Moonbeam (GLMR)

Moonbeam (GLMR) is a cross-chain connected smart contract platform that aims to expand to new chains. Powered by Moonbeam, an Ethereum-compatible smart contract parachain on Polkadot, Moonbeam provides the easiest path to multi-chain adoption. With minimal configuration changes, developers can seamlessly deploy their smart contracts on Moonbeam without the need to rewrite or reconfigure. Moonbeam supports familiar smart contract languages like Solidity and Vyper and anything that compiles to EVM bytecode. It also offers pre-built integrations for popular assets and infrastructure services, such as DOT, ERC-20s, Chainlink, and The Graph.

Moonbeam stands out as a fully Ethereum-compatible environment on Polkadot, offering a highly specialized Layer 1 chain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. In addition to the base Ethereum feature set, Moonbeam extends its functionality with on-chain governance, staking, and cross-chain integrations. Developers can easily redeploy their existing smart contracts to Moonbeam without refactoring or rewriting them. They can also interact with Moonbeam using their existing Ethereum accounts and keys, leveraging publish-subscribe capabilities and a complete set of Web3 RPC endpoints.

Glimmer (GLMR) is the utility token central to the Moonbeam network’s design. As a decentralized smart contract platform, Moonbeam relies on Glimmer for smart contract execution, transaction fees, staking, and governance. Glimmer is similar to ETH on Ethereum, functioning as the primary token for network operations. Teams and developers interested in building on or integrating with Moonbeam can take advantage of partnerships, grants, support, and other exclusive programs the Moonbeam ecosystem offers. Additionally, participants can earn protocol-level rewards by providing block production and supporting network liveness.