⚒ New update! We have now successfully launched the #vsBond Convert function.
To improve vsBond utilization you can convert them to $vsKSM at http://bifrost.app/swap?tab=convert
See how it works https://twitter.com/bifrost_finance/status/1523925995824107520
Dear SALP contributors, it's time to get the extra bonus 💰
Log in to http://bifrost.app/wallet and check your BNC balance!
We have issued Crowdloan rewards through SALP contribution for Turing (🐣 OAK Network) and
Centrifuge 🌀 for a total of 3,395 BNC.
We are pleased to announce OriginTrail has successfully integrated Bifrost SALP for
Polkadot Crowdloan!
Anyone who contributes for OriginTrail via http://bifrost.app/vcrowdloan will receive an additional bonus of 0.04 $BNC per $DOT !
Full details :
https://medium.com/bifrost-finance/bifrost-salp-supports-the-origintrail-polkadot-crowdloan-8a659accad5a
✅ Bifrost 2022 April Monthly Report
- $xcBNC & $MOVR bi-directional cross chain with Moonriver
- $USDT bi-directional cross chain with Kusama
- Bifrost Crowdloan on Polkadot is in process
Source: https://bifrost-finance.medium.com/bifrost-2022-april-monthly-report-ef457da05b68
We are excited to share the big news that Bifrost Staking Liquidity Protocol (SLP) will go live at http://bifrost.app this week!
Any vKSM holder will not only enjoy the Staking benefits of KSM, but avoiding the opportunity costs. You can have your cake and eat it too ! 😍🍰🍰
Busy day of community talks 🔥 Talisman is inviting Thibault.
📆 Join us today on Talisman Discord as we Explore Paraverse with Bifrost.
🌈 Together we will dive into the world of crowdloans, synthetic assets, bonds, yield farming and more!
❄️ http://discord.gg/talisman❄️
🌈 Bifrost Crowdloan has raised more than the 300,000 DOT soft cap, vsDOT will soon open trading pairs
Bifrost Polkadot Crowdloan has raised over 300,000 DOTs at 8:38 am UTC on April 26th. Consequently, the Bifrost official Crowdloan auction entrance and the Last Winner game have stopped contributing. ‼️DOT contributed beyond the 300,000 soft cap will no longer be rewarded with BNC‼️
vsDOT minting volume have now surpassed 200,000 DOTs and Bifrost's total TVL has reached $116,100,494. Once vsDOT minting volume exceeds 190,000 DOT, Bifrost will plan to open vsDOT trading pairs and liquidity farming!
Last Winner will be relaunched on 4/25 at 12pm UTC with new rules!
The initial prize pool has been increased to 8,000 $BNC! Join us at http://crowdloan.bifrost.app
New optimizations
Due to the excessive time of the rules for automatic start of Last winner rounds and threshold doubling in the early stages, the automatic script gained more advantages. In response the team urgently discussed and introduced a new solution.
In the new rules, we maximize the reduction of unfair competition from scripts by holding two participation rounds regularly every day, raising the basic threshold and shortening the threshold doubling time. Also, based on monitoring, we will disqualify this BNC address from winning using automatic scripts: 14VZjPb3mJ2Q1Wu1cLjS41Rsn7nG5PUh3AQaRUKNtLD3TZYa
For more information on Last Winner's new rules, please see the above image or ask for more details in our community channels.
Calling the #Bifrost Community. Join us for an amazing Twitter space sharing on Apr 29!
Get updates and ask all burning questions at http://bit.ly/37LY3Ea
Twitter Space: https://twitter.com/i/spaces/1eaJbNplPrjJX
⏰ 3 Hours Countdown!
We are about to officially open the Polkadot Crowdloan and have prepared a fun game called LAST WINNER at http://crowdloan.bifrost.app where the last person to contribute before the countdown will earn all the $BNC in the prize pool!
We have decided to officially launch our Polkadot crowdloan on April 22nd at 10am UTC 🌈
We will participate in the 16th, 17th, 18th and 19th auctions for the Polkadot Parachain slots.
👉🏼 Bonus and "Last Winner" rules detailed in the Medium article.
Bifrost and Moonriver open bi-directional cross-chain channel with first support for xcBNC/ MOVR assets
According to official news, the on-chain governance vote for the HRMP cross-chain channel and $xcBNC asset launch initiated by Bifrost and #Moonriver has passed. $BNC / $MOVR, as the first supported assets, has opened a bi-directional cross-chain between Bifrost and Moonriver of #Kusama Parachain via cross-chain messaging XCM.
Bifrost now supports $BNC / $MOVR cross-chain interoperability on its Dapp Wallet page. Users can use the XC-20 standard to transfer $BNC to Moonriver, use $xcBNC to access the Moonriver DeFi ecosystem, and also cross $MOVR back to the Bifrost network. According to the Bifrost team, Bifrost will provide Moonriver with derivative asset $vMOVR in the future to increase the Moonriver network Staking rate, lower the threshold for users to participate in $MOVR staking, and improve the overall decentralization of the network.
Source: https://twitter.com/bifrost_finance/status/1516265118044405760
We are delighted to announce Bifrost is collaborating with Moonbeam to launch the xcBNC on Moonriver through XCM intégration 🚀
In the near future, xcBNC can be deposited and used in Moonriver’s DeFi ecosystem !
Details: https://bifrost-finance.medium.com/bifrosts-bnc-token-is-available-for-use-on-moonriver-as-xcbnc-through-an-xcm-integration-8261cf110596
We’re delighted to entered the #Paraverse, which is a universe of interconnected, composable Parachains within the Polkadot ecosystem. Each Parachain is represented in the Paraverse by a unique entity that has its own set of stories and culture.
