Bifrost collaborates with Enkrypt to enable derivatives management for its users.

Bifrost Finance
2 min readNov 14, 2022

We’re proud to announce that we have collaborated with Enkrypt, a Web3 multi-chain browser wallet with native Bifrost support. Using Enkrypt extension, users can easily send, receive, swap, and manage tokens and NFTs on Bifrost or multi-chains and access cross-chain liquidity for staking on Bifrost Dapp.

Users can also experience all functionalities available on Bifrost, including vKSM minting, vDOT minting, vGLMR minting, vMOVR minting, Zenlink Swap, LP and single-token farming pools, and much more, when using Enkrypt’s insider function Feature Dapps.

About Enkrypt

Enkrypt is a multi-chain, non-custodial, and open-source web3 wallet developed by MEW (MyEtherWallet), the same team that has made Ethereum secure and easy-to-use since 2015. Enkrypt allows users to manage all their crypto assets and access favorite DApps across multiple chains and ecosystems including Ethereum/EVM, Dotsama, and beyond.

Enkrypt enables multi-chain convenience like never before by allowing account and chain switching with a single click, with one recovery phrase for all accounts. Featuring hardware support, phrase import, and multiple accounts across various networks, Enkrypt is a wallet that helps users all the way through their experience on the Web3.

About Bifrost

Bifrost is a Web3 derivatives protocol that provides decentralized cross-chain liquidity for staked assets. By leveraging on the cross-consensus message (XCM) it can provide cross-chain liquid staking services for multiple chains.

Bifrost’s mission is to provide standardized cross-chain interest-bearing derivatives for Polkadot relay chains, parachains, and heterogeneous chains bridged with Polkadot. Furthermore, by aggregating over 80% of PoS consensus chains’ staking liquidity through cross-chain derivatives, our protocol lowers users’ staking threshold, increases multi-chain staking ratio, and improves the application of the ecosystem interest base, by creating a three-way positive cycle for the StakeFi ecosystem by empowering users, multi-chains, and ecosystem applications.

Bifrost has raised over USD 2M from top-tier venture capital firms by the likes of NGC, SNZ, DFG, CMS and other institutions. In addition to being an early receiver of a Web3 Foundation Grant, Bifrost is also a member of the Substrate Builders Program and the Web3 Bootcamp.