Moonbeam’s Improved StakeGLMR Platform and Community-Driven Treasury

Key Takeaways

1. Revamped StakeGLMR platform with new features and deeper data insight.
2. Moonbeam Treasury governed by the community, for the community.
3. Commitment to transparency through an open voting process and dedicated Forum.
4. Opportunities for Moonbeam community members to take an active role in product development and network governance.
5. Anyone can run for the Moonbeam Treasury Council twice a year during the election period.

Staking GLMR Has Never Been Easier

The first version of the dashboard was developed by our StakeBaby collator. It has been widely used in our community for over two years. After StakeBaby proposed to revamp the platform, he applied for funding by submitting a treasury proposal on our Forum.

By addressing the architecture and limited staking visibility, the updated StakeGLMR platform delivers exceptional usability and performance.

The updated StakeGLMR dashboardGo to page https://www.stakeglmr.com/ sets a new standard monitoring staking with:

• Advanced Interface: Identify and compare multiple collators to stake with.
• Enhanced Performance: Near real-time performance with reduced operational costs.
• Intuitive Design: Streamlined navigation for an effortless user experience.
• A resilient two-layer approach for API durability.
• Faster load times and improved expandability.

More Collator Metrics Means More Staking Insight

Staking on Moonbeam has never been easier. Once you’ve chosen your collator to delegate to, as long your collator is producing blocks and your staked amount of GLMR is enough to be in the top 300 delegators, then you’ll start earning rewards.

The new dashboard means you can compare the different statistics and characteristics of collators at a glance. You can quickly get an overview of important metrics such as estimated APR and their history of blocks produced.

There’s also the backing column, which shows both the total current backing stake and the projected backing stake for each collator.

Last but not least; the diversity metric. This refers to the variety of delegations from different accounts that a collator has.

For example, a score of 0 would mean that the entire backing of that particular collator derives from a single account. Whereas a higher score indicates that there is a larger number of individual delegators that make up that collator’s backing stake.

Features to Help You Make the Most of Your GLMR

In the 'My Staking Account' page, you can connect your account directly to StakeGLMR or paste your wallet address into the search bar.

This section presents a summary of all your staking activities including collators you have staked with, and a comparison graph of the estimated APR for your staking compared to the network average.

Thanks to the ‘My Activity’ tab you can also view the various reward payments received from staking. And with the ‘My Collators’ tab you can see a more detailed breakdown of the estimated APR specific to each collator, as well as staking rewards on a collator by collator basis.

AI-Enhanced Chat Support

Our 'Chat With Chain' feature includes a ChatGPT integration allowing you to ask questions about everything Moonbeam. You’ll receive detailed and comprehensive answers back, making it quick and easy to get support for specific questions and general troubleshooting.

Watch our full video tutorial below for an in-depth look at the new StakeGLMR dashboard.

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A Community-Driven Treasury Council

Moonbeam’s Treasury has been run for the community, by the community since its inception. Through our dedicated Forum, the council members maintain a robust community feedback loop that powers initiatives like the StakeGLMR upgrade.

StakeBaby’s detailed proposalGo to page https://forum.moonbeam.network/t/proposal-mb11-30-mr8-26-stakeglmr-com-and-stakemovr-com-v2-treasury-proposal/801, including key product features, costs and a roadmap for deliverables, was reviewed by the Treasury and wider Moonbeam community to integrate feedback before being unanimously approved by the Treasury Council.

The Moonbeam Treasury is specifically designed to support both the Moonbeam and Moonriver networks operations and community initiatives – empowering community members to take an active role in the development of the product suite and the overall direction of the ecosystems.

Shape the Future of the Moonbeam Ecosystem

Managed by a community-elected council, the treasury consists of both Moonbeam Foundation (x2) and elected non-Foundation members (x3). True to blockchain principles our election process is fully transparent. Read more about our Treasury Elections hereGo to page https://forum.moonbeam.network/t/treasury-elections-term-january-june-2025/1948.

The impact of community-driven initiatives is evident in the StakeGLMR platform’s transformation, demonstrating the power of collective contributions in enhancing infrastructure, user experience, and education.

The last treasury elections were held in December 2024 and the newly elected Treasury Council will serve for the period of January-June 2025. Council member responsibilities include:

• Overseeing effective and community-focused treasury fund allocation.
• Reviewing and voting on proposals, submitted by members and service providers.
• Openly communicating funding decisions and rationale via the Forum.
• Facilitating community-driven initiatives by serving as the multisig for token distribution processes.

We welcome everyone in the Moonbeam community to actively participate in the management of the Moonbeam Treasury by reviewing proposals, engaging in discussions on the public ForumGo to page https://forum.moonbeam.network/ and providing feedback for teams and individuals seeking funding for their projects.

Join us in shaping the future of the Moonbeam ecosystem!