understand there's no Max supply, but what's the token unlock schedule like ?
How many MOVR are being released per year ?
there is no any vesting in Moonriver. by opening tokenomics, you can see the following allocations: 1. Community Initiatives 2. Parachain Bond Reserve 3. Treasury 4. Long-Term Network Stewardship & Adoption 5. Developer Adoption Program tokens for these allocations are distributed gradually as needed. since there is no vesting, we cannot say exactly how many tokens will be distributed over the year. all these tokens are designed for the long-term operation of the network. for more information, you can follow the tokenomics here: https://moonbeam.foundation/moonriver-token/
target inflation is around 5%, resulting in approximately +- 500k tokens being added to the circulating supply due to inflation
Is that per year ? For ever ?
that’s right, but Moonriver network parameters can be modified through on-chain governance, which implies that they may be subject to change in the future through community proposals and voting
Ok. Thank you for your help 🙏
So, in MOVR'S case what's the difference between total and max supply, if regardless of the total supply 5% will be added to the circulating supply every single year ? In other words, does the total supply matter ?
Total supply refers to the number of tokens that currently exist, while max supply is the maximum number of tokens that can ever exist. The total supply can matter in terms of understanding the current distribution of tokens and the potential for inflation or deflation of the token's value.
the total supply represents the amount of tokens minted. however, it's important to note that not all of these tokens may have been circulated yet
I'm confused, I believe inflation gotta do with the 5% added to the circulating supply every year, nothing to do with the total supply, am I wrong ?
The annual inflation rate of 5% on Moonriver refers to the increase in the circulating supply of tokens each year, not the total supply. This inflation is distributed as follows: 50% goes to the rewards pool for collators and delegators 20% is the collator commission 30% goes to the parachain bond reserve From the rewards pool, collators receive rewards corresponding to their stake in the network, and the rest are distributed among delegators by stake.
Is there a Dex where I can buy MOVR native token ?
You can buy MOVR on dexes deployed on Moonriver: https://moonbeam.network/networks/moonriver/defi/#dexes Also you can buy GLMR & MOVR with a credit card directly at transak: https://global.transak.com
What the best option to stake can MOVR native token ?
If you're interested in staking and want to learn more, we have compiled some useful resources for you: 1️⃣ Staking on the official Moonbeam dApp: • Stake GLMR: https://apps.moonbeam.network/moonbeam/staking • Stake MOVR: https://apps.moonbeam.network/moonriver/staking 2️⃣ Step-by-step guides: • Stake GLMR guide: https://moonbeam.network/tutorial/stake-glmr/ • Stake MOVR guide: https://moonbeam.network/tutorial/stake-movr/ 3️⃣ Tutorial on choosing a collator: • Choosing a collator on Moonbeam and Moonriver: https://moonbeam.network/tutorial/choose-a-collator-on-moonbeam-and-moonriver/ 4️⃣ Check the current staking data: • Stake GLMR: https://stakeglmr.com • Stake MOVR: https://stakemovr.com These resources will provide you with everything you need to know about staking GLMR and MOVR tokens. If you have any questions or need assistance, feel free to reach out to us!
I'm very cautious when it comes to open links, is this one safe to open ?
Here is the link from the official site https://moonbeam.network/networks/moonriver/defi/#dexes
Can I stake MOVR regardless of the network I hold it on ? And if so, what's the best network to hold it on ?
No. It depends on the place and chain you choose. For example, if you stake MOVR in Moonbeam dApp, you need the tokens in Moonriver network.
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