Bifrost Announcement

28 Mar 2024 14:54

🎀 Bifrost $PINK Token Distribution - UPDATE 🚨

Foreword: After the announcement of $PINK distribution to $vDOT holders, some users pointed out that they were not included in the distribution.

The team therefore decided to open a Google Form, in order to collect the addresses of those who - despite holding vDOT on Bifrost, HydraDx and Interlay at snapshot date = Feb 4th - did not receive their allocation. ❌

Please fill out the form in good conscience: the Bifrost Team will be at work to check that all submissions are regular!

The Deadline to fill the form is April 4th, 23.59 UTC ⏰

Info about Block Heights & Allocation, in the Form below. ⤵️
https://forms.gle/TFwsWAZbizpxNery9

Bifrost Announcement

27 Mar 2024 17:18

Amazing news everyone! ✨

Nova Wallet users can now buy even more types of tokens using one of our on-ramp partners Banxa 🥳

You can now buy HDX, BNC, KILT and ACA directly from Nova Wallet! 🤩

Like & RT on X to spread this amazing news! ❇️
https://twitter.com/NovaWalletApp/status/1773009209329623246

Bifrost Announcement

21 Mar 2024 15:19

Bifrost is supporting the Hyperbridge Crowdloan! 🎉

Polkadot users can contribute to the Polytope Labs Crowdloan via Bifrost SALP and get +100 $NAND & $vsDOT - per each DOT contributed - which can be redeemed for liquidity, if needed.💧

Check: http://bifrost.app/vcrowdloan ⚖️

Details and info: https://blog.polytope.technology/hyperbridge-crowdloan

Bifrost Announcement

21 Mar 2024 10:10

Our friends and colleagues at Interlay are pushing a new proposal on Subsquare. This is a community request 👨‍👩‍👦‍👦


The goal is to add $BNC to the Interlay's Lending Market and DEX. Users can provide their feedback and spark a discussion on the utility of this addition to the eco. 🔊
https://interlay.subsquare.io/democracy/proposals/101

Bifrost Announcement

20 Mar 2024 08:01

Bifrost is part of the first six Polkadot and Kusama parachains added on Dune Analytics. ☀️

From now on, users can check first hand the growth of these parachains (Astar, Bifrost, HydraDX, Interlay, Centrifuge, and Polkadot AssetHub) and their products development.🔺
Polkadot staking dashboard
All dashboards

👀 Sneak-peak: DOT Staked on LST protocols in the last two quarters.

Dune tweet
Polkadot tweet
Polkadot blog article

Bifrost Announcement

19 Mar 2024 12:08

We finally confirm that our $vMANTA users can enter Zero Gravity, the on-going ZeroLend airdrop campaign ! 🪂🌈📸

You can follow the tutorial below to cross-chain your $vMANTA to Moonbeam and proceed to the eligibilty check👇🏼

https://x.com/Bifrost/status/1770043267926671550?s=20

Bifrost Announcement

18 Mar 2024 14:53

Dear Bifrostians 🌈,

Here's an off-chain sentiment poll on OpenSquare in order to reduce the BNC gas fees on our networks.

Please participate & vote 🗳
You need BNC on Kusama side (Karura, Bifrost, Moonriver).
If can't vote, let a least a comment 😒
⤵️
https://voting.opensquare.io/space/bifrost/proposal/QmZ2YewGihABoC3gwxC6sL9T4YMknqKSm1D9eJ4S972Lf3

Bifrost Announcement

15 Mar 2024 15:11

JUST IN ‼️

Thanks to its latest Astar zkEVM integration, $vASTR is now available on
Quickswap DEX 🐉

https://x.com/QuickswapDEX/status/1768348634418921851?s=20

Bifrost Announcement

13 Mar 2024 13:04

We have just introduced Bifrost LoopStake - the easiest Leverage Staking product available for Polkadot & Kusaman LST assets!

