The first vsDOT Farming Pool went online and exceeded $260000 in 72 hours | weekly report 74

Development

Bifrost Dapp

  • Salp_redeem interface docking
  • Upgrade Redeem module to support vsDOT Redeem
  • Fix: text adjustment of drop-down box in the redeemable state
  • Salp DOT redeem page development
  • vsDOT Farming card upgrade & style update & new style development
  • Fix farming page mobile style
  • Dynamic change display of farming reward - UI
  • Dynamic change display of farming reward - Data improvement
  • New dynamic income display of farming head
  • Feat: Add DOT APY in table
  • Fix refresh total reward bug
  • vsBond Market optimization
  • Nodle vsBond style design
  • Global content width style repair & Optimization
  • vsKSM price fix
  • DEX curve bug check
  • Dapp wallet added the function of hiding small assets and UI design
  • Dapp added Salp award receiving Description & UI design of entry module
  • Increase the loading animation UI design when obtaining the handling fee in the settlement window
  • Feat: loading animation is added when obtaining the handling fee in the settlement window
  • 1.1.1 version upgrade test follow up
  • 1.1.2 version upgrade test follow up

Bifrost active page

  • Add The Last Winner UI to the activity page
  • Activity page invitation mechanism optimization

Bifrost Runtime

  • Last winner activity game development
  • ‘SalpLitereFund’ backend service development & Testing & docking
  • Due to chain upgrade, repair " agent betting ’ + ’ DOT derivatives issuance ’ back-end service
  • Salp-lite redemption repair
  • Test the local upgrade of the main network through the try-runtime function
  • Runtime added Zenlink Merkle - distributor module and upgrades bootstrap reward function
  • HRMP operation process / docking / document writing
  • Preparation for modification of vsBond - auction module

Bifrost Service

  • Redeem related subject, service development
  • Crowdloan related service maintenance, and upgrade
  • Construction of Bifrost and Polkadot test environment
  • Bifrost and Polkadot automatic deployment system
  • Compiling Wasm and sending download links to slack
  • Investigate the collator stacking mechanism and related implementation
  • Statemine cross-chain branch merge repair and test
  • SALP multisig confirmation / account can be configured
  • Integration and test of Snowfork adapter Bridge

Bifrost. js

  • 0.9.12 dot redeem upgrade adaptation
  • Create Nodle SALP Fund
  • Change the status of Zeitgeist SALP Fund to successful
  • DOT Auction succeeded to modify the Fund status
  • Zenlink KAR-ZLK Farming Pool creation
  • Create the Composable Farming Pool

Ecosystem

On December 16, Bifrost and Nodle reached a cooperation to use SALP to participate in the second round of slot auction of Polkadot. Up to 850 million NODL tokens will be allocated to crowdloan participants, and each dot will receive at least 20 NODL tokens. Through SALP, you can also participate in innovative farming activities in the future. https://mp.weixin.qq.com/s/GuhreB2bQ6n0hrhlA8nmgw

On December 16, Bifrost invited Zenlink Co-Founder Leo to hold an AMA in Bifrost official in Telegram, AMA recap:

On December 17, Bifrost cooperated with Composable to launch vsDOT Farming pool, and you can vote for Composable to participate in the 20000-BNC inspiring farming activities. Bifrost has offered Composable 20000-BNC reward of Farming Pool in 9 days. All SALP contributors can pledge vsDOT and vsBond Composable to join BNC Farming activities. https://mp.weixin.qq.com/s/8Is48lvx71UwUULergnQ8g
https://mp.weixin.qq.com/s/1X0cSOhEB60_mlr7Na1tdw

The vsToken redeem function has been launched. Partners can redeem DOT in the first round of voting in the redeem module, and it will arrive within 24 hours. The second round of the Polkadot slot auction will open on December 23. Welcome to vote for the second round of slot auction again. https://twitter.com/bifrost_finance/status/1472084224828407810

On December 17, the Gleam airdrop of Acala and Moonbeam held by Bifrost was distributed. The winning partners can view the awards on the Bifrost network. List of winners: Gleam Airdrop Winner List - Google Sheets

What is Bifrost?

Bifrost is the Polkadot Ecological DeFi basic protocol. It is committed to becoming an infrastructure for staked assets to provide liquidity. Bifrost launched derivatives vToken for Staking and Polkadot Parachain Slot (Crowdloan). It has obtained $2.15M in fund-raising from NGC , SNZ , DFG , CMS and other institutions and Web3 Foundation Grant . It is also a member of Substrate Builders Program and Web3 Bootcamp.

vToken can optimize transactions in multiple scenarios such as DeFi, DApp, DEX, CEX, and realize the transfer channel of stake rights such as staking and Crowdloan through vToken, realize the risk hedging of stake assets, and expand scenarios such as vToken as collateral for lending, its staking reward part of the interest can be offset to achieve low-interest loans.

Learn more about Bifrost

Website | Github | Telegram | Medium | Twitter | Discord | Forum

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