Bifrost Asgard CC3 Incentive Testnet is live this Week, Weekly Report 26

Development

  • Upgrade Bifrost to Substrate 2.0.
  • Compile and deploy Asgard CC3 node network
  • Restructure cross-chain transaction queues in bridge-eos to optimize calls to Offchain Worker
  • Fix bifrost partial package alias error and fix Clippy Warnings
  • Front-end interface to Tokenapool pages
  • Validation Node Integral Summary Script

Ecosystem

  • Bifrost × Doter × bihu, the live video event was a great success! In the live broadcast, users participated 80,023 times and the total duration of user participation was 40,805.426 hours, of which 5200 web visitors participated, 10,581 web visitors participated, 6621 people were followed to the Bifrost News, 9 new WeChat communities were builded, and 4275 people were added in total.
  • Asgard CC3 Testnet Pre-arrangement and PR. Updating Bifrost Asgard CC3 Incentive Testnet Validator Tutorial. Building Up Bifrost Asgard Validator Telegrams Group. https://t.me/asgtestnet
  • On September 24th, Bifrost participated in the CoinKoala Event, “Polkadot Crosschain Eco-Forum, Polkadot Connects Blockchain Isolated island” and shared the highlights of the Bifrost project and the current progress of the Bifrost Dapp at the event.
  • On September 25th, Bifrost participated in Polkadot’s China Tour Shanghai Roundtable, Polkadot Ecological DeFi Application Imagination, and shared with Zenlink, Crust, Darwinia and Chainlink at the Polkadot Ecological DeFi Application Imagination.
  • Bifrost Co-Founder Lurpis was Invited to PolkaVerse Community Governance Discussion on September 26, where he shares the topic of on-chain governance and DAO

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.

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