Moonriver

 Moonriver (MOVR) is an Ethereum-compatible smart contract parachain operating within the Kusama ecosystem. Serving as a companion network to Moonbeam, it functions as a permanently incentivized canary network. Moonriver plays a crucial role as the testing ground for new code before deployment to Moonbeam on Polkadot, ensuring thorough testing and verification under genuine economic conditions.


At its core, Moonriver provides a complete EVM implementation, a Web3-compatible API, and bridges connecting it to existing Ethereum networks. This seamless integration enables developers to deploy Solidity smart contracts and DApp frontends to Moonriver with minimal adjustments.


MOVR serves as the utility token driving the functionalities of the decentralized smart contract platform. Its indispensable roles include:


Supporting gas metering for smart contract execution.

Incentivizing collators and facilitating the creation of a decentralized node infrastructure.

Enabling on-chain governance mechanisms, including proposing referenda, electing council members, and voting.

Covering network transaction fees.

Regarding tokenomics, Moonriver will have a total supply of 10 million MOVR tokens upon the network's launch, with a yearly inflation rate set at 5%. A detailed breakdown of the token allocation can be found at https://moonbeam.foundation/river-token/.


Moonriver boasts a wide array of tools and integrations, including Ethereum developer tools like Metamask, Remix IDE, web3.js, Ethers.js, and Truffle. It also supports various Oracle integrations such as Chainlink, Band Protocol, Razor, and DIA Protocol. Additionally, it offers API & Infrastructure integrations with Onfinality and Covalent, and supports multiple wallets including Mathwallet, Polkadot.js, Metamask, and AirGap.


Furthermore, Moonriver has established partnerships with other Polkadot chains such as Acala, Polkadot’s relay chain, Equilibrium, Kilt, Phala, and Crust. It also features bridges like Chainbridge, Ren, Interlay, Snowfork, and Axelar, along with block explorers such as Subscan, Polkadot.js, and Blockscout.


In terms of DeFi protocols, Moonriver supports platforms like Balancer, SushiSwap, Offshift, IDEX, Linear Finance, and Injective Protocol. It also collaborates with assets and issuance partners including Ocean Protocol, AllianceBlock, AMPnet, Poolz, Polkastarter, and Kilt, while hosting DApps such as Human Protocol, Polkacover, and BePro.

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