Moonriver is a blockchain that exists as a parachain on Kusama and also as a companion blockchain network to Moonbeam. It provides a testing ground for new code before it is launched on Moonbeam. Moonriver launched in June 2021.
Moonriver is a parachain that allows Solidity DApps to be deployed to the Kusama network with little to no modifications. It is fully compatible with Ethereum and works with industry-standard Ethereum tools, DApps, and protocols. Moonriver requires the MOVR token to function, which is used for gas metering, incentivizing participants, facilitating on-chain governance, and paying transaction fees. The majority of MOVR tokens are owned by the community members, giving them control over the network's direction.
MOVR's total supply: 10,000,000
MOVR's circulating supply: 6,926,462
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