Bifrost Dapp has entered the internal testing phase, Weekly Report 22

Development

  • The bifrost-eos-relay subxt is upgraded to 0.11.
  • Statistics Asgard CC2 on-chain data script
  • IOST transfer bridge development
  • Runtime upgrade Off-chain worker problem fix
  • Bifrost Dapp front-end development

Ecosystem

  • Settlement of the first Bifrost WiKi translation award. Count the number of paragraphs and words translated by the translator of each article, check the translator’s information and Bifrost’s address, and issue BNC rewards on August 18.
  • At 12 am on August 21, the Asgard CC2 Node Campaign officially ended. Bifrost counts the data on the EOS testnet chain. Team will announce the results of the competition on the reward announcement page. The rewards will be issued within a week. More details https://rewards.bifrost.finance/
  • Collect and sort the problems and bugs reported by users in the Asgard CC2 node competition, and analyze the problems and make solutions at the event review meeting.
  • Launch the Bifrost team recruitment plan. This week, we pre-interviewed overseas community managers, and conducted interview selection work for the Bifrost Telegram community through Zoom.
  • Bifrost Dev Jamie Deng was invited to participate in a piece of “Introduction to Substrate “ held by the One block+ community to share the theme “Substrate Runtime Upgrade and Decoupling”.

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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Bifrost — One Stake, Endless Opportunities.
Bifrost — One Stake, Endless Opportunities.

Published in Bifrost — One Stake, Endless Opportunities.

Bifrost is a Liquid Staking app-chain tailored for all blockchains, utilizing decentralized cross-chain interoperability to empower users to earn staking rewards and DeFi yields with flexibility, liquidity, and high security across multiple chains.

Bifrost
Bifrost

Written by Bifrost

The Liquid Staking Standard for Any Chain.