Bifrost Ambassadors been successfully elected, Weekly Report 31
- Channel Incentives: Count the number of sponsors and issue commissions after vTokenmint.
- PLO Module Development
- Jenkins missions correspond with TAPD.
- Develop the function of yield farming in trading pool .
- Bifrost supports muti-versions of Runtime.
- DApp & Bifrost. js
- Push the test network to the Polkadot official.
- Push Vercel, the online test environment of Dapp.
- Solves the problem of page latencies through refactoring.
- Bug handling and optimization.
- November 11, Mars Video stream “Ethereum 2.0 First to Lighten the Sword, Can Polkadot Overtake? ” invites Bifrost Co-Founder Lurpis to share the Latest Progress of Polkadot and Bifrost.
- November 12, Bifrost went to 4th Polkadot China Tour in Nanjing, discussed with Darwinia, Crust, Opensquare, Litentry about “Blockchain’s applications, practices, difficulties and expectation”
- Bifrost 2nd Ambassadors have been successfully elected, there were 6 new ambassadors came out and they will build Bifrost together in community, article translate, activities, etc. The 2nd Bifrost ambassadorial meeting took place online as scheduled and it was decided to announce the results next week.
- November 13th, Bifrost product manager Tyrone was invited by Coinwin Consensus to participate in the live broadcast of the 8th episode of “The Evolution of Polkadot, is the Next Wave of DeFi? ” to share his insights on the evolution of Polkadot and giveaway Bifrost limited edition bags.
- The submission period for Bifrost’s first video contest has closed, and we are now in the video voting phase, and according to the rules of the contest, Bifrost will award different BNC prizes by videos voting rank.
- Upgraded Bifrost WiKi event session. For more information on public events and event awards, please refer to: https://wiki.bifrost.finance/zh/events/finished/event-18.html
What is Bifrost ?
Bifrost is the DeFi project for PoS tokens, that include staking and liquidity both. It allows to get vToken for operations and delivering liqidity, plus you got staking rewards all the time your DOT, KSM,EOS or other token blocked by the smart-contract. You get reward from the Day 1 of nomination, without locking periods and can change your, for example, vKSM for KSM any time. BNC is the native token of Bifrost.
vToken can optimize transactions in multiple scenarios such as DeFi, Dapp, DEX, etc. When vToken is used as a collateral for lending, its staking income can offset part of the interest and realize low-interest borrowing.
With vToken you can hedge the risk of locked positions, DeFi & Staking double rewards and leverage Staking and other application scenarios.