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 v0.9.82 vToken adds support for relay chain OpenGov voting Fixed the problem of reduced BNC issuance caused by SLPx cross-chain transactions OpenGov Referenda voting belief base value reduced to 1 day Bifrost - Polkadot goes online on OpenGov Increase OpenGov governance Decision Deposit to 10 times the current size Cross-chain handling…

Web3 has evolved into a multi-chain ecosystem, comprising hundreds of L1 blockchains, along with various Layer2 solutions, subnets, parallel chains, and application-specific chains. While this proliferation has spurred innovation and blockchain adoption, it has also led to fragmentation, with applications, assets, liquidity, and users spread across different chains. Although cross-chain…

Six months have passed since the Shanghai Upgrade, and the much-talked-about LST Wars show no signs of abating. With a colossal market capitalization, this sector stands as a hotly contested battleground within the DeFi landscape. On one front, established giants like Lido and Rocket Pool engage in ceaseless disputes, while…

Bifrost will support the Energy Web Crowdloan to win a parachain slot on Polkadot. Energy Web is a global non-profit on a mission to accelerate the energy transition by developing and deploying open-source Web3 technologies that help companies unlock business value from clean and distributed energy resources. Although business models…

Developments Bifrost v0.9.80 • Added Stable Swap module • Fixed the issue of decreasing total supply of BNC • Adjusted parameters and permissions of OpenGov • SLPx now supports custom setting of vToken receiving address • vGLMR/vMOVR now supports xcm-v3 automatic confirmation logic • Optimized and iterated vsToken buyback • Adapted SLPx Swap…