Bifrost Announcement

29 Apr 2024 08:56

9.5 Million vDOT Minted on Bifrost! 🎉

On April 29th, a proposal from HydraDX was approved, transferring 1 Million $DOT - worth approximately $6.9M - from HydraDX's Treasury to Bifrost #SLP.

The on-chain proposal was voted on and successfully executed, marking a key milestone towards decentralization and interoperability within the Polkadot ecosystem's app-chains.

With this latest addition, Bifrost strengthens its position as the largest Liquidity Staking Protocol on Polkadot, providing capital efficiency and unlocking liquidity for thousands of $vDOT holders.

Next Stop: 10M! 🔥

Bifrost Announcement

26 Apr 2024 13:27

vDOT weekly report

More than a competitive APY or a growing TVL, $vDOT stands for its flexibility, cross-chain use cases and full-compatibility with different chains.

🔸 Farming Pools
🔸 Liquidity Mining
🔸 Leverage Staking
🔸 ...

Check the opportunities available for Bifrost Liquid Stakers.👇

Full details
https://x.com/bifrost/status/1783800373314019717?s=61

Bifrost Announcement

24 Apr 2024 11:05

We landed in Bangkok to attend "Southeast Asia Blockchain Week" 2024! ✈️🇹🇭

Hosted by ShardLab and Hashed, #SEABW2024 showcases Web3 Innovations and Blockchain Development within the Asian Market. 🌏

Meet the Bifrost team, and our BD & Head of Strategy T.P, around! 🌈✨

Bifrost Announcement

20 Apr 2024 08:35

🎀 Last $PINK Token Distribution UPDATE 🎀

After a careful review of the received requests from the compensation form:
- 95/170 requests were eligible
- Eligible users didn’t receive any PINK or partially

The non eligible requests were for the 2 following reasons:
- Allocation already received
- No vDOT on Feb 4th (initial snapshot date)
For those who already received their allocation, PINK were distributed on Bifrost-Polkadot, not AssetHub, so please check again your bifrost.app/wallet

We took the whole amount of PINK standing in our Treasury: 444 712,887838097 PINK
This amount was designed to be initially used for farming incentives, but we decided to use it to compensate the users.

This compensation distribution will end the $PINK distribution on our side 🚧

Vote 🗳️ here: https://bifrost.subsquare.io/democracy/referenda/120

Bifrost Announcement

16 Apr 2024 19:32

+4,500,000 DOT liquid staked on Bifrost in the 1st Quarter of 2024.

A growth of nearly 110%, in less than three months, which places Bifrost as the largest Liquid Staking Protocol on Polkadot. 🌈

+18.25% Base APY and interoperability across several Substrate and EVM based networks, make vDOT one of the most capital efficient assets out there.

Get the max out of your DOT... Mint vDOT!

👉 http://bifrost.app/vstaking/vDOT

Bifrost Announcement

15 Apr 2024 16:10

🔊 vASTR on zkEVM - Important Announcement 🔊

Due to the recent reorganization of Polygon CDK chains, LayerZero
has decided to increase the default number of block confirmations to enhance transaction security. 🔐

The update came into effect on Thursday, April 11th, potentially extending transaction times to about a week. This may result in a 'one-week pause' for the $vASTR minting function via zkEVM network on OmniLS. ⏸

Users who have already liquid staked $ASTR via http://omni.ls/ but did not receive the respective $vASTR yet, do not need to worry: vASTR tokens will be automatically received, once the functionality is restored. ✅

More info: https://layerzeroscan.com

Bifrost Announcement

12 Apr 2024 10:25

Following yesterday's announcement about the opening of SALP redemptions, we have also opened the redemptions for the refunded crowdloans from the latest #60-#66 auctions batch:
- Equilibrium
- Polkadex
- Integritee

You can get your crowdloaned DOT back if you contributed through SALP and still hold these vsBond.
For redemption you need to have [vsDOT + vsBond] in same quantity.

