Moonbeam launched as a parachain on the Polkadot network in December 2021 after the network completed a crowdloan campaign, which received over 35M DOT (~$1.4 billion USD) from over 200,000 supporters around the globe.
Moonbeam is an Ethereum-compatible smart contract platform that makes it easy to build natively interoperable applications. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonbeam with minimal changes. Moonbeam benefits from the shared security of the Polkadot relay chain and integrations with other chains that are connected to Polkadot.
Moonbeam depends on its native utility token, Glimmer (GLMR), for its operations. The token is essential to the parachain’s design as it powers the smart contracts, facilitates the security of the network, and enables DApp performance.
Min. Delegation: 50 GLMR