Moonbeam FAQ

What is Moonbeam's inflation rate?

Moonbeam's inflation rate is planned at 5% per annum.

What is the minimum GLMR to stake?

The minimum amount required to delegate on Moonbeam is 50 GLMR. However, it is always advised to leave at least 1 GLMR in your account to cover any future transaction fees, such as unstaking.

What are the risks associated with staking?

There is currently no slashing on Moonriver or Moonbeam. If a collator does not perform as expected, they will simply not receive rewards.

The Moonbeam team is working on a staking dashboard that will allow nominators to view collator performance. If a collator fails to produce blocks, nominators will be able to see that poor performance and can stop nominating their stake to poorly performing collators.

How does Coinbase's service fee work?

The service fee on Moonbeam is set by the protocol, and not by Coinbase. This is a 20% service fee on all rewards earned by tokens delegated to any Moonbeam validator. The service fee is paid to Coinbase automatically by the protocol.