Bifrostees are able to connect your wallet and access Bifrost for exploring a world of cross-chain staking and #Crowdloan liquidity derivatives.
View all of your derivative assets (i.e. vsKSM) in the Talisman extension. Talisman enables anybody to find their way through the Paraverse and to transact smoothly across the Parachains.
We are excited to announce the cooperation with Web3Go to bring staking dashboard !
Bifrost users are now able to connect with their address and use the staking simulator to make the smartest decision in selecting collators.
🌈 Explore: https://web3go.xyz/#/BifrostStaking
📑 Full Medium Article
✅ Staking liquidity protocol #SLP AMA recap with PolkaWarriors
As the first asset after SLP went live, $vKSM is designed to be a fungible token, which is a combination of staked assets and future #staking rewards.
Check the full recap if you missed it https://medium.com/bifrost-finance/polkawarriors-ama-recap-what-can-we-do-with-slp-protocol-34c8dc30b4e9
With the official launch of the Staking liquidity protocol SLP, it's time to learn how to mint vKSM, the Liquid Staking KSM !
https://youtu.be/uhymdJwBS0o
A good user experience for smooth operation at http://bifrost.app/vstaking/vksm
⚒ Our Staking liquidity protocol SLP is now live! It will provide a solution for staking liquidity under the PoS chain!
vKSM, the first liquid token after the launch of SLP, is now open for minting on http://bifrost.app/vstaking/vksm
In the future, we will work on cooperation with smart contracts and Parachain to open up interoperability with EVM/WASM. vKSM & more vTokens will appear in more mature and prosperous ecologies!
Source: https://bifrost-finance.medium.com/bifrost-staking-liquidity-protocol-goes-live-vksm-becomes-first-supported-asset-5d09f2716d7b
The slot leases for the first batch of Kusama parachains will end on May 15th 2022. Haven’t decided what you should do next?
Come join PolkaWarriors AMA with Bifrost & explore what you can do with Bifrost SLP.
📆 : 12:00 PM (UTC), May 6.
🏟️: t.me/PolkaWarriors
According to the chain data, Bifrost has renewed the lease for 21 - 28 Kusama Parachain slots on May 2nd. The Bifrost Kusama Parachain will be reserved to serve both ecosystems with the future Bifrost Polkadot Parachain after successful bidding.
When the Kusama <> Polkadot cross-chain bridge matures, Bifrost plans to migrate the main protocol and governance modules to the Bifrost Polkadot Parachain. The Bifrost Kusama Parachain is governed through the XCM cross-chain to support the Kusama ecosystem.
📆 In 2h you can join the Polka Defiance conference with Bifrost and our speaker master Tyrone 😎
👉 Save the spot: https://bit.ly/DeFiance22
✅ In the last 14 hours, 2 winners have earned a total of 16,377 $BNC in the Last Winner. Two rounds will start each day at 2am and 12pm UTC at http://crowdloan.bifrost.app
👀 Keep your eyes on it. Maybe you'll win 8,000 $BNC!
In the past 3 days, a total of 320 addresses have contributed over 100,000 DOT to Bifrost! It has reached ⅓ with the Bifrost Crowdloan soft cap!
Many thanks to our community for your great support 😍.
You can still earn 12 BNC per DOT until the early bird ends on April 30th ⏳.
Contribute us at http://crowdloan.bifrost.app
The Bifrost Crowdloan on Polkadot is now live ! 🔥🔥
Gain BNC rewards and release locked DOT liquidity with SALP.
Follow the video and contribute for Bifrost at http://crowdloan.bifrost.app
Following our previous announcement, Bifrost is entering a new metaverse !
https://twitter.com/bifrost_finance/status/1517060553868713984
Whitelist registration is now open for our exclusive Social Hub Pass in The Sandbox Game, designed by Metaprints. 🏁
Register now to enjoy 10% discount and more: http://socialhub.metaprints.com/bifrost
👉🏼 4 steps to follow in the above link:
1/ Connect MM wallet to sign up for whitelist
2/ Join Metaprints Discord
3/ Hold $BNC or$BONDLY
4/ Mint in May *
*sale details coming soon
📆 Previous announcement
Join KryptosChain as he will be hosting "The Evolution of Staking" with Bifrost's partners !
📆 When: April 21st 9h00 UTC
🎬 Where:
https://mobile.twitter.com/i/spaces/1OwxWzMVQbmJQ
Source Twitter: https://twitter.com/KryptosChain/status/1516413552613015574?t=ZQH3isuxlhApuzAih5KgTw&s=09
Bifrost Now Supports bi-directional cross chain of USDT on the Kusama Network Statemine
Tether announced on April 13 that $USDT is now available for the first time on Statemine, the first #parachain on the #Kusama network. Today Bifrost also has opened a bi-directional cross chain channel with Statemine, and will soon allow users to transfer $USDT in/out across the chain in Bifrost dapp.
We will also be collaborating with #Zenlink to bring USDT-related trading and liquidity mining online.
https://twitter.com/bifrost_finance/status/1514964495499620352
We are looking for a new member to join core contributor! If you have plenty of hosting experience and you are active in #Dotsama ecosystem, apply for it!
Read more in the job description: https://bifrost-finance.medium.com/ama-lead-hunting-e8dc4bb1fb47
We are pleased to be a partner with #Polkadex. Contribute Polkadex from Bifrost #SALP and you will get at least 2+ $PDEX and 0.02 $BNC per $DOT
Learn more: https://bifrost-finance.medium.com/bifrost-salp-supports-the-polkadex-polkadot-crowdloan-239820a4ef67
Bifrost stage network is now live on Subscan at http://bifrost-testnet.subscan.io, this provides a convenient and quick entry for stage environment status and block query.
Bifrost can test in the stage environment before launching pallets in the future.