Moonbeam is fully migrating its GLMR token from the Polkadot parachain to Base, and relaunching as an AI-agent focused network, the project said in a strategic update posted to its official site. The bridge from Moonbeam to Base is open now, with a deadline of July 31, 2026.

GLMR converts 1:1 into a native ERC-20 on Base, Moonbeam said, preserving holders' stake "the moment you bridge." Users with positions in Moonbeam DeFi protocols, including liquidity pools, lending markets and staking contracts, must withdraw before bridging because funds left onchain "may become inaccessible" once the parachain winds down. Centralized-exchange holders will be migrated automatically by their exchange, per the update.

Alongside the token move, Moonbeam is launching the Moonbeam Protocol, which it describes as a decentralized network for AI agents to "find each other, negotiate work, and pay each other entirely on-chain, without a middleman." The team called it a pivot rather than a rebrand, betting on AI-native onchain coordination as its next growth vector after years operating as an Ethereum-compatible parachain within the Polkadot ecosystem.

Moonbeam said it will keep operating through the transition period and is not abandoning its existing builders or infrastructure providers, directing further updates to its governance forum. Bridging instructions point holders to the project's migration portal, with exchanges expected to coordinate separately.