- vGLMR voucher GLMR is a liquid staking derivative LSD of staked GLMR,with fully underlying GLMR reserve and yieldbearing feature of GLMR staking reward. - Users can deposit GLMR into Bifrost SLP protocol and get vGLMR as return,vGLMR can be traded in the open market or be redeemed back to GLMR. - Holding vGLMR equals to holding the GLMR staking position,staking rewards appriciate the exchange price of vGLMR.Why vGLMR1. - Liquid StakingThe product allows users to stake GLMR for liquid vToken,vGLMR. - vGLMR will keep receiving staking rewards and can continue to be used in Bifrost and Moonbeambased #DeFi for additional rewards.2. - Automatically Staking rewards capturing without scenario limitationsSLP will issue Staking rewards to vGLMR by adjusting the price of vGLMR / GLMR upwards. - vGLMR Rate = SLP Staking GLMR SUM / vGLMR Total Issuance.3. - Floating redemption period,vGLMR redemption ≤ 28 daysWhile Moonbeam’s original chain Staking has a fixed 28day redemption period,Bifrost SLP helps users to realize the possibility of early vGLMR redemption by matching the realtime vGLMR minting quantity with the redemption quantity at the protocol layer in the form of a queue. - Theoretically,it can achieve secondlevel redemption.4. - Higher Staking YieldIn the SLP protocol,the protocol screens more than 10 verified nodes through governance subsequently increasing with the overall staking volume and adds multiple filters such as the number of nominees,commission ratio,and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes.5. - Multienvironment CompatibilityvGLMR is one of Substrate assets in Bifrost parachain,by using the HRMP channels between Bifrost and others,it can be easily utilized in EVM,WASM and Substarte competiable parachains..
Summary of the coin Voucher GLMR
highest price statistics: 0.80 $USD
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