Moonbeam's standard GLMR migration window closed last night at 23:59 UTC (July 31), as its Polkadot network moved into an operational wind-down ahead of a relaunch on Base.The cutoff ended the standard route for self-custodied free balances, while exchange holdings, frozen balances, and protocol positions remained subject to separate handling.The official migration locked GLMR on Moonbeam and released the same amount from a reserve minted in advance on Base, sending tokens to the same user address at a 1:1 rate.At 20:20 UTC on July 31, less than four hours before the cutoff, the migration contract held about 308.183 million GLMR. Total issuance was about 1.241 billion GLMR, putting direct-bridge uptake at 24.83% at that timestamp.The remaining 75.17% covers a mix of free holdings, exchange custody, staking, treasury, and other balance categories. Exchange processing and snapshot-covered locked balances followed separate routes, so the contract ratio cannot measure stranded or at-risk supply.How the cutoff affected GLMR holdersBefore the deadline, Moonbeam told users to withdraw funds from liquidity pools, lending markets, staking, crowdloans, governance locks, and other protocols w...
Moonbeam just halted all user transactions, leaving late GLMR holders at mercy of an email helpdesk to recover funds
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