Bifrost Announcement

2022-12-22 16:04:38 Bifrost’s BNC Liquid Staking is finally LIVE!

By Staking BNC & Minting vBNC users can enjoy staking rewards and unlock utility for additional income.
Bifrost.app/vstaking (on Kusama)

vBNC LP Farming Pools will open on December 26th.

Learn more:
https://bifrost-finance.medium.com/vbnc-is-live-bnc-liquid-staking-lp-farming-pools-will-be-opened-soon-27eea66f49a0 Open / Comment

2022-12-21 13:25:07 Onfinality is proud to be supporting Bifrost's Cross-Chain Liquidity Solution with scalable API & node services!

Read the full announcement here http://bit.ly/3WhGv6B

Access the network quickly in minutes
Scale up automatically and reliably
Deploy nodes easily in a few clicks Open / Comment

2022-12-20 23:19:54 Christmas is almost here and we couldn't leave you without a present...

Join our #ChristmasChallenge and get a share of 1,000 $BNC! Rules in the tweet thread.

Extra: Like and Retweet this post for a chance to win 1 of 4 BackToAsgard exclusive WL spots.
https://twitter.com/bifrost_finance/status/1605250623347511297

Let us introduce you, Bifrosty!

Bifrosty the Snowman, has hidden himself around Bifrost pages:
http://bifrost.wiki page
http://bifrost.app banner
http://discord.gg/bifrost-finance pinned text
https://twitter.com/bifrost_finance comment
https://t.me/bifrost_finance announcement

Those who find at least 3 (out of 5) Bifrostys, will be selected for a draw and 5 Lucky Winners will get a prize of 200 $BNC, each!

The Bifrost #ChristmasChallenge will end on:
Sunday, December 25th, 11.59pm UTC. Open / Comment

2022-12-20 18:28:52 Bifrost AMA is coming!

Learn about the new Validator Election Track (#VET) and discover how to join both Validator White List (#VWL) & Validator Boost List (#VBL).

Collators & Users

Friday, December 23rd @ 2pm UTC

Bifrost Discord Townhall: https://discord.gg/bifrost-finance?event=1054771304743571516 Open / Comment

2022-12-20 15:24:00 Bifrost Friendly Reminder

vBNC will be listed this Thursday, December 22nd, at 10am UTC!

vBNC is the BNC liquid derivative token. It will allow users to stake BNC through the minting of vBNC, and earn rewards over time! Open / Comment

2022-12-20 02:18:06 Bifrostians,

We have a common #PolkaPals Christmas Giveaway !!

Win 10,282 $MGX, 100 $BNC, 2,500 $RING, 1,250 $TUR, 274 $IMBU, 40 $NEER, 1 Spacer NFT !

7 winners (one per Parachain) will be announced on Monday 26th.

Details in the
https://twitter.com/bifrost_finance/status/1604854098175705088

Happy Christmas Open / Comment

2022-12-19 20:37:51 Get acquainted with the new vocabulary of Bifrost selection mechanisms for SLP validators.

We prepared a simple infographic to introduce users and collators to out latest #VET, #VWL & #VBL dynamiser.

More details in the Medium article Open / Comment

2022-12-17 11:52:39 Bifrost's SLP protocol is keeping user's assets safe even during Slash events with its smart staking, quick actions and insurance buffer. Recent Kusama chaos story tells a lot about it

Bifrost SLP protocol solutions:
Bearing the Slash risk, for each vToken holder the risk is diluted.
Efficient & smart staking strategies balance the rate of return and Slash risk.
Swiftly modifying the set of validators they entrust, enables rapid response in the event of a slash.
An insurance mechanism provides users with a buffer compensation when a Slash occurs, as explained in the article above.
Different compensation mechanisms designed to adapt to several slash situations.

That's why, relying on SLP is a better strategy to get involved in PoS networks than staking individually.

Medium Article Open / Comment

2022-12-15 13:22:18 We are happy to announce our new vToken!

Get ready to unlock the full potential of Bifrost with vBNC.

Unbond your BNC today, and get ready to stake your tokens with our Staking Liquidity Protocol.
To unbond: Bifrost.app/collator (current unbonding period = 7d 19h)

Minting starts on December 22nd ! Open / Comment

2022-12-13 13:16:48 KSM redemption for Subsocial and Zeitgeist is open

You can redeem on the Redeem menu: https://bifrost.app/vcrowdloan?tab=redeem

There you have 2 options:
Normal mode: your KSM are redeemed in your Bifrost wallet
vStaking mode: your KSM are redeemed AND staked through SALP so that you can enjoy vKSM & farming Open / Comment