Moonriver is an Ethereum-compatible, smart-contract parachain on Kusama. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonbeam on Polkadot.

It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks.

This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.

As a decentralized smart contract platform, Moonriver requires a utility token to function. MOVR is central to the design of Moonriver and cannot be removed without sacrificing essential functionality. The Moonriver token uses include:

• Supporting the gas metering of smart contract execution
• Incentivizing collators and powering the mechanics around the creation of a decentralized node infrastructure on which the platform can run
• Facilitating the on-chain governance mechanism, including proposing referenda, electing council members, voting, etc.
• Paying for network transaction fees

• There will be a total supply of 10 million MOVR tokens once the Moonriver Network launches with a yearly inflation rate of 5%.
• A more detailed summary of the allocation of River tokens can be found here: https://moonbeam.foundation/river-token/

The all-time high of MOVR was 495.71 USD on 2021-11-08, from which the coin is now down 97.23225272840975%. The all-time high price of Moonriver (MOVR) is 495.71. The current price of MOVR is down 97.23225272840975% from its all-time high.

As of , there is currently 9.36M MOVR in circulation. MOVR has a maximum supply of 0.

The current market cap of MOVR is 128.39M. It is calculated by multiplying the current supply of MOVR by its real-time market price of 13.72.

The all-time low of MOVR was 0 , from which the coin is now up 0%. The all-time low price of Moonriver (MOVR) is 0. The current price of MOVR is up 0% from its all-time low.

Moonriver (MOVR) has a market capitalization of $128.39M and is ranked #475 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Moonriver (MOVR) price trends and patterns to find the best time to purchase MOVR.