Do you know how does it work? 🤔

Step 1
Check bifrost.app/vstaking/vDOT?tab=loopstake ✔️
Step 2
Watch the tutorial below. 👀
Step 3
Join the Loop! ♾

Bifrost Announcement

13 Mar 2024 04:01

The Polkadotsub0 - Polkadot Developer Conference - started yesterday, in Bangkok! 🇹🇭

Walk around the Networking Area, check the Bifrost Booth and get in touch with our Team to discover LSTs!

See you on stage, today.
We can't wait to unwrap what we have in store for you! 🎁

Bifrost Announcement

12 Mar 2024 08:01

Full support 🫶🏼 to HydraDX which has recently submitted 2 proposals to Polkadot OpenGov!

These proposals are aiming to attract new liquidity to the Polkadot ecosystem and boost its major assets 🌊

Voting phase is now open on Polkassembly 🗳

1/ Polkadot Hydration: Treasury LP 🏛
https://polkadot.subsquare.io/referenda/560

2/ Polkadot Hydration: Liquidity Incentives💧
https://polkadot.subsquare.io/referenda/561

Learn more about their global liquidity strategy. ⤵️
https://x.com/hydra_dx/status/1766218257277567224?s=20

Bifrost Announcement

11 Mar 2024 16:55

Welcome to the 21Million Club! ✨

The amount of $vASTR Liquid Staked on Bifrost has just surpassed 21,000,000. Get more than 33% APY and leverage off cross-chain interoperability with the $ASTR LST!

Soon Available on Astar zkEVM...👀

Join bifrost.app/vstaking/vASTR 🌈💧

Bifrost Announcement

10 Mar 2024 11:30

Governance update 🔊

👉🏼 Users can participate in the Governance of Polkadot and Kusama, using their vDOT and vKSM from Bifrost UI.
https://bifrost.app/vstaking/vDOT?tab=governance (X thread here)

We released an OpenGov article that explains briefly the changes between Gov1 and OpenGov 👉🏼Medium article or Polkaverse article

——————————
Bifrost-Polkadot
Ref #106: Add BNC/vDOT pool
> Result 🙅

🔥 Ref #9: decentraDOT Validator Boost Proposal > 4d left
🔥 Ref #10: VBL application: Staker Space > 4d left
🔥 Ref #12: Adjust vDOT reward fee from 0.1% to 1% > 11d left

😒 Discussion: decentraDOT - Validator Boost Applicant
😒 Discussion: Validator Boost List Applicant: Staker Space
😒 Discussion: Validator Boost list Proposal - Merkletribe

Various Fellowship/technical commitee refs with Result 👍.
- Update stable swap price anchor
- setCommissionTokens for vDOT, vFIL, vGLMR, vASTR and vMANTA in ChannelCommission
- Update the vDOT validator whitelist
- Update vDOT SST parameters - 20240301
- Adjust vDOT reward fee from 0.1% to 1%

Bifrost-Kusama:

😒 Discussion: decentraDOT - Validator Boost Applicant
😒 Discussion: Validator Boost List Node Proposal - Sekoya Labs
😒 Discussion: Validator Boost List Node Proposal - Colossus
😒 Discussion: VETH in HydraDX?

Various Fellowship/technical commitee refs with Result 👍.
- Update the vKSM validator whitelist
- setCommissionTokens for vBNC, vKSM and vMOVR in ChannelCommission
- Initialize stable swap automatic anchor point update
- Update stable swap price anchor

————————————
External Gov - Moonwell
😒 Discussion: Path to vDOT and vGLMR on Moonwell

Give a vote whenever you can, governance is an important subject that shouldn't be under-estimated

Bifrost Announcement

08 Mar 2024 18:02

The $VARCH Airdrop doubles up to 40M Tokens! 🪂

InvArch team has confirmed that $VARCH tokens will be allocated to users who are going to interact with both the Polkadot
relay chain and Supported Parachains - such as Bifrost! 🌈

In particular, minting at least 25 $vDOT on http://bifrost.app will qualify users to share a tranche of 20M $VARCH.

And using the vDOT in Interlay's lending/borrowing market or in the yield DCA feature in HydraDX will even give you more points !

