Bifrost Announcement

12 Dec 2024 11:44

🔊 Important announcement for vFIL holders.

Based on users feedback and several product limitations, we have decided to shut down vFIL service. It will take place in stages, giving holders enough time to complete their redemptions.

The detailed timeline is as follows:
1️⃣ Phase 1 (Q4 2024)
• Stop FIL deposits into Bifrost (Completed ✅)
• Stop vFIL minting (Scheduled for governance execution on December 31, 2024 ⏳)

2️⃣ Phase 2 (Q1 2025)
• Await the gradual expiration of FIL wrapped by Filecoin storage providers (SPs)
• Upon expiration, the unlocked FIL will be transferred to Bifrost’s vFIL Ready Pool.

Wrapped FIL Expiration Dates:
• f079426: October 24, 2024 (Expired)
• f02182258: November 3, 2024 (Expired)
• f0111584: February 1, 2025

3️⃣ Phase 3 (Q2 2025)
• Decommission on-chain vFIL asset custody
• Enable users to redeem vFIL at any time and directly swap back to FIL via fast redemption.
• Allow users to transfer FIL back to the Filecoin network via the cross-chain bridge.

4️⃣ Phase 4 (By June 30, 2025)
• Disable FIL cross-chain bridge between Bifrost Chain and Filecoin network.
• After the bridge closed, vFIL can still be redeemed, but FIL will no longer be able to be immediately transferred back to the Filecoin network.

5️⃣ Phase 5 (After June 30, 2025)
• Decommission on-chain modules related to FIL cross-chain transfers
• Users can still use Bifrost governance proposals to cross-chain FIL back to the Filecoin network, although this process may take several months

💡It is highly recommended to complete vFIL redemption and cross-chain FIL to the Filecoin network BEFORE THE END OF PHASE 3 to avoid complications after the cross-chain service is halted.

All details in the blog article ⤵️
https://bifrost.io/blog/new-proposal-graceful-shutdown-of-vfil-service

Bifrost Announcement

06 Dec 2024 03:10

We are super thrilled to partner with Sake Finance, the All-in-One Integrated Liquidity Protocol on Soneium.

We are paving the way to offer our products at the mainnet launch on the best DeFi platforms and bring $vASTR on Soneium network in a near future.

Santé! Prost! 건배! Cheers! Kanpai! 乾杯! 🍶

Bifrost Announcement

05 Dec 2024 11:28

📡 Liquid Wave Reward Distribution

We’re here to share the finalized details for the Liquid Wave reward distribution. To ensure a smooth and fair process, please note the following:

1️⃣ Unified Reward Distribution:
All rewards for the Liquid Wave campaign will be distributed after the completion of all campaigns(LST Campers, vBNC Explorers, bbBNC Riders). This includes every stage and all associated tasks.

2️⃣ Linear Release Schedule:
The rewards will be released linearly over a one-year period through a vesting module. This means:
The rewards will be released with each block.
Users can claim their rewards incrementally as they are released.

3️⃣Claim Details:
The first reward distribution will begin shortly after the conclusion of the campaign.
Further details on the claiming process and exact timelines will be provided closer to the distribution period.

We appreciate your active participation in the Liquid Wave campaign and look forward to rewarding your contributions. Thank you for your support! 🫶🏼👌👌👌

Bifrost Announcement

02 Dec 2024 03:40

Bifrost Monthly Report - November Release 📚

🔸 Runtime 0.15.0 + 0.15.1: vBNC migration and SLPx optimization
🔹 #LiquidWave event series: http://wave.bifrost.io
🔸 DOT Unbonding subsidy program
🔹 Events in Bangkok during DevCon, #stakingsummit and #Polkadotsub0

And much more...

Full details in the Blog 📚
https://bifrost.io/blog/bifrost-monthly-report-november-2024

Bifrost Announcement

29 Nov 2024 11:58

Dear Liquid Wave participants,

LST Campers has now concluded 🚧
We want to thank everyone for joining this initial adventure, discovering our LSTs, and sharing the experience with friends.

🌊 The next Liquid Wave phase, BNC Explorers, will begin soon. Stay tuned for further information.
wave.bifrost.io

Bifrost Announcement

28 Nov 2024 15:35

Last day of phase 1 ⌛️
wave.bifrost.io

Bifrost Announcement

25 Nov 2024 13:37

📞 We’re excited to announce a new subsidy program for users unbonding DOT from nomination pools and classic staking!

With the recent reduction of the DOT inflation rate from 10% to 8%, a wave of DOT is being unlocked. We want to help maximize the benefits of unbonded $DOT during this transition!

