Bifrost 2nd Mint Drop Event Tutorial

Bifrost Finance
3 min readFeb 5, 2021

Personal Computer

Step one: Visit the Bifrost 2nd Mint Drop event at https://vtoken.io/drop and make sure you understand the rules of this event.

Step two:Imput the number of minted ETH, click mint and share BNC to start minting.

Step three: Bind your BNC/DOT/KSM address in order to receive BNC rewards, or create one if you do not have one.

Step four:Bind your existing address.

Mobile App

Step one: Go to imToken APP > Browse > vETH Minting

Step two: Imput the number of minted ETH, click mint and share BNC to start minting.

Step three: Bind your BNC/DOT/KSM address in order to receive BNC rewards, or create one if you do not have one.

Step four: Bind your existing address.

What is Bifrost?

Bifrost is the Polkadot Ecological DeFi basic protocol. It is committed to becoming an infrastructure for pledged assets to provide liquidity. It has launched a derivative vToken for Staking and Polkadot Parachain Slot (PLO). It has obtained $2.15M in fund-raising from NGC, SNZ, DFG, CMS and other institutions and Web3 Foundation Grant. It is also a member of Substrate Builders Program and Web3 Bootcamp.

vToken can optimize transactions in multiple scenarios such as DeFi, DApp, DEX, CEX, and realize the transfer channel of pledge rights such as staking and PLO through vToken, realize the risk hedging of pledge assets, and expand scenarios such as vToken as collateral for lending, its staking reward part of the interest can be offset to achieve low-interest loans.

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Bifrost Finance

Bifrost Finance is a parachain designed for staking’s liquidity