⏳The snapshot will take place on March 31st at 11:59 PM UTC.

More info: https://invarch.medium.com/varch-airdrop-on-polkadot-bigger-better-febc73ab515d

Bifrost Announcement

08 Mar 2024 14:11

The road to the new Bifrost tokenomics starts here. ⬇️

Here's our proposal to slightly adjust vDOT reward fee: the 1st Step of the new $BNC Tokenomics 2.0! 🌈🎉

Check the referenda below and learn more about it.
https://bifrost.subsquare.io/fellowship/referenda/41

Bifrost Announcement

28 Mar 2024 11:13

8 MILLION $vDOT Minted on http://bifrost.app 🎉

Liquid Staking adoption keeps growing within the Polkadot ecosystem, along with LST use-cases.

Airdrops ✔️
Leverage Staking ✔️
Lending Market Integration ✔️
Incentivized LP Farming Pools ✔️

And the best is yet to come. 👀

Bifrost Announcement

26 Mar 2024 13:50

$PINK Airdrop has been completed! 🌈

We are glad to inform you that the Airdrop of +25 Million $PINK tokens - 1.13% of the Total Supply - have been successfully sent to over 1,330 addresses, holding vDOT. 🎀

The goal was to enhance - once again - cross chain interoperability of our flagship product, rewarding
vDOT holders on any possible network. 🪂

Snapshot Details

📸 Snapshot Date: February 4th, 2024

⛓️ Networks included in the Snapshot:
🔹 Moonbeam
- Block Height: 5444576
🔹 Astar
- Block Height: 5456737
🔹 Interlay
- Block Height: 4542124
🔹 HydraDX
- Block Height: 4402664
🔹 Bifrost
- Block Height: 3998108

Full details ⤵️
https://twitter.com/Bifrost/status/1772602027308122371

Bifrost Announcement

21 Mar 2024 12:20

The vDOTisDED Campaign is Over! 💀❌

100 Users - who joined the event on Airlyft minting vDOT and completing off chain and on chain tasks - have shared a chunk of a BNC prize. 🏆
Check your wallet.

No BNC? No worries!
vDOT will give you access to the $DED Airdrop. 🫡🪂

Bifrost Announcement

20 Mar 2024 12:02

The PINK Racing League is Over! 🚀

The event, in partnership with PINK & Exiled Racers, has involved hundreds of racers who competed in a 4-Week long event.

As sponsor, Bifrost has allocated a dedicated Prize Pool of 10,000 $GLMR. 🏆

Winners & Details, in the thread. 🧵⤵️
https://twitter.com/Bifrost/status/1770377404340453591

Bifrost Announcement

19 Mar 2024 21:58

Did you miss the Polkadot Sub0 event in Bangkok?
No worries, we've got you covered! 🫡

Re-watch the speech of our Head of Product, Tyrone, who went on stage to deep dive into the potential of Bifrost SLPx and our latest product: LoopStake! ♾

https://www.youtube.com/watch?v=5SXS3AbxqqQ

Bifrost Announcement

19 Mar 2024 10:15

We are proud to announce that Velocity Labs has supported Bifrost and its Liquid Staking Assets!💧

Together, we aim to expand Bifrost LST offering both on Polkadot and DeFi Space by allowing other protocols to leverage off the deep staked liquidity in a safer and more efficient way.

You can find them on X: https://twitter.com/v_labs

Full article ⤵️
velocity-labs/bifrost-and-velocity-supercharging-liquid-staking-together-972f86d64476" rel="nofollow">https://medium.com/@velocity-labs/bifrost-and-velocity-supercharging-liquid-staking-together-972f86d64476

Bifrost Announcement

17 Mar 2024 00:34

Missed the $vDOT snapshot ? 📸
You've got a last chance to get some fresh $PINK 🎀 before TGE...

Follow the guidelines in the @pinkonomic tweet below & have fun ⤵️

https://x.com/pinkonomic/status/1769125665448538122

Bifrost Announcement

14 Mar 2024 14:42

vASTR has been integrated into Astar zkEVM network! ✨

$ASTR Liquid Staking Token is now available on the new Astar zkEVM Network, increasing its cross-chain interoperability.

