Moonbeam

Moonbeam is an Ethereum-compatible smart contract parachain on the Polkadot network. It aims to make it easy for Ethereum developers to use familiar tools and deploy their existing Solidity-based projects on the Polkadot ecosystem. Moonbeam provides a highly specialized environment that closely mirrors Ethereum's Web3 RPC, accounts, keys, subscriptions, and logs. This allows developers to seamlessly port their Ethereum dApps to Moonbeam with minimal changes. Additionally, Moonbeam extends the Ethereum feature set with features like on-chain governance, staking, and cross-chain integrations. One of Moonbeam's key selling points is its unmatched Ethereum compatibility. Developers can use their existing Solidity smart contracts, developer tools like MetaMask, Hardhat, and Truffle, as well as popular JavaScript libraries like Web3.js and Ethers.js, to build and deploy on Moonbeam. This allows them to leverage their existing knowledge and skills, while also tapping into the benefits of the Polkadot ecosystem. The Moonbeam network is secured through a decentralized governance model, where GLMR token holders can propose referenda, vote, and elect council members. Moonbeam also benefits from the scalability and security of Polkadot's sharded design and shared security. The native token of Moonbeam is called Glimmer (GLMR). A total of 1 billion GLMR tokens will be issued, with an annual inflation rate of 5%. The token distribution includes 10% issued during a community event, and the rest reserved for future distribution through various mechanisms.