Web3 has evolved into a multi-chain ecosystem, comprising hundreds of L1 blockchains, along with various Layer2 solutions, subnets, parallel chains, and application-specific chains. While this proliferation has...View Post
Six months have passed since the Shanghai Upgrade, and the much-talked-about LST Wars show no signs of abating. With a colossal market capitalization, this sector stands as a hotly contested battleground within the...View Post
Developments
Bifrost v0.9.80
• Added Stable Swap module
• Fixed the issue of decreasing total supply of BNC
• Adjusted parameters and permissions of OpenGov
• SLPx now supports custom setting of vToken receiving...View Post
Using Bifost’s SALP, users can contribute and earn rewards for supporting the crowdloan and receive vsDOT, which can be utilized for liquidity when required. To contribute to the Sora Crowdloan, visit https://bifrost...View Post
When Ethereum, the earliest smart contract platform, was born, most decentralized applications could only be deployed on Ethereum. With the flourishing of the public chain ecology and the development of L2s...View Post
In the previous article, we discussed how OpenGov 2.0 removes the Council and Technical Committee present in OpenGov 1.0, making referenda the sole decision-making authority.
All referendum proposals are categorized...View Post
OpenGov 1.0 is Polkadot’s first-generation open governance model, which we previously introduced in the article “Bifrost Governance on Subsquare I: General Introduction.”
The core feature of OpenGov 1.0 is the...View Post
New players have appeared amidst the LSD frenzy sparked by the Ethereum Shanghai upgrade. While the seasoned players vie for the highest minting volumes and liquidity, the more recent players are eager to grab some...View Post
Although the Liquid Staking Tokens (LSD) sector has gained attention after the Shapella Upgrade, the product offered within this category is not new. Staking-related services have been offered since the beginning of...View Post
Developments
Runtime 0.9.78
Optimize the processing logic after the target address of cross-chain assets is wrong
XCM action partly supports substrate chain end calls
Added support for vBNC & vFIL in XCM action...View Post
LSD (Liquid Staking Derivatives) enables users to stake their crypto assets, earn interest, and maintain liquidity to optimize capital efficiency. With the successful completion of the Shanghai upgrades this year, the...View Post
Below is an interview our CEO and Co- Founder Lurpis with Polkaworld about the security of Bifrost protocol and its assets.
Introduction: Hello everyone. I am Liangzi from Polkaworld. Today, the topic of our call is...View Post
For the second year in a row, Polkadot Decoded brings together projects and developers who are focused and committed on Polkadot, bringing more innovation and greater prosperity to the Polkadot ecosystem.
As...View Post
With the growth of Liquid Staking narrative, a large number of users have been exposed to this product and not everyone was immediately clear on how LSD staking rewards are issued. This has led to questions about why...View Post
Developments
v0.9.76
SLP adds support for vASTR assets
Added support for OpenGov and removed old governance module
Added SLPx Pallet to provide underlying support for vToken interoperability across chains
Bifrost...View Post
Since the Shanghai upgrade, DeFi market capitalization rose more than 60% in the first half of 2023, driven by LSDs. Liquid Staking have surpassed decentralized exchanges and lending protocols as the top DeFi category...View Post
Developments
Bifrost v0.9.74
Adjust Bifrost on-chain transaction fee price
Upgrade flexible fee to support more tokens as fees
Add a new validator boost list in SLP module to optimize the staking validator...View Post
Since Balancer’s Composable-Stable Pools market-making algorithm is applicable to correlated token pairs like vETH/WETH, Bifrost Team has migrated the vETH/WETH liquidity pool to Balancer.
On May 26, our vETH/WETH...View Post
The DeFi Summer will go down in history as one of the most disruptive changes in the cryptocurrency world. It brought enormous liquidity and infrastructure growth to decentralized finance (DeFi) and provided rapid...View Post
Developments
Dapp 1.8.1
Launch vETH 2.0
Launch vETH Farming
The cross-chain transaction structure is upgraded to XCM v3
v0.9.72
XCM dependency upgraded to XCM v3 version
SLP protocol is adapted to XCM v3 to...View Post