vGLMR characteristics

• Min. staking = 5 GLMR / min. unstaking = 5 vGLMR
• vGLMR unstaking period: 0~7 days (flexible)
• Ledger support: Yes (through the Ethereum app)
• Used bridges: XCM
• OpenGov: No
• Reward fee: 10% (apply to rewards only)
• Unstake fee: 0.1% (apply to unstake amount)

Youtube tutorial (apply the same process to any token)

https://youtu.be/WLj0RAg7b_c?t=8

Get GLMR on Moonbeam

Before minting and using vGLMR you first need to hold GLMR in the Moonbeam network for the gas fees. Commonly used steps to obtain GLMR in the Moonbeam network in your EVM wallet:

• Purchase GLMR on CEX or DEX and send it to your decentralized wallet
• Bridge GLMR to Moonbeam using the Moonbeam dashboard.
• Buy GLMR with credit card with fiat on-ramp solutions (i.e Banxa)

<aside> ⚠️ You need an EVM wallet (Metamask, Talisman, Rabby...)

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