This will allow http://omni.ls users to explore new LST scenarios and opportunities! 🧵⤵️

https://x.com/Bifrost/status/1768260884462178517?s=20

Bifrost Announcement

13 Mar 2024 11:35

Introducing LoopStake! 🌈♾
The One-click Leverage Staking on Bifrost.

➡️ bifrost.app/vstaking/vDOT?tab=loopstake

Supercharge your staking rewards with a simple and direct in-dApp "One-click" leverage staking solution available on Polkadot and Kusama! 🧵👇
https://twitter.com/Bifrost/status/1767854517737963654

Here's how it works:
1. Liquid staking assets to get LST
2. Depositing the LST obtained on a lending protocol
3. Using the LST supplied as collateral to borrow the staked asset
4. Liquid staking the borrowed asset for a LST, supplying on a lending protocol and borrowing again

Please read and understand the risks carefully ⚠️

With LoopStake, Bifrost aims to accelerate the adoption of diverse DeFi strategies and products utilizing LSTs within Polkadot, Kusama and - in the future - a whole range of supported chains.

Get in the Loop with Bifrost! 🌈 ♾
Full Medium article

Bifrost Announcement

12 Mar 2024 14:23

With a TVL of almost $60 Billion, liquid staking tokens (LSTs) have surged in popularity within the DeFi space.

The reasons for this surge are various:
🔹 Capital efficiency and Enhanced liquidity
🔹 Accessibility and Flexibility
🔹 DeFi Composability

The use of LSTs as collateral in DeFi has gained significant prominence. For the first time, users have access to a yield-bearing collateral which allows them to accumulate staking rewards while supplying these assets on Lending & Borrowing protocols.

A popular strategy to maximize returns is through LST looping, also known as Leverage Staking! ♾

Leverage Staking is a strategy to amplify staking yield earned from LSTs. First launched on Ethereum, this strategy is catching on among other PoS blockchains.

And you?
How do you see Leverage Staking on Polkadot? 👀

See the vDOT loop strategy explained on X ⤵️
https://twitter.com/Bifrost/status/1767538612147560730

Bifrost Announcement

12 Mar 2024 00:07

Are you heading to Polkadot Sub0?

Well, do not miss the chance to meet the Bifrost team and follow the speech of our Head of Product, Tyrone 🤯

He'll be on stage to explore the potential of Bifrost SLPx and share with you some crunchy news... 🧑‍🍳♾

See you in Bangkok! 🇹🇭

https://x.com/Polkadot/status/1766796411301990415?s=20

Bifrost Announcement

11 Mar 2024 12:08

Sooner than you think...

Bifrost Announcement

08 Mar 2024 20:01

7 MILLION $vDOT Minted on http://bifrost.app 🚀

Bifrost DOT LST is growing along with its use-cases:
🔹 Cross-chain Interoperability
🔹 $DED + $PINK + $VARCH Airdrops
🔹 Farming Pools on HydraDX, Moonbeam & Astar


That's not all. Get ready for a new feature... 👀🔜

Bifrost Announcement

08 Mar 2024 16:01

Bifrost will join the Web3 in Bloom as Platinum Sponsor! 🩶

The Event - organized by DFG, JSquare, and Astar - will be held during the TeamZ Web3 / AI Summit in Tokyo, on April 12th! 🇯🇵

See you there! 🤝

Event Page: https://lu.ma/bz27qv27
Event Deck: https://lnkd.in/gSg4SRWm

Bifrost Announcement

06 Mar 2024 09:47

Shoutout to Astar Network and its team for the launch of Astar #zkEVM! 🎉

The Astar mainnet is the first one to integrate Polygon AggLayer, enhancing interoperability and liquidity growth within the #DeFi ecosystem.

...and $vASTR? Keep your eyes open. 👀

https://twitter.com/AstarNetwork/status/1765174066259095974