Question 1

What is Moonriver (MOVR)?

Accepted Answer

Moonriver (MOVR) is a smart contract platform that operates as a parachain on the Kusama network. It is designed to be compatible with Ethereum, offering a full Ethereum Virtual Machine (EVM) implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks. This compatibility allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes. Moonriver is intended as a companion network to Moonbeam, serving as a canary network where new code is deployed first for testing under real economic conditions before being shipped to Moonbeam on Polkadot​​​​.

Question 2

What is Moonriver (MOVR) used for?

Accepted Answer

The MOVR token, the native utility token of Moonriver, has several key functions:

Gas Metering: MOVR tokens are used for gas metering of smart contract execution.
Node Infrastructure Incentivization: The token incentivizes collators and supports the mechanics of creating a decentralized node infrastructure necessary for the platform's operation.
On-chain Governance: MOVR is used in the on-chain governance mechanism, which includes proposing referenda, electing council members, and voting.
Transaction Fees: It is used to pay for network transaction fees.
Moonriver's network and its tokenomics are designed to support these functions, ensuring the smooth operation and governance of the platform​​​​.

Question 3

Who created Moonriver (MOVR)?

Accepted Answer

Moonriver was created by the Moonbeam Foundation, a part of the larger Moonbeam Network, founded by Derek Yoo. The Foundation focuses on developing Moonriver as an Ethereum-compatible blockchain environment on the Kusama network. The network was launched in June 2021 and then went live in January 2022. It is developed and maintained as a community-led initiative, with the majority of MOVR tokens held by community members, giving them significant control over the network's direction​​​​.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	MOVR-USDT MOVRUSDT	binance	AA	1.20USDT	-2.28%	777,011.91MOVR	15,816	1.23USDT	1.25USDT
2	MOVR-TRY MOVRTRY	binance	AA	59.30TRY	-2.15%	367,779.20MOVR	1,202	60.60TRY	61.60TRY
3	MOVR-USDT MOVRUSDT	bybit	A	1.21USDT	-1.71%	96,938.36MOVR	1,227	1.23USDT	1.24USDT
4	MOVR-USD MOVRUSD	kraken	AA	1.20USD	-1.78%	41,207.78MOVR	203	1.22USD	1.25USD
5	MOVR-USDT MOVRUSDT_SPBL	bitget	BB	1.20USDT	-2.29%	19,879.44MOVR	587	1.23USDT	1.24USDT
6	MOVR-USDT MOVR_USDT	gateio	A	1.21USDT	-1.32%	19,112.40MOVR	196	1.22USDT	1.24USDT
7	MOVR-USDT MOVR-USDT	kucoin	BB	1.20USDT	-2.19%	19,081.19MOVR	2,233	1.23USDT	1.26USDT
8	MOVR-USD MOVR_USD	cryptodotcom	AA	1.20USD	-2.04%	17,920.65MOVR	294	1.23USD	1.25USD
9	MOVR-EUR MOVREUR	kraken	AA	1.06EUR	-2.74%	9,017.51MOVR	39	1.09EUR	1.10EUR
10	MOVR-USDT movr_usdt	lbank	C	1.20USDT	-2.04%	726,598.26MOVR	82,741	1.23USDT	1.24USDT
11	MOVR-USDT movrusdt	huobipro	C	1.21USDT	-1.67%	387,727.89MOVR	8,120	1.23USDT	1.24USDT
12	MOVR-EUR MOVR-EUR	bitvavo	B	1.07EUR	-2.19%	224,049.30MOVR	1,020	1.09EUR	1.11EUR
13	MOVR-USDT MOVRUSDT	mexc	C	1.20USDT	-1.51%	66,558.89MOVR	3,545	1.22USDT	1.25USDT
14	MOVR-USDT MOVR_USDT	bydfi	-	1.20USDT	-1.91%	54,624.23MOVR	2,989	1.22USDT	1.24USDT
15	MOVR-THB THB_MOVR	bitkub	C	40.57THB	-1.60%	12,644.36MOVR	64	41.23THB	41.86THB
16	MOVR-USDT MOVRUSDT	bitrue	D	1.20USDT	-2.20%	9,660.06MOVR	1,915	1.23USDT	1.24USDT
17	MOVR-EUR MOVREUR	bit2me	B	1.06EUR	-2.74%	9,017.51MOVR	39	1.09EUR	1.10EUR
18	MOVR-USDT movr_usdt	digifinex	D	1.20USDT	-2.13%	8,960.55MOVR	4,017	1.23USDT	1.24USDT
19	MOVR-INR MOVRINR	coindcx	-	122.00INR	-0.69%	3,975.04MOVR	186	122.85INR	125.99INR
20	MOVR-USDT MOVRUSDT	hitbtc	E	2.30USDT	0.00%	0MOVR	0	2.30USDT	2.30USDT
21	MOVR-INR MOVR_INR	unocoin	-	499.00INR	0.00%	0MOVR	0	499.00INR	499.00INR