The Moonbeam Foundation is thrilled to share strategic insights for Moonriver's participation in the upcoming Kusama parachain auctions. This guide outlines key details, rewards, and contribution methods to empower community involvement.
Moonriver Crowdloan: Core Mechanics and Fair Participation
Moonriver's auction strategy prioritizes decentralization and community ownership. Here's what you need to know:
- Crowdloan Structure: 3 million MOVR tokens (30% of total supply) will reward contributors
Reward Distribution:
- 30% immediately claimable post-launch
- 70% vested weekly over 48 weeks
- Lease Period: Moonriver will bid for all 8 available 6-week lease periods
- Participation Channels: Official DApp and partner exchanges (to be announced)
👉 Discover how MOVR tokens fuel Moonriver's ecosystem
Why Moonriver Embodies Kusama's Spirit
As Kusama's experimental counterpart to Moonbeam, Moonriver embraces:
- Radical decentralization: No VC or team allocations - tokens flow directly to community
- Developer freedom: Early access to cutting-edge Polkadot ecosystem features
- Community governance: Network evolution driven by participant votes
Contribution Methods Explained
Via Moonriver Crowdloan DApp
- Secure transferable KSM (7-day unbonding period applies)
- Prepare Moonriver/Ethereum-compatible wallet
- Authenticate through official Moonbeam Foundation portal
- Lock KSM using verified campaign index
Watch for scams - never send KSM to individual addresses
Through Exchange Partners
- Simplified contribution process
- Tutorials coming with partner announcements
- Same reward structure as DApp participants
👉 Learn about Kusama's unique auction model
MOVR Token Economics
| Allocation | Amount | Percentage | Purpose |
|---|---|---|---|
| Crowdloan Rewards | 3,000,000 | 30% | Immediate community distribution |
| Future Parachain Slots | 4,000,000 | 40% | Sustainable network growth |
| Treasury & Bonds | 100,000 | 1% | On-chain governance funds |
| Ecosystem Development | 2,900,000 | 29% | Grants and adoption programs |
Rewards calculate proportionally:
(Your KSM Contribution / Total Crowdloan KSM) × 3,000,000 MOVRMoonriver Deployment Phases
| Phase | Collators | Features Enabled |
|---|---|---|
| 0 | 8 | Base network |
| 1 | 32 | Decentralized validation |
| 2 | 32 | Governance |
| 3 | 32 | Sudo removal |
| 4 | 32 | Full functionality |
FAQ: Moonriver Crowdloan Essentials
Q: When can I claim rewards?
A: 30% immediately after Phase 4 launch, remainder vested weekly.
Q: Is there a minimum contribution?
A: No - participate with any amount of KSM.
Q: How long are funds locked?
A: 48 weeks if successful, refundable immediately if unsuccessful.
Q: Can I increase my contribution later?
A: Yes - additional KSM can be added during the campaign.
Q: Where do rewards distribute?
A: To your Moonriver-compatible wallet address.
Q: How does vesting work?
A: Claim anytime - the system automatically calculates your accrued amount.
The Moonbeam Foundation remains committed to transparency throughout this process. Stay tuned for official channel updates as Kusama's auction timeline becomes clear.