Convert Voucher GLMR VGLMR to Japanese Yen JPY
VGLMR to JPY: 1 Voucher GLMR converts to ¥13.97 JPY as of June 13 at 2:30 AM
Voucher GLMR (VGLMR) is not tradable on Coinbase.
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About Voucher GLMR
Voucher GLMR is falling this week. The current price of Voucher GLMR is ¥13.97 per VGLMR. With a circulating supply of 0 VGLMR, it means that Voucher GLMR has a total market cap of ¥0.00. The amount of Voucher GLMR traded has risen by ¥3,639,579,005 in the last 24 hours, which is a 4,386,604.17% increase. Additionally, in the last day, ¥82,970 worth of VGLMR has been traded.
The exchange rate of Voucher GLMR is decreasing. The current value of 1 VGLMR is ¥13.97 JPY. In other words, to buy 5 Voucher GLMR, it would cost you ¥69.85 JPY. Inversely, ¥1 JPY would allow you to trade for 0.0716 VGLMR while ¥50 JPY would convert to 3.58 VGLMR, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 5.38%. Meanwhile, in the last 24 hours, the rate has changed by 2.51%, which means that the highest exchange rate of 1 VGLMR to was ¥14.45 and the lowest 24 hour value was 1 VGLMR for ¥13.95 . Last month, 1 VGLMR was worth ¥19.14 . Today, it's down 24.65%. Looking back a year, Voucher GLMR has changed by ¥27.56 . That means that in a single year, the value of Voucher GLMR has shrank by 48.2%.
Voucher GLMR Market Stats
vGLMR (voucher GLMR) is a liquid staking derivative (LSD) of staked GLMR, with fully underlying GLMR reserve and yield-bearing feature of GLMR staking reward. 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 appriciate the exchange price of vGLMR. Why vGLMR? 1. Liquid Staking The product allows users to stake GLMR for liquid vToken, (vGLMR). vGLMR will keep receiving staking rewards and can continue to be used in Bifrost and Moonbeam-based DeFi for additional rewards. 2. Automatically Staking rewards capturing without scenario limitations SLP will issue Staking rewards to vGLMR by adjusting the price of vGLMR / GLMR upwards. vGLMR Rate = SLP Staking GLMR (SUM) / vGLMR Total Issuance. 3. Floating redemption period, vGLMR redemption ≤ 28 days While Moonbeam’s original chain Staking has a fixed 28-day redemption period, Bifrost SLP helps users to realize the possibility of early vGLMR redemption by matching the real-time vGLMR minting quantity with the redemption quantity at the protocol layer in the form of a queue. Theoretically, it can achieve second-level redemption. 4. Higher Staking Yield In the SLP protocol, the protocol screens more than 10 verified nodes through governance (subsequently increasing with the overall staking volume) and adds multiple filters such as the number of nominees, commission ratio, and history of blocks out to maximize the return of this verifier portfolio while ensuring that none of the nodes have experienced slashes. 5. Multi-environment Compatibility vGLMR is one of Substrate assets in Bifrost parachain, by using the HRMP channels between Bifrost and others, it can be easily utilized in EVM, WASM and Substarte competiable parachains.
Frequently asked questions
How much is 1 Voucher GLMR in JPY?
Right now, 1 Voucher GLMR is worth about ¥13.97.
How much VGLMR could I buy for 1 JPY?
Based on the current rate, you could get 0.0716 VGLMR for 1 JPY.
How much has the price of Voucher GLMR changed?
Voucher GLMR price has been declining. Since yesterday, the exchange rate of Voucher GLMR has decreased. Since last month, the exchange rate of Voucher GLMR has decreased. Since this time last year, the price of Voucher GLMR has decreased.
How do I calculate or convert VGLMR to JPY?
You can use our VGLMR to JPY calculator at the top of this page to convert any amount of VGLMR to JPY. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 JPY is equivalent to 0.36 VGLMR. Inversely, 5 VGLMR will cost about ¥69.85
How can I buy 1 Voucher GLMR on Coinbase?
Voucher GLMR is not currently available through Coinbase, but you can sign up to get the latest news on Voucher GLMR and be notified when it is available.
What are assets similar to Voucher GLMR that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Voucher GLMR, including Papi, Cosmostarter, and Ribbit Token. For a more robust list of assets to explore, jump to the asset page dedicated to Voucher GLMR.
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