, receiving 35,759,931 Total in DOT contributions. These tokens will now be returned to the more than 200,000 participants who supplied them through the Moonbeam Foundation DApp, Binance, Kraken, and other exchanges and parachains that supported the crowdloan.
Since its initial parachain slot win, Moonbeam secured the 44th slot as a renewal to ensure uninterrupted operation for Moonbeam throughout a full lease period, extending into June 2025. This subsequent slot was self-funded, so there was no need for additional crowdloans.
If you participated in the Moonbeam Crowdloan via the Moonbeam dApp, your GLMR crowdloan rewards have been unlocked linearly over the 48 week parachain lease – and you likely still have more GLMR to claim. See this guide for claiming your #GLMR crowdloan rewards. If you participated in the crowdloan via an exchange, the exchange will have more information about claiming your #GLMR crowdloan rewards and receiving your unlocked #DOT.
Please note that information related to claims, content, designs, algorithms, estimates and instructions in this blog post are provided for informational purposes only and nothing in this blog should constitute a solicitation for investment. Furthermore, certain information contained in this blog has been provided by third parties or otherwise reference third party products and services and is made available solely for general informational purposes and does not constitute an endorsement of any third party product or service.

As most cryptocurrencies work to begin the week on an outstanding bullish note, #GLMR , the native token of the Polkadot parachain Moonbeam protocol, is unquestionably driving the momentum among altcoins today. According to statistics from CoinMarketCap at the time of writing, the price of GLMR has increased by 50.2% in the last day and is currently trading at $0.2424 on spot trading platforms.

Even though the token rarely makes headlines for altcoins with such rapid growth, the announcement that it would be listed on Upbit exchange has sent bullish shockwaves across the ecosystem as a whole. With intentions to launch the $GLMR /BTC trading pair later today, the Upbit trading platform made the announcement earlier today. Upbit, a significant Korean trading platform, has long served as the focal point of growth for the majority of tokens globally. The listing of GLMR has had a significant impact on the industry as a whole because Korea is one of the most significant centres for the trading of digital currencies. The market is certainly buzzing with the potential of the listing.
The present upshot is a significant leap that has helped Moonbeam, whose price has been trading well below the $0.2 price level for weeks, pare off the majority of its losses over the past month.