Source: MOVRUSD Chart by TradingView
Moonriver is a smart-contract parachain on Kusama that provides compatibility with the existing Ethereum developer toolchain and network. 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.
Moonriver be a part of 1.1M unlocked KSM in May as leasing period comes to an end
Once the funds unlock, KSM holders that participated in the Moonriver crowdloan will have multiple options.
Footprint Analytics: Guide to Moonriver (MOVR)
Moonriver is the canary network of Moonbeam developed by the PureStake team.
Here’s why the demand for Moonriver (MOVR) could rise as Chainlink integration begins
The native integration with Chainlink oracle services enables EVM developers in the Kusama ecosystem to use external data resources and off-chain computations for building DeFi applications.
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