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Moonbeam Transfers GLMR Token to Base Following Polkadot Departure
Moonbeam is migrating its GLMR token from the Polkadot network to Base, an Ethereum Layer 2 solution developed by Coinbase. Token holders must bridge their GLMR tokens at a 1:1 ratio by July 31, as the parachain will cease operations. Following the migration, Moonbeam will focus on facilitating decentralized economic coordination among AI agents.