vMOVR characteristics
- Min. staking = 0.5 MOVR / min. unstaking = 0.5 vMOVR
- vGLMR unstaking period: 0~3 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
https://youtu.be/WLj0RAg7b_c?t=8
Get MOVR on Moonriver
Before minting and using vMOVR you first need to hold MOVR in the Moonbeam network for the gas fees. Commonly used steps to obtain MOVR in the Moonbeam network in your EVM wallet:
- Purchase MOVR on CEX or DEX and send it to your decentralized wallet
- Bridge MOVR to Moonbeam using the Moonriver dashboard.
- Buy MOVR with credit card with fiat on-ramp solutions (i.e Banxa)
You need an EVM wallet (Metamask, Talisman, Rabby...)