Moonriver is a companion network to Moonbeam and provides an incentivized canary network. First, new code ships to Moonriver, where it can be tested and verified under real economic conditions. Once tested and ready, the same code ships to Moonbeam on Polkadot.


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Market Cap
Price
$44.6725
Rewards
At the end of every round (300 blocks), collators are rewarded for their work from 2 rounds ago
Slashing
No slashing
Inflation
5%, 2.5% goes to stakers as rewards
Unbonding
No unbonding period
Compounding
New delegation required

Optimizing Staking With Figment

Figment offers peace of mind to its customers and provides the most complete staking experience in the industry

EXPERIENCED & TRUSTED

Figment is a venture funded, registered Canadian company based in Toronto. Canada offers stability, rule of law and clear crypto regulation.

30+ years of experience successfully scaling internet infrastructure companies.

FEATURES & BENEFITS

Active participant in the Moonriver ecosystem.

SECURITY & SAFETY

The world’s most advanced physical IDC + multi-cloud staking infrastructure.

You maintain custody of your MOVR at all times.

Protected via industry-leading Staking & Delegation agreement.

Looking to stake MOVR?

Get in touch with our team to discuss Prime customers advantages and unlock the full Figment experience

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Staking Guide & Instructions

Stake your MOVR tokens in a few clicks by following these few steps:

The easiest way to stake MOVR is via MetaMask

  1. Head to https://apps.moonbeam.network/moonriver
  2. Approve your MetaMask wallet in the top right corner, switch to the Moonriver network
  3. Deposit over your MOVR tokens to your MetaMask wallet
  4. To nominate to a collator, press the “Manage nominations” button where you can choose a collator, and the amount you wish to nominate.
  5. Click “nominate” and then click “approve” to approve the transaction.

Figment's Validator Addresses

Need more detailed instructions?

See full guide

Moonriver FAQ

What is the name of the asset being staked?

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The Moonriver network token, MOVR, is used for staking, and participation in on-chain governance.

When are staking rewards enabled? When are transfers enabled?

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Staking rewards and transfers will begin at the launch of the mainnet.

How long does it take to unstake MOVR?

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There is no unbonding period to unstake your MOVR.

Do I maintain custody of my MOVR tokens? Who or what controls my staked MOVR token?

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You can self-custody your MOVR tokens, ideally using a MetaMask wallet.

Figment has partnerships with a number of top-in-class custodians: support@figment.io

Is staking income liquid or automatically staked?

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At the end of every round (300 blocks), collators are rewarded for their work from 2 rounds ago.

Staking income is not automatically compounded, a new delegation is required.

Can I lose potential staking rewards?

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There are no slashing penalties, your potential rewards depend upon validator performance.

What is the rate of new issuance (aka "annual inflation") for MOVR? How does the token supply change?

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There is a 5% inflation rate on Moonriver, 2.5% of the inflation is distributed to stakers.

Where can I learn more about Moonriver?

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