Frequently Asked Questions

Moonbeam Tokens and Tokenomics

What is the Glimmer token and what is it used for?

Glimmer (GLMR) is the native platform token for Moonbeam. It is a utility token, serving the same purpose as ETH serves on Ethereum, plus added Polkadot functionality such as staking and on-chain governance functions. Read more about tokenomics here.

Where can I buy your token, Glimmer (GLMR)?

Find more information about where to obtain $GLMR tokens on CoinGecko or CoinMarketCap.

Is Glimmer an ERC-20 token?

The Glimmer token is not currently an ERC-20 token however, Moonbeam provides a pre-compile that allows developers to interact with the native protocol token through an ERC-20 interface

What is the Moonriver (MOVR) token?

Moonriver (MOVR) is the utility token of the Moonriver network, the permanently incentivized canary network to Moonbeam. New code ships to Moonriver first, where it is tested and verified under real economic conditions. Once proven, the same code is shipped to Moonbeam on Polkadot.