👉🏼 Redeem here: bifrost.app/vcrowdloan?tab=redeem

Step-by-star guide:
https://docs.bifrost.finance/quick-start-and-tutorials/liquid-crowdloan-salp/how-to-redeem-ksm-dot

Do not wait for the last moment to redeem ⚠️

Bifrost Announcement

11 Apr 2024 17:22

We are proud to present you the Bifrost 2024 Roadmap! 🚀

In the past Quarters, Bifrost has launched Omni LS, the dApp compatible with EVM based networks, and Loop Stake, a "one-click" Leverage Staking solution accessible via bifrost.app! 🔥

Hotter months lie ahead... 🥵
🔸 Bifrost Coretime Upgrade
🔸 New $BNC Tokenomics
🔸 vETH 3.0 - Redesigning Bifrost LST of $ETH
🔸 Bifrost <> Ethereum connection via SnowBridge
🔸 Bifrost <> Bitcoin L2 bridge, opening the door to a whole new level of assets' interoperability on Polkadot

...and that's just the tip of the iceberg!

Do you want to get more details about future plans, asset releases and product launches?
Check the dedicated page on our Notion:
https://bifrost-finance.notion.site/Bifrost-Roadmap-ba6c44bd4f684e5aa875ec44388b2330

Deep dive into the new Bifrost Roadmap. 🤿

Bifrost Announcement

09 Apr 2024 11:08

+500K vDOT minted in less than a week on http://bifrost.app/ 🎉

Incentivized Farming Pools on Moonbeam & Astar based Dexes and Leverage Staking on http://bifrost.app/, have bootstrapped $vDOT adoption!

Bifrost Liquid Staking keeps growing on Polkadot.💧

Bifrost Announcement

05 Apr 2024 11:58

New week, new milestone:
8.5 Million $DOT have been liquid staked on Bifrost!💧

$vDOT is gaining traction on both Substrate parachains and EVM-based protocols.

Discover vDOT use-cases, APYs and TVLs on #HydraDX and the major DEXes on both #AstarNetwork and #MoonbeamNetwork! 🚀

Threads: https://twitter.com/Bifrost/status/1776186822411903068

Bifrost Announcement

04 Apr 2024 00:06

What is liquid staking? Why is it a major narrative in crypto today? What are the risks and how can YOU benefit from all this?

https://www.youtube.com/watch?v=iGdZYDSl1KY

Liquid staking (& Restaking) is a topic that has gotten a lot of attention recently with projects like Eigenlayer launching which raised more than 100 million dollars from investors and their application has received more than 12 billion dollars in value from users locking their tokens in Eigenlayer.

In this episode, TEACHMEDEFI bridge ecosystems with pioneers from the Cosmos and Polkadot ecosystems. We dive head first into liquid staking and restaking with Mikhil Pandey, co-founder of Persistence One and Thibault Perréard, Strategy and BD Lead at Bifrost.

With Persistence One carving a niche in Cosmos and Bifrost shaping the Polkadot landscape & beyond, TEACHMEDEFI uncovers how these projects are redefining yield maximization and capital efficiency in the crypto space and what Polkadot and Cosmos can learn from each other.

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

27 Apr 2024 21:39

🪂 $VARCH airdrop update - Distribution ended🪂

As announced on April 24th by the Invarch team, which is leading and distributing the airdrop, it has come to an end.
https://x.com/invarchnetwork/status/1783128428843262076

Please read carefully their announcement, there were changes in the activities impacting the expected final result.
Check your $VARCH balance on wallets (Subwallet, Nova, Talisman) directly on the Invarch network.

In a word: $VARCH airdrop is over 🚧

Bifrost Announcement

25 Apr 2024 11:30

The path towards $BNC Tokenomics 2.0 continues... ⏩

We have released the second phase of a proposal to adjust $vDOT reward fees: this 2nd of three steps aims to support the release of a Commission Track Pallet and the new Bifrost Tokenomics. 🪙

Check: https://bifrost.subsquare.io/referenda/13

Bifrost Announcement

23 Apr 2024 10:31

Bifrost is supporting the LAOS Network Crowdloan! 🎉

Polkadot users can now contribute to the LAOS Network crowdloan via Bifrost #SALP and get 100+ $LAOS & $vsDOT - per each #DOT contributed - which can be redeemed for liquidity, if needed.💧

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

Bifrost Announcement

17 Apr 2024 17:04

Bifrostians 🌈 ,

There is an interesting proposal from the Interlay community being discussed currently where you can vote for the best option to raise iBTC capacity.

vDOT is a direct (option 2&3) or indirect (option1) possible solution to convert the Treasury DOT into a sustainable yield solution for vaults runners.

