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Bifrost Announcement

Logo of telegram channel bifrost_announcements — Bifrost Announcement B
Logo of telegram channel bifrost_announcements — Bifrost Announcement
Channel address: @bifrost_announcements
Categories: Cryptocurrencies
Language: English
Subscribers: 1.75K
Description from channel

Bifrost is a Polkadot DeFi project for PoS tokens, that include staking, staking derivatives and liquidity. To chat with the Bifrost community, head to @bifrost_finance
Business Cooperation: @TPPCH @DawnsXu

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The latest Messages

2023-04-11 14:19:52
Bifrostians,

Here is the vETH 2.0/ETH LP farming tutorial

The pool is live with 880 xcBNC/day

Jump on bifrost.app/vstaking/veth and start the farming journey for your staked ETH

Easy steps:
1. Stake ETH on Bifrost
2. Get the LP on Balancer
3. Deposit LP on bifrost.app/vstaking/vETH

Medium Article
https://link.medium.com/rNEtIforUyb
149 viewsedited  11:19
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2023-04-10 16:18:31
vETH / ETH composable meta stable pool is now available on Balancer - a permissionless liquidity hub on Ethereum leading yield-bearing token revolution!

After the ETH Shanghai upgrade, Bifrost will open the vETH/ETH incentive pool for more user rewards!

Balancer pool
https://app.balancer.fi/#/ethereum/pool/0x793f2d5cd52dfafe7a1a1b0b3988940ba2d6a63d0000000000000000000004f8
197 viewsedited  13:18
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2023-04-07 08:22:09
Bifrost has successfully implemented vETH 2.0, supporting the Ethereum Shanghai Upgrade!

Its main features are:
Ethereum mainnet compatibility
Support 1:1 ETH redemption from staking
vETH1.0 to vETH 2.0 immediate conversion

Extra features:
vETH2.0 staking rewards shift from a Rebase to a
yield-bearing model
vETH2.0 contract will add a brand new Fast Redemption system
The Distributed Validator Technology (DVT) allows for more robust node risk control and a higher degree of automation

Full thread
https://twitter.com/BifrostFinance/status/1643970752016949249?t=Mr8GFLrQG5eFEx1ntbKVmw

Find the go-live timeline, contract address, audit report & open source code in the Medium article
https://bifrost-finance.medium.com/bifrost-announces-the-official-launch-of-veth-2-0-supporting-the-eth-mainnet-shanghai-upgrade-17fe15d792d5
309 viewsedited  05:22
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2023-04-06 20:42:43
Now that Bifrost has successfully upgraded vETH to its 2.0 version, it's only fair to share with you a DEMO!

How to convert vETH 1.0 into vETH 2.0 ?

It takes only 34 seconds... well, maybe a little bit more, based on your internet connection.
Check it out!
https://twitter.com/BifrostFinance/status/1643984645179215872?t=3whD9Xavu6ztIvQJEP4-ng
270 viewsedited  17:42
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2023-04-05 19:36:27
Not even 2 weeks since the last 500k milestone... The growing pace is currently.

Bifrost is happy to announce that DOT Liquid Staking hit another ATH, with over 600,000 vDOT minted!

This new milestone consolidates the growth of our LST protocol within the Polkadot ecosystem!

Learn more on bifrost.app/vstaking
488 viewsedited  16:36
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2023-04-05 19:32:47 Breaking: Coingecko just listed vETH !
https://twitter.com/coinlistings/status/1643171564941180929?t=Ht-sdC3b9Zdr7pTtf5RLFA

The ethereum LST vToken is mintable on Bifrost.
Check it out on bifrost.app/vstaking/vETH

Learn more on https://www.coingecko.com/en/coins/voucher-eth
245 views16:32
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2023-04-01 11:35:58
Quick sum-up of what's cooking for the next weeks:

The vPHA liquid asset function of the SLP protocol has been developed
BNC New Economy-related Ve Minting function development completed
The cross-chain bridge project Multichain has supported the execution of cross-chain transfers between Bifrost BNC’s Moonbeam EVM version xc-BNC and Ethereum. This function will help vETH realize BNC’s cross-chain incentive scenario.
Bifrost is auditing and optimizing simultaneously the vETH 2.0 contract; the vETH Farming contract is in the final production testing phase and will be launched with the vETH 2.0 contract in early April.

Medium Article
204 viewsedited  08:35
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2023-03-31 16:28:06
We are proud to inform you that Over 300,000 vKSM have been minted on Bifrost!

Bifrost is currently amongst the leading LST protocol on Kusama with one of the highest amount of KSM staked

Learn more about Liquid Staking and join us on http://bifrost.app/vstaking
284 views13:28
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2023-03-29 19:47:57
Save the date!

Thursday, March 30
5.00 pm UTC

Tune in and learn about vFIL, the Bifrost Liquid Staking Token on Filecoin Network, discovering features and advantages of the FVM

Guests
- Tyrone, Head of Product at Bifrost Finance
- Samuel, Head of Network Growth at Protocol Labs

Set your reminder:
https://twitter.com/i/spaces/1ypKddNrYRrKW
230 views16:47
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2023-03-28 16:08:38
Tutorial | How to liquid stake FIL and participate in farming

3 steps are needed
Transfer FIL to Filecoin EVM Address (from CEX or Filecoin wallet like Glif or Foxwallet)

Bind your EVM Address with your Bifrost address

Cross in FIL and mint vFIL

Tutorial
https://medium.com/bifrost-finance/tutorial-how-to-liquid-stake-fil-and-participate-in-farming-71736fc8f396

NB: you can use any susbstrate wallet instead of polkadot.js of course. Currently prefer Metamask for EVM.
268 viewsedited  13:08
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