After completing the Goerli testnet check and code audit, we upgraded the vETH2.0 contract on the Ethereum mainnet on April 6th. What has changed: The swap rate of vETH/ETH officially increased to reflect the benefits of staking. Users can convert vETH1.0 with vETH2.0 …

On the first part of this series, we listed several derivative applications of vTokens, including scenarios such as splitting, combining, and repackaging of vTokens. This article will list the extended function modules we are looking forward to based on vTokens. …

Web3 is making simpler for developers to create services using existing products. As a basic asset of the DeFi world, the vToken will be combined into other products allowing the growth and spread of more use-cases based on vToken features and possible applications. This article intends to enlist these possibilities…

Bifrost opened the FIL liquid staking and vFIL/FIL farming portal on March 28th at 6 pm HK time (UTC+7). All FIL holders can mint vFIL and stake FIL liquidity to earn Staking rewards while releasing liquidity through vFIL and participating in vFIL/FIL farming to gain additional revenue. Bifrost FIL liquid…

Developments Bifrost v0.9.74 Adjust Bifrost on-chain transaction fee price Upgrade flexible fee to support more tokens as fees Add a new validator boost list in SLP module to optimize the staking validator management process Fix farming boost Add filter to transact for cross-chain calls Dapp 1.8.1 update Add marks for minting tokens in different channels Optimize…

Since Balancer’s Composable-Stable Pools market-making algorithm is applicable to correlated token pairs like vETH/WETH, Bifrost Team has migrated the vETH/WETH liquidity pool to Balancer. On May 26, our vETH/WETH Stable Pool reached $1,623,360 TVL and accumulated $2,877,586 Volume on Balancer. …

In Norse mythology, Asgard is the dwelling place of the gods. House of Norse gods such as Odin, Thor, and Loki, Asgard also welcomed humans who fought along gods in the war to protect the Earth from the forces of darkness. Bifrost is the rainbow bridge that connects Earth with…

The DeFi Summer will go down in history as one of the most disruptive changes in the cryptocurrency world. It brought enormous liquidity and infrastructure growth to decentralized finance (DeFi) and provided rapid access to wealth for many investors. Although DeFi was born in 2018, it reached unprecedented levels during…

Developments Dapp 1.8.1 Launch vETH 2.0 Launch vETH Farming The cross-chain transaction structure is upgraded to XCM v3 v0.9.72 XCM dependency upgraded to XCM v3 version SLP protocol is adapted to XCM v3 to confirm the status of cross-chain calls automatically. SALP protocol adapts to XCM v3 to automatically confirm the status of cross-chain…