By participating in our program, you can enjoy a remarkable potential cumulated return of up to 38.3% through the following triple rewards:

1️⃣ vDOT Base staking rewards (7d): 13.57%
2️⃣ vDOT on Hydration Liquid Boost: 13.79%
3️⃣ vDOT 28-Day Staking Reward subsidy: 11%

💧Liquid stake your DOT: https://app.bifrost.io/vstaking/vDOT

More details on X: https://x.com/Bifrost/status/1861024545848819940

Bifrost Announcement

12 Nov 2024 16:04

Word on the street from Bangkok: Hydration's Money Market is gearing up for a big launch soon™️ 👀👀.

We have replenished $BNC in the $vDOT farm waiting for that moment 🚜.
👉 TRIPLE farming is back!

Bifrost Announcement

08 Nov 2024 12:17

🌊 Bifrost Liquid Wave - LST Campers Has Officially Launched!

Jump into liquid staking tasks on Liquid Wave to earn WAVE points and unlock your share of a massive $BNC Prize Pool!

Start Here 👉 https://wave.bifrost.io

Tutorial in the X thread ⤵️
https://x.com/Bifrost/status/1854833951929778399

Bifrost Announcement

01 Nov 2024 10:22

Bifrost Monthly Report - October Release 📚

🔸 $vASTR nearing 37M+ staked ASTR
🔹 Tokenomics 2.0 event series: http://wave.bifrost.io
🔸 Bifrost Dapp's "Bring Your Own Gas" feature now supports more tokens
🔹 Dapp 1.9.2 update offers full support for EVM addresses
And much more...

Full details in the Blog
https://bifrost.io/blog/bifrost-monthly-report-october-2024

Bifrost Announcement

29 Oct 2024 03:17

Time to prepare one, and it's already obsolete 🥵
Many thanks to everyone.

Keep booking and inviting, you still have over 8 days to do so and secure your first 300 WAVE for you and your friends 👉 http://wave.bifrost.io

#LiquidWave

Bifrost Announcement

23 Oct 2024 12:06

Fellows, Bifrost's Liquid Wave is NOW LIVE!

Earn 300 WAVE securing your early-bird spot and 30 WAVE for each referral for the upcoming campaign!

BOOK NOW 👉 https://wave.bifrost.io

https://x.com/Bifrost/status/1849028010382594437

Bifrost Announcement

22 Oct 2024 12:07

Heads up folks,
A brand-new series campaign is on its way! 🌊

Embark on a journey through the Liquid Wave, exploring the new $BNC Tokenomics step by step while participating in Bifrost protocol revenue sharing.

Our Liquid Wave is rolling out in 3 thrilling campaigns before the end of the year: there’s no better way to celebrate Bifrost's upcoming Tokenomics revolution than by liquid staking with Bifrost!💧

Bifrost Announcement

21 Oct 2024 04:10

We've got a secret 🤫. Don't tell to everyone.

You can get more yields farming vASTR in the Hydration Omnipool
🔷 $ASTR 36.89% APR (double rewards)
🔶 $vASTR 41.09% APR (triple rewards) + 14.04% APY as staking rewards from composability

vASTR > ASTR (it's a secret 🤫)

See more threads here: https://x.com/Bifrost/status/1848040045648695799

Bifrost Announcement

17 Oct 2024 06:07

In case you missed it, we've posted our new Treasury proposal on Kusama for discussion.

This proposal is for the renewal of our 50,000 KSM loan with interest. Please engage and provide your feedback to the team 🤝.

Read more 👉 https://kusama.subsquare.io/posts/30

Bifrost Announcement

10 Dec 2024 13:33

We are super thrilled to partner with
KYO Finance , The Most Innovative Liquidity Hub on @soneium.

We continue to form partnerships to ensure our products are available on leading DeFi platforms at the mainnet launch, which is happening soon™️.

https://x.com/Bifrost/status/1866454852186059175

Bifrost Announcement

05 Dec 2024 19:18

You've got Liquid Wave, the Subsidy Program, and now the Talisman quest too! ✋

Talisman, one of our RSP partners, has crafted a special DOT quest. Head to http://quest.talisman.xyz/ and begin your journey.

Talisman XP from the quest will be converted into BNC rewards.

All details in Talisman's X thread:
https://x.com/wearetalisman/status/1864683494678647210

Bifrost Announcement

04 Dec 2024 14:33

🚀 vBNC farming pool is now live on Bifrost-Polkadot!

Following the successful migration of vBNC from Bifrost-Kusama, we're thrilled to announce 2 new active farming pools on Bifrost-Polkadot:

1️⃣ vBNC - BNC (migrated from Bifrost-Kusama)
2️⃣ BNC - USDT (new pool on Bifrost-Polkadot)

Why farm in vBNC pool?
🔸 Maximized Yield: earn extra 12.28% in the farming pool
🔸 Enhanced Liquidity: seamless access to swap and low slippage
🔸 Support Eco Growth: contribute to deeper liquidity & utility

Turn your vBNC into a powerful earning!
https://app.bifrost.io/farming?network=polkadot

Full X thread
https://x.com/Bifrost/status/1864300805148614954

Bifrost Announcement

30 Nov 2024 11:17

🚀 vBNC Migration is Completed!

vBNC operations were moved from Bifrost-Kusama to Bifrost -Polkadot, enhancing composability, liquidity, and strengthening the ecosystem.

