Bifrost Finance will launch the first round of whitelisting soon, along with their second round of Web3 program of incentives for their native blockchain users, known as the Rainbow Boost. — The Rainbow Boost Program On May 16, Bifrost launched its first Rainbow Boost Program: A system of tagging, rewarding and incentivizing the behavior of addresses on the Bifrost chain. …

Polkadot’s NPoS Consensus Mechanism On May 1, Solana officials tweeted out another crash of its mainnet Beta. Judging from the 6 crashes in January 2022, public chains under the PoH mechanism still need more time to conquer the market. Among the many consensus mechanisms in today’s blockchain, PoW and PoS consensus mechanisms are still…

Bifrost has been through a lot of practice in the related protocols and business after being linked into the Kusama relay chain as a parallel link. Among them, the SALP business has achieved great success after its launch. At present, SALP has successfully helped Bifrost bid for slots and supported…

Bifrost is a DeFi parachain uniquely designed to utilize derivatives models to unlock users’ liquidity of their staked assets. As a foundation, Bifrost has designed and tailored a liquidity release mechanism for multiple staking scenarios and introduced the native staking derivative vToken. Please refer to “New DeFi Track: How to…

We’re excited to feature as exhibitors at Asia’s premier crypto event! TOKEN2049 attracts every year, thousands of global crypto stakeholders to share their views on the market. …

We are happy to announce our support for the OAK Network Crowdloan through our Slot Auction Liquidity Protocol (SALP). — OAK Network is the Web3 hub for DeFi and payment automation, providing secure and trustless payment infrastructure for DeFi and recurring payments across protocols. OAK’s design provides trustless automation, allocating block space and maximizing gas to store, initiate, and carry out transactions across connected blockchains.

We’re excited to announce the launch of vDOT, a yield-bearing DOT derivative aimed at maximizing locked liquidity and DeFi earning strategies in the Polkadot ecosystem. The Staking Liquidity Protocol (SLP) protocol launched by Bifrost Finance this year is a Staking derivative protocol provided for the Polkadot ecosystem and other PoS…

Technological Developments Bifrost v0.9.52 Upgrade the dependent library to polkadot-v0.9.26 Biforst-k-rococo runtime launched Support the new version of flexible fee Bifrost v0.9.54 Upgrade parachain staking module Add weight generated by benchmark to each module Add RPC interface of Polkadot runtime Bifrost v0.9.56 Update Asset Registry pallet vsDOT migration support vDOT/vGLMR support Bifrost Polkadot online business pallet

In this second part of the vsToken series, we will analyze the vsBond and its impact on the Slot Auction Liquidity Protocol on Bifrost. — Intro DeFi markets in all ecosystems are maturing as they continuously improve and innovations are implemented on a monthly basis. Although a lot of new functions are provided, bond markets seem to be on hold. Besides, as a tool for increasing protocol liquidity in rebase token projects, they were simply a…