The Moonriver Council proposes to upgrade the Moonriver's runtime to version **2401**. 

### Runtime 2401 release note :
[https://github.com/PureStake/moonbeam/releases/tag/runtime-2401](https://github.com/PureStake/moonbeam/releases/tag/runtime-2401)

### Important updates:
* Upgrade all networks to Substrate v0.9.40. (see [#2202]((https://github.com/PureStake/moonbeam/pull/2202)))
* ERC20 XCM enabled assets: Facilitates seamless transfer of ERC20 tokens across the broader parachain ecosystem (see [#2334]((https://github.com/PureStake/moonbeam/pull/2334)))
* Remote EVM execution : Enables smart contract developers to make their Dapps accessible to anyone in the Kusama ecosystem. (see [#2318]((https://github.com/PureStake/moonbeam/pull/2318)))
* GMP Precompile for Transfers with Payload: Increases the reach and impact of the Moonbeam ecosystem by enabling seamless interoperability with other blockchains. (see [#2327]((https://github.com/PureStake/moonbeam/pull/2327))) 
* Addition of the Multisigs pallet. (see [#2264]((https://github.com/PureStake/moonbeam/pull/2264)))

### Verification
Blake2_256 Hash: `0x8fd8f22e18638ac29c7139ceba41ac6849a58006ac532b3205280b568f61e98c` 

If you want to apply the best practices and verify the hash of the proposal, we advise you to use srtool

- **Problem Statement:** Providing reliable RPC services for Moonbeam and other blockchain networks while managing costs efficiently.
- **Significance:** Ensuring developers have instant data access and tools to build web3 applications without the burden of managing infrastructure costs.
- **Proposed Solution:** Dwellir will offer bare metal servers for superior performance, security, control, reliability, expertise, and ongoing support for Moonbeam and other networks.
- **Expected Outcomes:** Enhanced performance, security, and reliability for Moonbeam and other networks at a total monthly cost of $1,542.52, with services expanding to new locations like Singapore and the US.

#22 Runtime 2401 Upgrade