Moonbeam is a smart contract blockchain platform that connects the Ethereum environment with the Polkadot ecosystem. It is compatible with the Ethereum Virtual Machine, allowing developers to use familiar programming languages, tools and wallets and to migrate existing Ethereum applications more easily.

Moonbeam’s main goal is to support decentralized applications that can communicate with multiple blockchains. Developers can therefore build services that use assets, data and functionality from different networks without having to create a completely separate solution for each one.

Glimmer, identified by the ticker GLMR, is the native token of the Moonbeam network. It is used to pay transaction fees, execute smart contracts, support network security through staking and vote on the network’s future direction. GLMR is therefore a fundamental component of the operation and governance of the Moonbeam ecosystem.