🗳️ The vote ends in 2d, make sure your opinion is given:
https://polkadot.subsquare.io/posts/263

Spazcoin X post:
https://twitter.com/spazvt/status/1780464952018382947

Bifrost Announcement

16 Apr 2024 10:03

☎️ Calling All Builders! 🛠

The Bifrost Grants Program is Live! 🔥

A chance for builders, developers and Web3 enthusiasts to be actively part of the growth of Bifrost and its #LSTfi ecosystem.

Details: https://bifrost-finance.notion.site/Grants-Program-Overview-6415c87562fd41879379767c5f00a960

Bifrost Announcement

13 Apr 2024 23:55

Bifrost is in da house! 🔥

1st day of Web3/AI Summit in Tokyo, powered by Teamz, was a blast! 🎉

If you are around, come by and meet the Bifrost team, together with other Polkadot parachains and representatives. See you this weekend! 🌈🇯🇵

Bifrost Announcement

12 Apr 2024 09:02

With vDOT reaching $2.8M in TVL on Interlay, Bifrost has added $BNC as collateral to borrow assets on Interlay's Lending Market.

Get your $BNC on Interlay from Bifrost, simply using the cross-chain function on http://bifrost.app ✖️⛓

👉 http://app.interlay.io/lending

Bifrost Announcement

10 Apr 2024 15:18

The 3rd crowdloan batch is over, corresponding lease periods ended 🚧

🔓All vCrowdloans are now open for redemption for:
- 2037（Unique）
- 2013（Litentry）
- 2040（Polkadex）
- 2043（OriginTrail）
- 2030（Bifrost）
- 2027（Coinversation）
https://bifrost.subsquare.io/council/motions/309

You can get your crowdloaned DOT back if you contributed through SALP and still hold these vsBond.
For redemption you need to have [vsDOT + vsBond] in same quantity.

👉🏼 Redeem here: bifrost.app/vcrowdloan?tab=redeem

Step-by-star guide:
https://docs.bifrost.finance/quick-start-and-tutorials/liquid-crowdloan-salp/how-to-redeem-ksm-dot

1st crowdloan batch has now expired vsBond for:
- 2000（acala）
- 2004（moonbeam）
- 2006（astar）
Corresponding vsBond can still be converted.

Do not wait for the last moment to redeem ⚠️

Bifrost Announcement

05 Apr 2024 17:23

🎀 Bifrost $PINK Token Distribution - UPDATE 🚨

We are processing the data from the compensation sheet. The form is closed now 🚧
After checking the 1st results, many people filled in the form without being eligible holding vDOT on Feb 4th, or already received their allocation in full.
👉🏼 This will take more time to process as a consequence due to the negative received requests.

If you already received your allocation in full, please check your Bifrost wallet: bifrost.app/wallet
Wallets may not support PINK on Bifrost-Polkadot yet, but that does not mean the distribution was not processed. PINK can be seen on our dapp.

We will communicate once the data are fully checked and the compensation distribution is ready to be executed.
Expect at least 1 week as a minimum ⏳
/channel/bifrost_finance/348964

Bifrost Announcement

04 Apr 2024 14:15

Last day to fill the form ⚠️

After that it will be too late and we'll close the $PINK distribution for good.
/channel/bifrost_finance/347447

No need to fill it in if you had 0 vDOT on Feb 4th or already received your allocation in full ❌

Bifrost Announcement

01 Apr 2024 19:01

The Bifrost March Report is here! 🌈🎉

Highlights of the month:
🔸 Bifrost introduced LoopStake, a "one click" - in app - Leverage Staking Service ♾
🔸 $vASTR has been integrated with Astar zkEVM ✨
🔸 $vDOT TVS reached 8 MILLION tokens 📈

Details ⤵️
Medium article
Grill article

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