
Moonriver MOVRPrice $ 5.19
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What is Moonriver (MOVR)?
The Utility Token of the Moonriver Network
The network’s Kusama deployment will be called Moonriver, and have its own utility token also called Moonriver (MOVR).
Supply and other token economic behaviors on Moonriver will be the same as Moonbeam, but token distribution will be different in order to support the unique goals and attributes of the network. Moonriver will serve as a “CanaryNet” for Moonbeam, but it will also be a community-led experiment where the community will decide the direction it takes. Among other things, Moonriver used a large parachain crowdloan to obtain its initial parachain slot on Kusama.
Initial Configurations
Moonriver is scheduled to follow a 5-phase launch process. Currently, Moonriver is in Phase 3 of the launch process and has the following configurations:
Runs as a parachain connected to the Kusama relay chain
Has an active set of 40 collators
There are two RPC endpoints (hosted by PureStake). People can run full nodes to access their own private RPC endpoints
Proof of Stake
Over the course of the 5-phase Moonriver launch, the network will progressively be updated to a fully decentralized Proof of Stake network. For a breakdown of what will occur during each phase, check out the Network Launch Status page.
In Phase 1, there was an initial collator election to fill the active collator set with parties outside of the Moonbeam team. The number of collators in the active set will be subject to governance. The active set will consist of the top collators by stake, including nominations.
Moonriver Price Today
Moonriver's current price is $ 5.19, it has dropped -1.94% over the past 24 hours.
Moonriver's All Time High (ATH) of $ 493.48 was reached on 11 Sep 2021, and is currently -98.9% down.
The current circulating supply of Moonriver is 9.53 Million coins, and the maximum supply of Moonriver is 10.86 Million.
Moonriver’s 24 hour trading volume is $ 2.11 Million.
Moonriver (MOVR) operates on its own blockchain.
Moonriver's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 49.50 Million.
You can find more details about Moonriver on its official website and on the block explorer.
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