vGLMR characteristics

• Min. staking = 2.5 GLMR
• GLMR unstaking period: 0~7 days (flexible)
• Used bridges: XCM
• OpenGov: No
• Ledger support: No (Ledger does not support parachains yet - expected Q3 2024)
• Reward fee: 10% (apply to rewards only)
• Unstake fee: 0.1% (apply to unstake amount)

Youtube tutorial

https://youtu.be/G2359FZxLGQ

Get GLMR on Bifrost

Before minting and using vGLMR you first need to hold GLMR in the Bifrost network. Prepare GLMR on your EVM/native wallet address:

• Purchase GLMR on CEX or DEX
• Buy GLMR with credit card with fiat on-ramp solutions (i.e Banxa)
• Withdraw from other ecosystem parachains (Hydration, Moonbeam, Astar...)

1. Login to app.bifrost.io and confirm the network in the upper right corner is Polkadot

Polkadot network selected

1. Click "Cross chain" in the main navigation menu on the left to enter the cross chain function