Bifrost KSM Airdrop Delivery Statistics | Weekly Report 04

Latest News

With the end of the two rounds of airdrops and the POC2-Testnet node activity this week, event participation data and rewards have started to be calculated and distributed. Among them, the POC2-Testnet node activity rewards have been counted, and it is expected that the Bifrost address will be collected from everyone in the next version of the Testnet and BNC will be issued, which can be exchanged after the mainnet launch. In addition, the data of KSM airdrop participation is still in the statistics. We will announce the award list and public on Medium before April 7. Congratulations to the friends who won the award, please check your rewards ~

Operation Week’s Work

  • Production of the first Bifrost AMA event plan

Development Week’s Work

  • bridge-eos-relay

1)Upgrade from EOS 1.8.6 to 2.0.4

2)FFI partial upgrade depends on substrate 2.0.0.alpha-4

3)Cross-chain testing and contract compatibility testing after upgrade

  • POC2 Testnet BNC credential module development

What is Bifrost?

Bifrost is a Parachain designed to liberate Staking liquidity. Users can convert PoS currency to Bifrost vToken through Bifrost bridge at any time to obtain Staking income and liquidity.

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.

Bifrost Finance is a parachain designed for staking’s liquidity