Development

Bifrost v0.9.30

• Bifrost parachain staking module going live and its mechanism optimization

Technical Discussion

• Design of the SLP protocol：Discuss on how to build a general framework that can be compatible with different POS chain staking mechanisms

Dapp

• Swap function & Collator mainnet go live

• Added support for browser multi-extension management: Polkadot.js, Talisman, Subwallet

Product

• Bifrost’s new official website was launched, strengthening brand design elements, adding TVL display, product feature profile, function navigation, team introduction and other sections.

• SLP-vKSM completed product logic development and entered into front-end centralized data interfacing and testing.

• The development of SALP 2.0 protocol upgrade was completed and entered the final testing stage, and the Dapp side entered the product design stage.

• SALP protocol was successfully integrated into the official crowdloan pages of Unique Network and OAK Network, which can be used to complete vsToken and vsBond minting on the front-end other than Bifrost.app

Marketing

Online Event

• On March 12, at the invitation of Polkaworld, Lurpis, the member of Bifrost Technical Committee, together with other Polkadot ecological projects Acala/Astar/Moonbeam and Parallel, actively expressed their views on roundtable A: how to build a plan based on ecological development in parachain ecology, the deployment of parachain and ecological cold start.

• On March 23, a Chinese AMA organized by Longhash: talk about Polkadot crowdloan was held on Twitter Space of Asia DeFi Network. Bifrost Lurpis, Polkaworld Xiaojie, Zou Yang of Polkadot Ecological Research Institute and Evelyn, head of unique regional market, attended the sharing.

• On March 30, Moonbeam ecology talks ｜ XCM: [Polkadot’s trump was held in the Binance live studio](https://www.binance.com/zh-CN/live/video?roomId=2101676. Bifrost Lurpis explained the specific operation principle of XCM and the application scenarios of liquidity staking and crowdloan to the audience about the cross-chain messaging format.

• On March 31, Web3 Partner MAD Cripto invited Tyrone, a member of Bifrost parliament, to share the recent development of the project and the latest progress of BNC stacking in its telegraph community. With the end of the first quarter of 2022, Bifrost has completed the launch of Collator、Statemine cross-chain and new Slogan and official website.

Eco-Collaboration

• On March 8, Bifrost SALP supported the OAK Network’s Canary network Turing Network to bid for Kusama parachain slots in a decentralized manner. Currently, the Turning Network has won the Kusama slot through bidding. Each participant who votes through Bifrost SALP can receive 2 BNCs per KSM. Bifrost will submit the voting list of SALP users to OAK Network before OAK issues crowdloan rewards.

• On March 9, Bifrost established partnerships with Talisman, a browser extension wallet, and Subwallet, a Polkadot plug-in wallet. Bifrost SALP integrates it uniformly, and users can more easily choose the required browser plug-in wallet when participating in Crowdloan、Swap、Farming and Staking.

• On March 16, Bifrost Dapp launched the Swap function. Users can exchange assets and add liquidity more conveniently on the mobile terminal. Bifrost still shares the liquidity pool with zenlink. More detailed tables and data can be viewed on zenlink

What is Bifrost

Bifrost is a Web 3.0 infrastructure that provides cross-chain liquid staking, providing decentralized, cross-chain liquid staking services for multiple chains through the Cross-Chain Communication Protocol (XCMP).

Bifrost’s mission is to provide standardized cross-chain interest-bearing derivatives for Polkadot relay chains, parachains, and heterogeneous public chains bridged with Polkadot by aggregating over 80% of PoS consensus chains’ staking liquidity through cross-chain derivatives, lowering users’ staking threshold, increasing multi-chain staking ratio, and improving ecological application revenue base, creating a positive cycle of StakeFi ecosystem with three-way empowerment of users, multi-chains, and ecological applications.

Bifrost has received millions of dollars of funding from NGC, SNZ, DFG, CMS and other institutions and Web3 Foundation Grant, and is also a member of Substrate Builder’s Program and Web3.0 Bootcamp.

Learn more about Bifrost or join our incredible community of over 100,000 members strong!

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