Are you still bullish on the Moonbeam project, the first parachain on Polkadot (launched in January 2022), which offers a fully EVM-compatible environment?
1. Key Advantages:
👍 Best Ethereum compatibility within the Polkadot ecosystem (supports EIP-7702, familiar tooling).
👍 Acts as a liquidity gateway between Polkadot and other ecosystems.
👍 Strong focus on Gaming and RWA (Real World Assets).
👍 Disciplined execution team, frequent upgrades.
2. Drawbacks:
👉 Low TVL and DeFi activity (the Polkadot parachain system is generally weak).
👉 Fierce competition from Ethereum L2s (Base, Arbitrum...) and other EVM chains.
👉 Adoption hasn't exploded as initially expected.
3. For the price to recover strongly at $GLMR , we need:
Successful Elastic Scaling + a gaming boom.
A return of the bull market.
A new narrative in the Polkadot ecosystem.
4. So I've pulled all my tokens $GLMR and staked them on the project's website. Hoping for a long-term play, guys!
1. Key Advantages:
👍 Best Ethereum compatibility within the Polkadot ecosystem (supports EIP-7702, familiar tooling).
👍 Acts as a liquidity gateway between Polkadot and other ecosystems.
👍 Strong focus on Gaming and RWA (Real World Assets).
👍 Disciplined execution team, frequent upgrades.
2. Drawbacks:
👉 Low TVL and DeFi activity (the Polkadot parachain system is generally weak).
👉 Fierce competition from Ethereum L2s (Base, Arbitrum...) and other EVM chains.
👉 Adoption hasn't exploded as initially expected.
3. For the price to recover strongly at $GLMR , we need:
Successful Elastic Scaling + a gaming boom.
A return of the bull market.
A new narrative in the Polkadot ecosystem.
4. So I've pulled all my tokens $GLMR and staked them on the project's website. Hoping for a long-term play, guys!