About Moonbeam

Moonbeam is primarily deployed on the Polkadot network, utilizing its native token called Glimmer (GLMR). As the Moonbeam platform is still under development, the details provided here may evolve before its official launch. Glimmer serves as the essential utility token for Moonbeam’s decentralized smart contract ecosystem, fulfilling multiple critical functions: - Covering gas fees for executing smart contracts - Incentivizing collators and supporting decentralized node infrastructure - Enabling on-chain governance, including proposing referenda, electing council members, and voting - Paying transaction fees on the network Regarding its inflation and fee model, Moonbeam aims for a 5% annual inflation rate with an uncapped supply. The inflation budget helps sustain network security by fun...