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MoonbeamNetwork shared: Moonbeam is LIVE on Polkadot! We are excited to announce that Moonbeam is the first fully operational para chain on Polkadot. Moonbeam will bring many new integrations, activity & users to light up Polkadot’s ecosystem. MoonbeamLightsUp.
Moonbeam has completed its launch process to Polkadot. During the last launch phase, the superuser key (Sudo) was removed, EVM & balance transfers were enabled, and the active set of collators was increased to 48.
Now, GLMR token holders can stake with collators, claim crowd loan rewards, and serve as active network members by participating in the on-chain governance system!
Moonbeam’s successful launch follows a broadly supported crowd loan campaign hosted by the Moonbeam Foundation! 35M+ DOT tokens (~944M USD at the time the crowd loan ended) were contributed from 200k contributors worldwide.
Moonbeam crowd loan rewards distribution: 30% of rewards were distributed immediately after full launch. 70% of rewards are being linearly vested over a 96-week para chain lease period that started on Dec-17, 2021.
GLMR rewards for Taking Flight participants will be distributed 40 days after Moonbeam’s full launch on Polkadot (~February 20, 2022).
HUGE thanks to our fantastic community, ambassadors, ecosystem partners, Polkadot, ParityTech, and Web3Foundation for your incredible support and for making the Moonbeam launch possible!
ParallelFi is a huge scam, they offer polka crowd loan, but don’t issue GLMR and delay the token for a week with just an announcement, and no one responds to questions about where the tokens are now.
Anyone else having issues staking GLMR? I’ve tried multiple different collators with no success. I have 7 failed attempts now. MoonbeamNetwork any help??
I have staked my polka Dot on the moonbeam network for the contribution to winning perachain slot so how much return I will get after 2 years.
Congrats! 1 question? What about people who contributed via various exchanges, i.e Binance? When are the rewards distributed on the exchanges? Thank you.
You can check on Binance Auction. They will distribute the reward in Feb.
Why does Binance need to be distributing reward in Feb? So strange.
Hey circulating supply is very low? Total as you said is 1 billion.
Your CEX launch was awful. OKEx traded first, every other CEX postponed. Price shot to 550$ due to low liquidity and supply. People got destroyed. Glad I didn’t buy in. and yeah your crowd loan people will get their share when it’s almost worthless.
It’s people’s responsibility to do their research. A price above $500 would’ve meant a market cap of $40 billion. Something was wrong.
You raised the project to $700m but the investors went bankrupt. People are a little uncomfortable with this situation. Investors will be saved by buying GLMR tokens with their own money.
A disappointment not only did Exchanges mess up, the listings, some of them were either late. The others holding coins hostages and yourselves did provide the coins to contributors fast enough! Today was a slap in the face to your supporters! Terrible indeed.
All GLMR investors were devastated, they all went bankrupt. Will there be any intervention regarding this situation? Will the price always drop?
Very good project. Looking so sustainable. Hope it will go a long way in the future. Happy and glad to be part of this Great project!
Even though a token is listed on the largest exchanges in the world, its investor is making huge losses. I don’t understand what kind of scam method is this.
So awesome this project is up! What’s the best way to find out what the gas fees should be? Had a claim rewards transaction pending for an hour and I can only assume I need more gas.
