Bifrost New White Paper Released, Weekly Report 29

Development

  • Fix some potential bugs from Bifrost => EOS.
  • Bifrost-eos-relay add signers to sign EOS => Bifrost cross-chain transactions.

Ecosystem

  • l On October 26th, Bifrost co-founder Lurpis introduced the project and celebrated the graduation of Web 3.0 Bootcamp with our partners at the Polkadot Night event. The partners who won BNC at the event will be rewarded next week.
  • On October 27th, Bifrost released a new whitepaper detailing project implementation options, typical businesses, economic models, Roadmap, and more. Check link: https://medium.com/@bifrost_finance/bifrost-new-white-paper-released-5c84dcbe5b16
  • On October 29th, Bifrost co-founder & CEO Lurpis was invited to Web3 Forum hosted by Web3 Foundation. Lurpis said that the strength of decentralized finance is its openness and composability, and that the nature of parachains will make composability more obvious and allow for more innovative ways to play.
Bifrost CEO Lurpis in Web3 Forum
  • On October 30, Bifrost × BML, the live video event was a great success! Bifrost CEO & Co-Founder Lurpis shared a recap of the Web3 Conference and Wanxiang Blockchain Week during the stream, as well as Bifrost’s latest news.

What is 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.

Bifrost Finance is a parachain designed for staking’s liquidity

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