Movement (MOVE)

Tokenomics & Utility

Supply and Distribution

MOVE has a maximum supply of 10 billion tokens. The foundation’s original allocation assigned 40% to ecosystem and community programs, 10% to initial claims, and 10% to foundation operations. Early contributors received an allocation of 17.5%, while early backers were assigned 22.5%. The ecosystem allocation was designed to support work such as builder grants, staking rewards, and participation incentives. These percentages describe the launch distribution plan, rather than the balance of tokens held by each group today. (movementnetwork.xyz)

The foundation later reported repurchasing tokens equal to 4.2% of the total supply from an allocation previously held by investors. Token ownership can therefore change while the original maximum supply and launch plan remain useful for understanding how MOVE was introduced. (globenewswire.com)

What MOVE Is Used For

MOVE pays transaction fees on Movement. It is also the asset used in the network’s staking and delegation system, which rewards participation in validation. The network describes a role for MOVE in governance, allowing token holders to take part in decisions about protocol changes. Within applications, developers may use it for payments, collateral, or other services they build. Each use has a different purpose: fees pay for network activity, staking supports validation, and application uses depend on the services people choose to create. (docs.movementnetwork.xyz)