Launched Asgard Test Network vTokenmint and AMA Conclusions, Weekly Report 27
- Finalized Stop issue tracking
- EVM Runtime access test
- Dapp page testing, issue tracking and validation
- Resolved the problem that Transaction Would Exhaust The Block Limit when upgrading online.
- Upgrade Runtime to resolve vToken trading issues and EOS trading cross back issues.
- Launching Asgard test network vTokenmint and testing EOS test network cross-chain, deploy vTokenmint public tutorial on WeChat. The number of vTokenmint (vDot+vKSM) is 4,825,632 by 13:30 on October 16, data details: https://rewards.bifrost.finance/
- On October 15th, Acala, Bifrost, ChainX, Crust, and Darwinia were invited to participate in Polkadot AMA host by BigOne for a live online: “How to Become the Project Star.” The stream had 4600 views (PV), 1106 views (UV), and 162 hours of total viewing time. Video link: https://play.yunxi.tv/livestream/flash?id=7666ee4c37b5437b8a3e1e058100e516#/
- On September 30th, Bagua Blockchain × Bifrost held a WeChat Community AMA and Weibo online lottery, 10 lucky winners won 1000 BNCs. The list of winners has been displayed and expected to be rewarded by the end of next week. More Info: https://shimo.im/sheets/TYRpYhdycgcpXkRr/MODOC
- On October 13, Bifrost WiKi News updated AMA Q&A roundup (issue 14): “DeFi Applications Imagination — Polkadot China Tour (Shanghai)”. Please check: https://wiki.bifrost.finance/zh/news/ama-14.html
- Preparing for the first overseas AMA of Telegram community and Youtube video contest. This week we have released the AMA Questions Google Collection Form, we will pick the 5 best questions to win 20 BNCs for each of you! Ask your questions: https://t.co/cFurgWGyIh?amp=1
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.