Movement Labs token
Overview
Movement Labs is a blockchain development company building a Layer 2 network that uses the Move programming language, originally developed for Facebook's Diem project. The MOVE token serves as the native asset for transaction fees, staking, and on-chain governance on the Movement Network.
Within the DeFi Intel graph, Movement Labs connects to 4 tracked entities, most strongly to Movement, Movement Labs, Movement.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Movement | 95% |
issued_by | Movement Labs | 95% |
supports_token | Movement | 85% |
deployed_on | Movement | 85% |
Frequently asked questions
What is Movement Labs?
Movement Labs is a blockchain development company building a Layer 2 network that uses the Move programming language, originally developed for Facebook's Diem project.
What is the MOVE token used for?
The MOVE token serves as the native asset for transaction fees, staking, and on-chain governance on the Movement Network.
Who issued the MOVE token?
The MOVE token was issued by Movement Labs.