- vMOVR voucher MOVR is a liquid staking derivative LSD of staked MOVR,with fully underlying MOVR reserve and yieldbearing feature of MOVR staking reward. - Users can deposit MOVR into Bifrost SLP protocol and get vMOVR as return,vMOVR can be traded in the open market or be redeemed back to MOVR. - Holding vMOVR equals to holding the MOVR staking position,staking rewards appriciate the exchange price of vMOVR.Why vMOVR1. - Liquid StakingThe product allows users to stake MOVR for liquid vToken,vMOVR. - vMOVR will keep receiving staking rewards and can continue to be used in Bifrost and Moonriverbased #DeFi for additional rewards.2. - Automatically Staking rewards capturing without scenario limitationsSLP will issue Staking rewards to vMOVR by adjusting the price of vMOVR / MOVR upwards. - vMOVR Rate = SLP Staking MOVR SUM / vMOVR Total Issuance.3. - Floating redemption period,vMOVR redemption ≤ 28 daysWhile Moonriver’s original chain Staking has a fixed 28day redemption period,Bifrost SLP helps users to realize the possibility of early vMOVR redemption by matching the realtime vMOVR 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 CompatibilityvMOVR 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 MOVR
highest price statistics: 26.88 $USD
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Study the exchange market information. Voucher MOVR
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