Bifrost Dapp Beta will be released on April 13, Weekly Report 49

Development

Bifrost Dapp

  • Bifrost subql api upgrade
  • Deploy telegram-faucet
  • Optimization result callbacks
  • Asset amount too small issue
  • Real-time balance update
  • Optimize insufficient fee logic
  • Event Subscribe & Message & History merge
  • Swap to Zenlink
  • Home page select currency, keep when refreshing/switching page
  • Fix DOT balance equal to vDOT
  • Default language set to English
  • Update data when switching accounts
  • Configure different Network environment independently
  • Test network ASG related icon logic replacement
  • BNC main network credential data reading
  • Deployment of SubQuery Playground

Bifrost SALP

  • Runtime module development
  • Docking cross-chain functions
  • API interface development and interfacing
  • Front-end page development
  • Development of Substrate Bancor Algorithm Module
  • Mobile Adaptation

Mint Drop

  • vETH api upgrade
  • DLP on-chain data synchronization, fix mongo-cli connection overload issue

Ecosystem

  • On April 6, Bifrost co-founder Lurpis was invited to participate in the AMA’s What to Know About Kusama Slot Auction hosted by MXC Exchange, where the community chatted with Acala and Manta eco-project guests about the auction and the progress of the auction preparation.
  • The international panel Current DAO Governance Status and Future Prospects held by SubDAO was held on April 7, where Bifrost Product Manager Tyrone presented his vision of the future of DAO and the application of DAO. For more information: https://subdao.medium.com/d984093f285
  • On April 9, the Bifrost vETH Hold Airdrop event ended with a total of 10,545.177 vETH participating in the airdrop, and the vETH to ETH exchange ratio increased to 1:0.904506. vETH DODO liquidity mining is also available at the same time. https://vtoken.io/drop

What is Bifrost?

Bifrost is the Polkadot Ecological DeFi basic protocol. It is committed to becoming an infrastructure for pledged assets to provide liquidity. It has launched a derivative vToken for Staking and Polkadot Parachain Slot (PLO). It has obtained $2.15M in fund-raising from NGC, SNZ, DFG, CMS and other institutions and Web3 Foundation Grant. It is also a member of Substrate Builders Program and Web3 Bootcamp.

vToken can optimize transactions in multiple scenarios such as DeFi, DApp, DEX, CEX, and realize the transfer channel of pledge rights such as staking and PLO through vToken, realize the risk hedging of pledge assets, and expand scenarios such as vToken as collateral for lending, its staking reward part of the interest can be offset to achieve low-interest loans.

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Bifrost is DeFi project for PoS tokens, that include staking and liquidity both. You can get vToken for operations + staking reward from the Day 1 of nomination.

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