Moonbeam (GLMR) is a blockchain platform focused on interoperability, with the main goal of facilitating communication and cooperation between different blockchain networks. Here are the key facts about Moonbeam:
Token Information: Moonbeam's native token is Glimmer (GLMR). At the launch of the Moonbeam network, the total supply of Glimmer is 1 billion. A portion of the tokens are reserved for creating parachain channels on the Polkadot network. At the same time, Moonbeam has set a target annual inflation rate of 5% to meet the network's ongoing security needs.
Uses: Glimmer tokens have multiple uses on the Moonbeam platform, including gas metering, protocol security, network management, and network transactions.
Features: Moonbeam offers many advantages that its competitors do not have, including a large ecosystem, EVM compatibility, Web3 API, substrate compatibility, cross-chain integration, smart contract language, and developer-friendly migration path. Moonbeam's ecosystem has collaborated with more than 80 protocols and integrations, including APIs, bridges, oracles, DApps, DeFi, and more.
EVM Compatibility: Moonbeam is compatible with Solidity-based smart contracts running on the Ethereum Virtual Machine (EVM), which allows developers to easily migrate to the Moonbeam platform without having to massively modify their smart contracts.
Substrate Framework: Moonbeam is a blockchain built on the Substrate framework, which makes it easier to interoperate with the Polkadot network and other blockchains such as Ethereum and Bitcoin.
Fans Rewards:Recently, Moonbeam launched an exclusive NFT rewards program to reward early supporters of Moonbeam (GLMR), the Polkadot (DOT) smart contract environment.
Recently, the first batch of enthusiasts of Moonbeam (GLMR), a smart contract environment for Polkadot (DOT), can obtain their exclusive "I Delegate" NFT. The first batch of enthusiasts of Moonbeam (GLMR), a smart contract environment for Polkadot (DOT), can obtain their exclusive "I Delegate" NFT.
Binance launched the contract today, which is good news for it. It started to launch the contract two days after the surge. I think there is still room for growth in the future. There must be a lot of short sellers at present, but I personally am not optimistic about the profit of short sellers. Therefore, long orders have been arranged, with a small loss.
Summary: Moonbeam is a platform dedicated to improving interoperability between blockchains, with a strong ecosystem and compatibility with Ethereum, while also benefiting from a Substrate-based architecture. It has performed well in the market and has launched some attractive reward programs, attracting a lot of attention and investment.
