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.
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.
Active participant in the Moonriver ecosystem.
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.
Stake your MOVR tokens in a few clicks by following these few steps:
The easiest way to stake MOVR is via MetaMask
The Moonriver network token, MOVR, is used for staking, and participation in on-chain governance.
Staking rewards and transfers will begin at the launch of the mainnet.
There is no unbonding period to unstake your MOVR.
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
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.
There are no slashing penalties, your potential rewards depend upon validator performance.
There is a 5% inflation rate on Moonriver, 2.5% of the inflation is distributed to stakers.
