Why Build on Movement?
Revolutionizing Liquid Staking and Governance: How Movernance Thrives on Movement's Cutting-Edge Ecosystem
Movernance, a liquid staking service on the Movement platform, aims to transform staking and governance in the blockchain ecosystem. By integrating liquid staking with token launchpads and governance protocols, Movernance unlocks new possibilities for developers, projects, and the community. Here’s why Movement is the ideal foundation for Movernance:
1. Community-Centric Ecosystem: Engagement and Empowerment
Growth of the Move Ecosystem: With Aptos and Sui gaining traction in Q3, the Move ecosystem is rapidly expanding. Movement, the only project within this ecosystem yet to issue tokens, is seeing significant activity and innovation on its testnet.
Diverse Application Development: Currently, 46 projects spanning DeFi, wallets, infrastructure, and NFTs have been deployed on Movement’s testnet, fostering an inclusive and dynamic environment for developers and users.
Hackathons Driving Creativity: The recent Battle of Olympus hackathon attracted over 2,100 submissions, with ten exceptional projects receiving funding. Events like these catalyze innovation and offer developers and teams a platform to showcase ideas while engaging the community.
2. High-Speed Move Language Enhancing User Experience
Performance and Scalability: Movement supports native parallel processing, achieving throughput of up to 140,000 transactions per second (TPS). Its advanced security measures safeguard against reentrancy attacks, ensuring a reliable network.
Move Language Advantages: Compared to Solidity, the Move language offers enhanced performance, robust security, and greater scalability, making it ideal for high-demand on-chain applications.
3. Seamless Integration of EVM and Move Ecosystems
Layer 2 Solution: Movement, built on the Move Stack Chains framework, serves as an Ethereum Layer 2 solution, offering fast-finality settlement and compatibility with optimistic and ZK-Rollup configurations.
Cross-Chain Collaboration: Movement facilitates seamless asset and data transfers across Move-compatible networks like Sui and Aptos, promoting ecosystem interoperability and strengthening community ties.
4. Empowering Community Through Liquid Staking
Stake $MOVE, Earn $GMOVE: Movernance enables users to stake MOVE tokens while receiving GMOVE tokens, representing liquid staked assets. These tokens can be traded, used as collateral in DeFi protocols, or deposited into staking pools, providing flexibility and rewards.
Project Launchpad Participation: GMOVE tokens serve as a gateway for users to join project launchpads, including token sales, IDOs, and staking derivatives. This creates opportunities to engage with emerging projects while earning returns and contributing to governance.
Conclusion
Movement’s emphasis on community engagement, high-speed performance, and robust security makes it the perfect platform for Movernance to innovate in liquid staking and governance. By leveraging the unique capabilities of the Movement ecosystem, Movernance aligns with the network’s vision of inclusivity and growth, enabling users to maximize rewards and actively participate in shaping the blockchain future.