Voucher GLMR PriceVGLMR
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About Voucher GLMR (VGLMR)
Website
bifrost.app
Community
vGLMR (voucher GLMR) is a liquid staking derivative (LSD) of staked GLMR, with fully underlying GLMR reserve and yield-bearing 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 vGLMR?
1. Liquid Staking
The 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 Moonbeam-based DeFi for additional rewards.
2. Automatically Staking rewards capturing without scenario limitations
SLP 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 days
While Moonbeam’s original chain Staking has a fixed 28-day redemption period, Bifrost SLP helps users to realize the possibility of early vGLMR redemption by matching the real-time vGLMR minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption.
4. Higher Staking Yield
In 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. Multi-environment Compatibility
vGLMR 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.
Voucher GLMR (VGLMR) Price Trends
No record
24H High$0.08262
24H Low$0.08262
24H Volume$10.96
Market Cap
--All-Time High(ATH)$0.8035
Circulating Supply
-- VGLMRAll-Time Low(ATL)$0.07227
Total Supply
1.11M VGLMRMarket Cap/FDV
--Max Supply
∞Fully Diluted Valuation
$92.36KMarket SentimentNeutral
Live Voucher GLMR (VGLMR) Price Update
Voucher GLMR price today is $0.08262 with a 24-hour trading volume of $10.96, and as such Voucher GLMR has a market cap of --, giving it a market dominance of 0.0000030%. The Voucher GLMR price moved 0.00% in the last 24 hours.
Time period | Change amount | % Change |
|---|---|---|
| 1H | -- | 0.00% |
| 24H | -- | 0.00% |
| 7D | +$0.002523 | +3.15% |
| 30D | -$0.02521 | -23.38% |
| 1Y | -$0.3014 | -78.49% |
 VGLMR to USD | $0.08 USD |
 VGLMR to EUR | €0.07 EUR |
 VGLMR to INR | ₹6.90 INR |
 VGLMR to IDR | Rp1253.40 IDR |
 VGLMR to CAD | $0.11 CAD |
 VGLMR to GBP | £0.06 GBP |
 VGLMR to THB | ฿2.73 THB |
 VGLMR to RUB | ₽7.64 RUB |
 VGLMR to BRL | R$0.45 BRL |
 VGLMR to AED | د.إ0.30 AED |
 VGLMR to TRY | ₺2.82 TRY |
 VGLMR to CNY | ¥0.58 CNY |
 VGLMR to JPY | ¥11.90 JPY |
 VGLMR to HKD | $0.64 HKD |
