Intro:
vGLMR (voucher GLMR) is the liquid staked token of GLMR, with fully underlying GLMR reserve and yield-bearing feature of GLMR staking reward. It is issued by SLP (Staking Liquid Protocol) - the in-house Bifrost decentralized protocol.
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 appreciate the exchange price of vGLMR.
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vGLMR liquid staking is in development and will be available soon.
Issuer:
Integrations:
Explore apps and services using vGLMR:
vGLMR integrations
dApp
Use case
Link
LSD Utility
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