BNC Liquid staking is now available on Bifrost-Polkadot!
👉 https://app.bifrost.io/vstaking/vBNC

All detail in the X thread
https://x.com/Bifrost/status/1862466860379513321

Bifrost Announcement

28 Nov 2024 19:40

🚀 Bifrost-Polkadot Collator is Live!

The new era of decentralization starts on Bifrost-Polkadot! We are launching BNC Collators on the Bifrost-Polkadot network, featuring BNC liquid staking and redemption.

🧵 Dive into the key updates:
https://bifrost.io/blog/bifrost-polkadot-collator-is-live-a-new-era-of-decentralization

Bifrost Announcement

26 Nov 2024 06:10

To ensure the migration of $vBNC and the subsequent launch of bbBNC, we've proposed an alternative solution: a snapshot-based vBNC migration process. Migrate vBNC from Bifrost-Kusama to Bifrost-Polkadot within a week.

Please be note that we will stop the vBNC minting, redemption, collator rewards and farming incentives on Kusama tomorrow.

Know more about the migration details: https://bifrost.subsquare.io/posts/93

Bifrost Announcement

14 Nov 2024 03:30

DeFi Renaissance by AAVE is packed 😱

But only a few protocols can truly claim to be part of it, i.e activating fees for protocol coins owners (Uniswap, Ethena...).

🥞 $bbBNC is going to make it real for $BNC: BuyBack & Burn + protocol revenue sharing.

Just stake on Bifrost.

Bifrost Announcement

09 Nov 2024 13:13

🏕 LST Campers Tutorial 🏕

- Duration: Nov 8 - Nov 29
- Prize pool: 150,000 $BNC
- Complete Liquid Staking tasks on http://wave.bifrost.io
- OpenGov Voting: Earn an extra 10% bonus on staking points (Substrate Wallet Only)
- Convert past Raindrop points to WAVE at a rate of 100:1

More details ⤵️
https://bifrost.io/blog/liquid-wave-campaign-phase-i-experience-liquid-staking-magic-and-earn-wave-points

Bifrost Announcement

05 Nov 2024 13:31

🚨 Final Call! 24h left 🚨

🏕️ Our 1st LST Campers series campaign kicks off tomorrow on November 6th.
Have you prepared your tokens ?

Get ready to dive in, stake, earn WAVEs and farm to grab your BNC rewards pool share!

Don't miss out on this exciting journey to $bbBNC 🥞!
wave.bifrosst.io

Bifrost Announcement

31 Oct 2024 04:14

As you should know now, $bbBNC will play a key role in governance on Bifrost, users retaining their Gov rights while locking vBNC to receive the new profit-sharing token, bbBNC 🥞.

Here is a full reminder of the Gov mechanisms in this blog article 🗞

https://bifrost.io/blog/understanding-bifrost-governance-mechanism-part-one

Bifrost Announcement

25 Oct 2024 13:44

8,369,032 staked #DOT through Bifrost. What next?!

Mint on http://app.bifrost.io/vstaking/vdot 💧
🔸 Stellaswap Liquidity incentives
🔹 Hydration double farming pool
🔸 Leverage Staking up to 4x
🔸 Zenlink Eden LP pools to secure yield

Enjoy composability 🧠

More threads: https://x.com/Bifrost/status/1849752805021737200

Bifrost Announcement

23 Oct 2024 07:25

Hey everyone! Just a quick reminder to mark your calendars for the two upcoming AMAs!

1️⃣ RealMoonlightShow x Bifrost: October 23rd at 12 PM UTC
Check it out here!

2️⃣ Metablockchain x Bifrost: October 24th at 11 AM UTC
Catch the details here!

Looking forward to seeing you all there!

Bifrost Announcement

22 Oct 2024 04:07

Bifrost Dapp 1.9.2 Live!

🔷 Full support for EVM addresses
🔸 Support for ETH cross-chain between Bifrost and Asset Hub
🔷 Display optimization of the overall vToken redemption queue
🔸 Display optimization of completed Farming cards

More details in the threads⤵️

https://x.com/Bifrost/status/1848303402788274281

Bifrost Announcement

18 Oct 2024 14:06

Staking Summit is the largest staking conference in the world.

Following edition #2 in Istanbul 🕌, we're excited to keep flying the Polkadot flag for edition #3 in Bangkok 🐘.

Check out this line-up of attendees & speakers below 😱

Get your tickets on: https://stakingrewards.com/summit

Bifrost Announcement

15 Oct 2024 04:07

Let’s Fearlessly Go Mainstream with Astar and Soneium!

We’re ready. Are you?

LFGM now ▶️ https://lfgm.astar.network
LFGM later ▶️ $vASTR on Soneium
LFGM forever 🙌