THE SECOND ERA OF BIFROST MINT DROP IS COMING
WHAT IS BIFROST?
Bifrost is a DeFi project for PoS tokens that include both participation and Liquidity. From the first day of nomination, you will receive a vToken and trading bonus for trading. Gets the advantage of staking early to Provide Liquidity in the form of staking derivatives. Bifrost is installed on the Polkadot network and is developed by Substrate.
Bifrost is a cross-chain network that provides Liquidity for asset linking. Gets The advantage of staking early to Provide Liquidity in the form of staking Derivatives. Bifrost is installed on the Polkadot network and developed by Substrate. The base layer is based on the consensus of WebAssembly, LIBP2P, and GRANDPA. As Bifrost, a DeFi project in the Polkadot ecosystem uses vToken (Staking Derivatives). Voucher Token) allows users to replace PoS token with vToken and Liquidity and participation premiums at any time through the Bifrost protocol.
Bifrost bought The Web3 Foundation Scholarship is also a member of the Substrate Builders Program. The parity is hosted by one of the fifteen key members of the Web3 Bootcamp incubator. Web3 Foundation and WanXiang Blockchain Lab by Web3 Foundation and WanXiang Blockchain Lab technology, products, capital, legal affairs, environment Collaboration, and other general issues
vToken can be used to implement the transmission channel of governance rights, such as participating in staking activities,PLO, and protect against the risk of staking assets. In advanced scenarios, when using vToken as collateral for loans, the income configuration can offset part of the interest and grant low-interest loans.
BIFROST ECOSYSTEM
On January 26, the Polkadot Bifrost core ecological protocol and the heterogeneous Darwinia cross-chain project reached a strategic collaboration. Darwinia’s decentralized cross-chain bridge will enable efficient multi-chain roaming of Bifrost’s vToken derivative.
On January 26, Bifrost’s co-founder Lurpis was invited to participate in the DISRUPTORS 2020 online forum, jointly supported by Star Consulting and Star Finance. At the meeting, he shared his new perspective on Polkadot in 2021 and Bifrost’s current roadmap for the first quarter.
On January 27, Bifrost’s BML live broadcast, “Parachain Slot Auction is Coming,” announced that Polkadot’s ultimate success should not be achieved overnight, but the ecology is slowly accumulating and growing. It is a Polkadot process where a sufficiently strong compositional ecology is key to Polkadot’s success.
On January 27, Bifrost Product Manager Tyrone was invited to participate in the CRYPTO TIMES Japan Polkadot AMA. The live stream covered Bifrost’s problems, the KSM slot auction, and the advantages and disadvantages of using vToken.
On January 28, Bifrost announced to DFG what brought Bifrost to Polkadot. What is the relationship between VToken and Bifrost with DFG? Bifrost Product Manager Tyrone responded in a series announcing that vETH Mint Drop 2.0 will be a significant event ahead of the Bifrost mainnet.
On January 28, 2021, Bifrost had already reached a new round of angel funding. This is the second funding round after the $ 600,000 seed round in September 2020. This investment tour includes Founders of CMS Holding, Altonomy, Sevenx, Zonff Socios, PAKA, Timestop Capital, InCuba Alpha, Oasis Capital, Kernel Capital,, and co Loopring, Jay Zhou and Steve Guo, and other individual investors. Seed tour investment institutes SNZ Holding and DFG continue to make additional investments.
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