BTSE is pleased to bring Moonbeam (GLMR) onto its platform, growing the selection of quality digital assets available to its users:
GLMR is native to Moonbeam. Moonbeam is a smart contract platform for cross-chain connected applications that unites functionality from Ethereum, Cosmos, Polkadot — and beyond.
The native token, GLMR, has several utilities:
- Smart contract execution: GLMR facilitates all smart contract execution on the network by supporting gas metering, similar to what ETH does on Ethereum.
- Transaction fees: GLMR can be used to pay transaction fees to access and support platform operations.
- Staking: GLMR incentivizes validators who run the system’s nodes for supporting liveliness and maintaining security on the network.
- Governance: Token holders can participate in the governance of the network by on-chain voting on various proposals.
GLMR currently has a circulating supply of around 359 million tokens out of 1.03 billion, trading at $0.60 as of August 25, 2022.
Trade GLMR here.
Deposit GLMR here
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Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.