Asgard CC3 Incentive Testnet Guide (Validator)
Dear Friends, Following the Bifrost CC2 Incentive Testnet on July 21, the Bifrost Asgard CC3 Incentive Testnet will be launched on September 24 at 12:00 p.m (UTC+8). Bifrost respectively released the Asgard CC1 and CC2 on May 21 and July 21. Two versions of Incentive Testnet, completing EOS crosschain, vToken exchange, Validator and other functional tests respectively. The development iterations of Bifrost were tested for several types of edge issues that were not easy to find, and will be professionally audited by a third party after Bifrost has completed most of its self-testing and public testing.
We’ve posted instructions for the Asgard CC3 Test Incentive campaign module and prize rules on September 21, and the guys can browse the previous article to learn about the overall rules of Asgard CC3 with a preview.
This Asgard CC3 Incentive Testnet is divided into 3 phases.
Phase I: 24 September 12 pm
Validator Block Incentive
Phase II: 30 September 12 pm
Crosschain Test (Bifrost Dapp)
Phase III: 10 October 12 pm
vToken exchange (KSM, DOT, Bifrost Dapp)
Note: This Validator module has a certain technical threshold. Please familiarize yourself with the relevant knowledge of nodes and computers before participating. Note: This activity module has a certain technical threshold, please be familiar with the nodes and computer knowledge before participating. It is not recommended for novice computer users.
Validator Guide Steps
Step 1: Create a Bifrost address. Tutorial for Address creating:
https://wiki.bifrost.finance/zh/help/bnc-wallet-register-tutorials.html
Step 2: Enter the Bifrost Faucet telegram group, which is limited to one pickup per account per 24-hour period, in the form of /want bifrost address, as described in the telegram group.
Group Link: https://t.me/bifrost_faucet
Step 3: View the Validator tutorial:
https://wiki.bifrost.finance/zh/help/validator-tutorial.html
Step 4: After a successful run, open the Bifrost Dash and select > Network > Staking > Waiting to see your own validator nodes in the queue.
https://dash.bifrost.finance/#/settings
The above is the Guide of Validator in Asgard CC3. During this event, friends are welcome to communicate in the group at any time and share their experience with technology.
What is Bifrost ?
Bifrost is the DeFi project for PoS tokens, that include staking and liquidity both. It allows to get vToken for operations and delivering liqidity, plus you got staking rewards all the time your DOT, KSM,EOS or other token blocked by the smart-contract. You get reward from the Day 1 of nomination, without locking periods and can change your, for example, vKSM for KSM any time. BNC is the native token of Bifrost.
vToken can optimize transactions in multiple scenarios such as DeFi, Dapp, DEX, etc. When vToken is used as a collateral for lending, its staking income can offset part of the interest and realize low-interest borrowing.
With vToken you can hedge the risk of locked positions, DeFi & Staking double rewards and leverage Staking and other application scenarios.
Website https://bifrost.finance/
Github https://github.com/bifrost-finance
Telegram https://t.me/bifrost_finance
Medium https://medium.com/@bifrost_finance
Twitter https://twitter.com/bifrost_finance
