Vote for Bifrost on Polkadot Decoded, Weekly report 47

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Bifrost — One Stake, Endless Opportunities.

3 min readMar 23, 2021

Asgard CC4

The POA testnet is deployed online and node tests are added
POA network slot fluidity design
Auction process test
Flexible fee integrated Zenlink module development and testing
Fix the problem that the session key cannot be set
Switch the block engine babe to aura

Bifrost Dapp

Interactive design of slot auction
Refactor the Message(Toast) component
Unified asset icon and style optimization
fix import polkadot package in storybook
Replace the existing Tooltip
Unify colors style to tailwindcss
fix global style on stroybook

Mints

Modified bifrost-vote-age, used by bifrost-eth-sync
bifrost-veth-server and front-end docking
Total minting API
Add vETH multi-signature query entry
Add statistical data column (total coinage, total locked market value, 7-day annualized data)

Ecosystem

On March 16, Bifrost Product Manager Tyrone was invited to participate in a panel hosted by Crypto Geeks “The Rising of Polkadot DeFi Ecology, to understand how DeFi in the Polkadot Ecology will develop”, details: https://mp .weixin.qq.com/s/ZE9TxU-xdUMO7hCU6-ud6g
SakeSwap has reached a cooperation with Bifrost, uses the SakeSwap cross-chain agreement to realize the intercommunication between vETH on the Ethereum chain and the Binance smart chain. The Bifrost’s users can use the SakeSwap cross-chain protocol to cross-chain the staking derivative vETH from ETH2.0 to the BSC and participate in the DeFi application on the BSC. Details: https://www.odaily.com/newsflashes/236219.html
On March 18, the online press conference “Polkadot Parachain Auction Is Coming” hosted by PIS, invited Tyrone to live broadcast sharing how Bifrost release the liquidity of contributions asset in the slot auction. Details: https://www.huoxing24.com/liveshare /24310177
Polkadot Decoded will open on May 20, 2021, that will bring together Polkadot ecology and open contributors to give speeches. Bifrost signed up for the topic of this speech “Bifrost PLO Liquidity Protocol”, and will explain in detail how KSM liquidity is released during the slot auction. vote for Bifrost: https://decoded.polkadot.network/vote/

The new version of Bifrost Wiki is online. Compared with the previous version, the new version of Wiki is more comprehensive, and plans are made for the follow-up Governance, Learn and Developer. With the promotion of the project, the Wiki will continue to be improved in the future, details: wiki.bifrost.finance

What is Bifrost?

Bifrost is the Polkadot Ecological DeFi basic protocol. It is committed to becoming an infrastructure for pledged assets to provide liquidity. It has launched a derivative vToken for Staking and Polkadot Parachain Slot (PLO). It has obtained $2.15M in fund-raising from NGC, SNZ, DFG, CMS and other institutions and Web3 Foundation Grant. It is also a member of Substrate Builders Program and Web3 Bootcamp.

vToken can optimize transactions in multiple scenarios such as DeFi, DApp, DEX, CEX, and realize the transfer channel of pledge rights such as staking and PLO through vToken, realize the risk hedging of pledge assets, and expand scenarios such as vToken as collateral for lending, its staking reward part of the interest can be offset to achieve low-interest loans.

Website https://bifrost.finance/
Github https://github.com/bifrost-finance
Telegram https://t.me/bifrost_finance
Medium https://medium.com/@bifrost_finance
Twitter https://twitter.com/bifrost_finance
Discord https://discord.gg/8DRBw2h5X4