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	0.8340USDT	2.96%	919,862.86MOVR	21,987	0.8100USDT	0.8380USDT
2	MOVR-TRY MOVRTRY	binance	AA	40.50TRY	3.32%	518,116.47MOVR	1,425	39.20TRY	40.60TRY
3	MOVR-EUR MOVREUR	kraken	AA	0.7255EUR	3.44%	51,587.89MOVR	111	0.7014EUR	0.7255EUR
4	MOVR-USD MOVRUSD	kraken	AA	0.8325USD	2.90%	35,888.86MOVR	186	0.8090USD	0.8325USD
5	MOVR-USDT MOVR_USDT	gateio	A	0.8352USDT	3.26%	31,537.50MOVR	347	0.8088USDT	0.8352USDT
6	MOVR-USDT MOVRUSDT_SPBL	bitget	BB	0.8340USDT	2.96%	31,014.00MOVR	743	0.8100USDT	0.8350USDT
7	MOVR-USDT MOVR-USDT	kucoin	BB	0.8325USDT	3.30%	27,787.59MOVR	773	0.8058USDT	0.8325USDT
8	MOVR-USDT MOVRUSDT	bybit	A	0.8360USDT	3.21%	16,462.65MOVR	320	0.8100USDT	0.8400USDT
9	MOVR-USD MOVR_USD	cryptodotcom	AA	0.8260USD	1.72%	4,286.74MOVR	43	0.8120USD	0.8260USD
10	MOVR-USDT movr_usdt	lbank	C	0.8350USDT	3.09%	1,013,434.83MOVR	83,069	0.8100USDT	0.8370USDT
11	MOVR-USDT movrusdt	huobipro	C	0.8288USDT	0.62%	424,922.12MOVR	6,014	0.8237USDT	0.8569USDT
12	MOVR-EUR MOVR-EUR	bitvavo	B	0.7214EUR	2.71%	163,857.71MOVR	442	0.7024EUR	0.7228EUR
13	MOVR-USDT MOVRUSDT	mexc	C	0.8351USDT	3.06%	95,474.98MOVR	3,213	0.8103USDT	0.8360USDT
14	MOVR-USDT MOVR_USDT	bydfi	-	0.8340USDT	2.96%	82,241.48MOVR	3,119	0.8100USDT	0.8360USDT
15	MOVR-EUR MOVREUR	bit2me	B	0.7208EUR	2.77%	51,537.38MOVR	110	0.7014EUR	0.7208EUR
16	MOVR-USDT MOVRUSDT	bitrue	D	0.8370USDT	3.33%	11,649.46MOVR	1,459	0.8100USDT	0.8370USDT
17	MOVR-USDT movr_usdt	digifinex	D	0.8348USDT	3.11%	10,613.80MOVR	2,765	0.8096USDT	0.8354USDT
18	MOVR-USDT MOVRUSDT	coinex	C	0.8309USDT	53.02%	4,190.90MOVR	1,757	0.5430USDT	0.8309USDT
19	MOVR-INR MOVRINR	coindcx	-	81.38INR	-1.69%	3,384.70MOVR	94	82.78INR	83.14INR
20	MOVR-THB THB_MOVR	bitkub	C	27.15THB	0.44%	1,654.51MOVR	16	27.03THB	27.15THB
21	MOVR-BTC MOVRBTC	coinex	C	0.0₄1018BTC	47.19%	460.14MOVR	1,697	0.0₅6920BTC	0.0₄1039BTC
22	MOVR-USDT MOVRUSDT	hitbtc	E	2.30USDT	0.00%	0MOVR	0	2.30USDT	2.30USDT
23	MOVR-INR MOVR_INR	unocoin	-	499.00INR	0.00%	0MOVR	0	499.00INR	499.00INR