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…

Foreword At 8:17 am UTC on July 20, the auction for the first batch of Kusama parachain slots has come to an end, with Bifrost successfully bidding for the 5th slot in the first batch of Kusama parachain with 142,430.9241 KSMs, higher than the number of KSMs bid for the first…

Since BNC is the common native token of Bifrost Kusama and Bifrost Polkadot, Bifrost assets will complete cross-chain interoperability through the Bifrost Kusama <> Bifrost Polkadot bridge in the next few months. …

Technological Developments Bifrost v0.9.46 Supported vMOVR asset in SLP protocol Launched System Staking pallet Fixed srtool Bifrost v0.9.48 Launched Asset Registry pallet Fixed farming module Fixed potential numeric value overflow Bifrost v0.9.50 Launched Bifrost-polkadot runtime Fixed proposal hash Bifrost v0.9.52 Added Bifrost-rococo runtime for testing purpose Updated dependencies to Polkadot v0.9.26

In a time when DeFi products are being created on a daily basis and existing ones are being developed further from their alpha versions, there is a greater need for more flexibility in the core function of a protocol. — Older mechanisms like the static staking protocol of the Kusama Relay Chain gives the user very limited possibilities to actively manage their funds. Although being proven and reliable, this limits active users in their versatility and in their possibility to achieve greater yields with their investment capital. …

The second round of KSMs in the Kusama Crowdloans will be released on August 8th 2022, with approximately 1,251,097 KSMs to be unlocked at this time. As first Kusama and later Polkadot demonstrated, this Crowdloan model is an efficient way to bootstrap a project. …

We’re thrilled to announce that HRMP(XCMP-Lite) channels have been opened between Bifrost and Crab Parachain, and BNC and the CRAB token will be available on each other’s networks soon. Once BNC is deposited on Crab, it can be used across Crab’s ecosystem; CRAB will be used in Bifrost’s single-platform DeFi…