Today, we reveal $MOVE! $MOVE is the utility token of Movement. It will be used to achieve Movement Network Foundation's objectives. 60% of $MOVE will go toward community, across Ecosystem & Community, Foundation, and Initial Claims tranches. Now, let's explore $MOVE👇

50M $MOVE tokens will be transferred from the Movement Strategic Reserve to the Movement Network Ecosystem wallet. These tokens will be used for ecosystem incentives, grants, and liquidity initiatives. We are excited to continue support for builders and growth on Movement.

50M $MOVE have been transferred from the Move Strategic Reserve on Ethereum to Binance as part of a reserve migration. These tokens will subsequently be withdrawn from Binance to the Movement Network Strategic Reserve. The net effect on circulating supply: 0. Transfer transaction: etherscan.io/tx/0xbecd00f5cd…

We have transferred 65M $MOVE tokens from our Ethereum Strategic Reserve to our Movement Network Strategic Reserve. Additionally, we are sending 50M $MOVE from our Ethereum Strategic Reserve to Binance, then withdrawing it to our Movement Network Strategic Reserve. This replenishes exchange withdrawal capacity while migrating tokens to our native chain. Building The People's Chain with transparency.

Movement Network Foundation Update We want to provide transparency regarding tokens from our buyback wallet. It’s been 4 months since our buyback commitment has been fulfilled. We will begin to transfer some tokens from the $MOVE Strategic Reserve on Ethereum Mainnet to the $MOVE Strategic Reserve on the Movement Network to support ecosystem projects and incentives. Here’s the Movement Network Strategic Reserve address: 0xec8af8edebacc7c5e47be3db7dbeb30a70c5045742b3e14f99a8f68dcb1d3195 As a reminder here’s the Ethereum Strategic Reserve address: 0xA14C8e3eBb2Da43d027dC2c1b763387B9D59cACe Note: *We also periodically send ERC-20 $MOVE to exchanges in order to replenish and rebalance token supply to re-enable withdrawals. We are committed to building The People's Chain with visibility to our community.

The Movement Mainnet phase of MoveDrop is now live! If you opted to claim your $MOVE on Movement, you can claim on Movement Network now. Visit the Claims page to start: claims.movementnetwork.xyz/ So you now have $MOVE on Movement. What can you do? 1. DeFi Spring APYs (rewards) 👀 2. Parthenon 🏛️ 3. Movement NFTs 🖼️ 4. Use other Movement apps⚡ 1. DeFi Spring Movement DeFi Spring is a program awarding up to 250M $MOVE in incentives. How to begin? Bring $MOVE to any of the 10 participating apps 👇 x.com/movementfdn/status/191… 2. Parthenon Transact. Create. Start a journey, level up, and grab an NFT that evolves as you use Movement apps, and earn rewards. Parthenon is the ultimate way to experience Movement 💪 parthenon.movementlabs.xyz/ 3. NFTs Movement has some major collections cooking, including early launches like @arkaiworld, newer favorites like @Capygoio, and many other projects live or minting soon on @Tradeportxyz! Your brief starter guide 👇 x.com/movementlabsxyz/status… 4. Other Movement Apps Get ready for upcoming launches like @Coral_Finance, where you can trade premarket points from ecosystem apps. Earn some juicy yield on @canopyxyz. Create and monetize custom AI models with @CoScriptionAI. Or maybe you're feeling speculative? Go check out @brktgg and see what prediction markets they have 👀 Get started with our amazing ecosystem 👇 movementlabs.notion.site/1ae… We're thrilled to bring the Movement phase of Movedrop to the people, to to our amazing community, to you. Thank you for being part of this Movement. See you onchain 🫡