Bifrost upgrades Substrate to RC6 version simultaneously, Weekly Report 23

Development

  • Upgrade Substrate to v2.0.0-rc6 version
  • Integrate rococo-branch to support rococo parachain testnet
  • Improve bifrost-xt, decode runtime event
  • validator block finanlized failed problem location
  • IOST tx sign & verify
  • Bifrost dapp debug

Community

  • The Bifrost Discord Group was established, and Asgard CC2 technology supporters joined and discussed as the first term members.
  • Bifrost Asgard CC2 incentive activity data was announced, EOS cross-chain and validator has filled in new data records and passed functional verification.
  • Bifrost has established a partnership with Onfinality and supports the operation of the Asgard nodes of the Bifrost test network.
  • On August 28th, Bifrost announced the recruitment plan. job seeker can send your resumes to the official account or Bifrost email join@bifrost.finance
  • According to the event calendar, from Wednesday to Friday, Bifrost was invited to participate in Polkadot ecological events hosted by Hyperpay, jinse, Mathwallet, and Bishijie.

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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