vMOVR (voucher MOVR) is the liquid staked token of MOVR, with fully underlying MOVR reserve and yield-bearing feature of MOVR staking reward. It is issued by SLP (Staking Liquid Protocol) - the in-house Bifrost decentralized protocol.
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 appreciate the exchange price of vMOVR.
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