Bifrost has accessed to Rococo v1 testnet, Weekly Report 46

Bifrost Finance
Mar 16 · 3 min read

Rococo v1

Cooperate with rococo v1 network restart

Submit a proposal to deploy the bifrost finishing program and rococo verification program, and successfully access the rococo v1 network

Conduct asset cross-chain preparation for joint debugging in Rococo v1 with Zenlink

Asgard CC4

POA validator management

Development documentation update

POA network stability and function test

Governance module and Rumtime upgrade process document update

substrate-api-sidecar integrated with txwrapper

Substrate version upgraded to 3.0.0, optimized upstream network connection stability

subql compatible asset module

Bifrost Dapp

Asset management data and transaction interface

transfer, crosschainIn, crosschainOut, AssetDrawer modal

Market page

lottie animation support

Function test and page walkthrough

Add unopened modules coming soon

Mints

Optimized revenue display panel

Liquidity incentive module

Development of vETH and DLP coin age modules at a specified time

vETH transaction synchronization service adds transaction event Redis cache synchronization

Coin age whitelist development

Ecosystem

  • The third issue of “Card Slot Auction Strikes, Polkadot Ecological Explosion”, hosted by Gyro Finance, was broadcast live on the VR virtual world Decentraland on March 10. Bifrost product manager Tyrone said “DeFi infrastructures and bridges are basic components while Polkadot starts its ecosystem, details: https://www.tuoluocaijing.cn/polkadot/detail-10045449.html
  • On March 11th, the second AMA of the Polkadot Parachain series held by PolkaWorld invited Bifrost co-founder Lurpis to share “Bifrost’s bidding plan for slot”. The live broadcast lasted 65 minutes, a total of 1,854 viewers, and 149 video sharing. The reward list for this event has been released. For details, please check: https://mp.weixin.qq.com/s/mcLNJM2ydnrmD9c3gB3DgQ
  • After the parachain is officially connected to the Polkadot relay chain, the value of the Polkdot’s ecological landscape will gradually manifest. Bifrost has reached a strategic cooperation with the Polkadot privacy infrastructure Phala Network on March 11. In the future, the two parties will cooperate on pledge derivatives and privacy protection consensus, which will bring creative way to pledge liquidity and parachain auctions. Details: https://mp.weixin.qq.com/s/JhYrGqoTthVY-klzg_AlEw
  • According to the status of the Rococo v1 parachain, Bifrost has successfully connected to Rococo v1 and is undergoing parachain testing. According to Gavin Wood’s previous reply in the Element channel “Rococo will gradually increase to 200 validators to confirm that the network layer is working well. If it goes well, the code will be integrated and deployed on Kusama after this, which is expected to be completed within a few weeks”. Details: https://www.chainnews.com/news/042224356264.htm

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.

Bifrost —  DeFi for PoS. Staking and Liquidity.

Bifrost - DeFi for PoS. Staking and liquidity. Get your vToken + staking reward.

Bifrost —  DeFi for PoS. Staking and Liquidity.

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.

Bifrost Finance

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Bifrost Finance is a parachain designed for staking’s liquidity

Bifrost —  DeFi for PoS. Staking and Liquidity.

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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