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Market

Moonbeam is expected to be fully released on Polkadot on January 11, 2022

January 7, 2022 - Around 1 mins mins to read

Moonbeam’s full launch on Polkadot is expected to be completed on January 11, 2022 after the end of Phase 2.

Moonbeam is expected to be fully released on Polkadot on January 11, 2022

Full start on Polkadot Moonbeam

During this phase sudo (superuser key) is removed. EVM and balance conversion are also activated.

In detail there will be the following activities:

  • The sudo is removed and control of the network is transferred to the token holder.
  • Balance transfer and EVM are activated. This means that users will be able to set and receive rewards. When remittance is enabled, the chain of token holders is managed using an on-chain governance system.

Important NOTE:

  • Crowdloan participants will receive initial rewards as soon as the network has fully started. Details on the distribution of rewards will be announced shortly.
    – Take Flight participants will receive their GLMR tokens for 40 days after the completion of the full introductory phase.

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expected

fully

January

moonbeam

Polkadot

released

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Author

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.
Market

Moonbeam is expected to be fully released on Polkadot on January 11, 2022

Moonbeam’s full launch on Polkadot is expected to be completed on January 11, 2022 after the end of Phase 2.

Moonbeam is expected to be fully released on Polkadot on January 11, 2022

Full start on Polkadot Moonbeam

During this phase sudo (superuser key) is removed. EVM and balance conversion are also activated.

In detail there will be the following activities:

  • The sudo is removed and control of the network is transferred to the token holder.
  • Balance transfer and EVM are activated. This means that users will be able to set and receive rewards. When remittance is enabled, the chain of token holders is managed using an on-chain governance system.

Important NOTE:

  • Crowdloan participants will receive initial rewards as soon as the network has fully started. Details on the distribution of rewards will be announced shortly.
    – Take Flight participants will receive their GLMR tokens for 40 days after the completion of the full introductory phase.

Join Bitcoin Magazine Telegram to keep track of news and comment on this article: https://t.me/coincunews

Follow the Youtube Channel | Subscribe to telegram channel | Follow Facebook page

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