Lurpis π₯ π βοΈ
@0xLurpis
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In Founder Mode. Make @Bifrost reliable, driven by https://t.co/H57XHTRx7L. Holding a bunch of LSTs.
πͺ
Joined April 2016
The first $BNC & $kUSD liquidity bootstrap event through @Polkadot #XCM in 9 hours will make history. @bifrost_finance @AcalaNetwork @KaruraNetwork
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Here is some information you may want to know. 1/ Bifrost positioning in the ecology.
The new @bifrost_finance BNC/kUSD liquidity pool will soon launch in Bootstrap mode on #Karura Swap!. During this 48-hour period you can provide one-sided liquidity & get your LP shares in anticipation of the 200k BNC liquidity mining programπ .
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NO MORE FUD. We selected @Polkadot because Substrate, cross-chain interoperability, and shared security align with our technology stack, and it still represents the most advanced technology. Despite numerous issues currently facing OpenGov, it is undisputable that it remains.
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What badass Bifrost (@bifrost_finance) donkey god that lives on Kusama, thank you @DonkeyGang_SFY bred it. Meet Donkey Gang π
Hey @bifrost_finance.Donkey Gang #065 - BIFROST God is just minted on Singular and is waiting for you!. #nft #NFTs #rmrk #khala #phala #NFTGiveaway #nftart #NFTartists #nftcollectors $rmrk $khala
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It is now possible to bind your EVM address on the @Bifrost $vMANTA mint page to potentially receive airdrops for staked $MANTA. @MantaNetwork
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.@BifrostFinance has become the second-largest treasury in the @Polkadot ecosystem, without counting non-BNC assets yet. Details are coming π§ββοΈ
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In the design of @Polkadot the cross-chain between Relaychain <> Parachain <> Parachain can completely eliminate such concerns.
My argument for why the future will be *multi-chain*, but it will not be *cross-chain*: there are fundamental limits to the security of bridges that hop across multiple "zones of sovereignty". From
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Since 2022, cross-chain bridges drain nearly $1 billion due to hacker attacks. In contrast @Polkadot, as many as 20 parachains can already cross-chain interoperability through #XCMP safely, simply and efficiently.
As more and more parachains open #HRMP with Bifrost, #Staking derivatives will be connected and combined through XCMP to achieve a positive ecological cycle for #StakeingFinance.
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.@Polkadot OpenGov did something unimaginable in the real world: gave a small company nearly $4M in unsecured loans and got approval within a month. The successful 500k $DOT loan has replenished liquidity, bringing the current liquidity of $vDOT on @Bifrost Stable Swap to $6.9M.
We received the 500k #DOT from the @Polkadot Treasury β
.Ending the gov journey started on Dec 13th. Be sure we'll take care of these precious loaned DOT, and thanks again everyone for the support & love you showed to us π₯°
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$BNC will soon be available for lending and borrowing on @InterlayHQ. @Bifrost <> @InterlayHQ channel is activating.
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The first Liquid Staking Token (LST) that supports Governance Capacity Inheritance (GCI) by @BifrostFinance. $vDOT & $vKSM now can vote for @Polkadot and @kusamanetwork OpenGov with 0.1x ~ 6x conviction.
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Unlocked $DOT indeed coming to $vDOT, and more, KEEP PUMP!. β
Milestone of 2 million $DOT. @BifrostFinance
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.@Bifrost just spent 23 $KSM to purchase a coretime and renew the @kusamanetwork slot for 28 days for the first time. Based on the price of $KSM, securing the parachain on Kusama for one month only costs $524. Even in the lowest-cost month in 2024, the average cost of
Optimistic rollups: too large dispute windows and bad workarounds. ZK rollups: too expensive for your average transaction. Cynical rollups (Polkadot parachains): cheap with ~12s finality. Something that Ethereum can't have.
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Itβs ready! $PINK will be distributed on @Bifrost soon.
Our website has been updated!. π You can check your Pink Points total from the following tranches:. 1. #Pinkdrop v1.0 β
.3. Gaming initiatives β
.4. Pink Pre-launch Party (including #Galxe) β
.5. #Pinkdrop v2.0 β
. π Only the Parachain Party (tranche 2) will be delivered
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$vDOT already has the highest liquidity scale among @StellaSwap, @Beamswapio, and @BifrostFinance Stable Swap. Currently, $4.37M is used for instant swaps for $vDOT, which accounts for 26.4% of the $16.52M minted volume of $vDOT. Greater liquidity and mint volume lead to more
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β β β β β β β β β β‘ 90%.$BNC and $vToken cross-chain between Bifrost Kusama <> Bifrost Polkadot. @BifrostFinance @Polkadot @kusamanetwork .
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βΎ LoopStake has matched over $650k in borrowing and loans, with $DOT supplied APY 21.7%, staking rewards leverage APY up to 33.5%, and no liquidation. This is an intriguing development. Letβs wait and see the considerable value it brings to @Bifrost.
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The liquidity of $vDOT in @hydra_dx's Omnipool has reached $4.1M, with dual token APR for $BNC & $HDX increased from 3%-5% to 5%-10%. @BifrostFinance @Polkadot
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π«‘ Innovative and practical functionality by @hydra_dx means you can receive $USDT or other tokens of your favorite daily as your $vDOT staking rewards. It will be exciting if this functionality is copied into other vTokens.
Itβs time to celebrate the DOT unlock from the first (and last) HydraDX crowdloan. For this occasion, we are offering you together with Bifrost two ways to put your DOT at work using vDOT and HydraDX: Yield DCA and Liquidity Mining. Yield DCA enables users to diversify their
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THE DEMO. @BifrostFinance Kusama <> @BifrostFinance Polkadot. BGM: @imcryptohustler from twitter space last night.
β β β β β β β β β β‘ 90%.$BNC and $vToken cross-chain between Bifrost Kusama <> Bifrost Polkadot. @BifrostFinance @Polkadot @kusamanetwork .
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So the future has to be @Polkadot, Cosmos, this kind of isomorphic cross-chain ecosystem, like the Internet, first Polkadot LAN, and then Web3.
The Ronin bridge has been exploited for 173,600 Ethereum and 25.5M USDC. The Ronin bridge and Katana Dex have been halted.
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π₯³ Successfully utilize $vKSM for a 3x conviction vote in #OpenGov for the first time. @BifrostFinance @kusamanetwork
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Cross-chain interoperability is made possible through Astar zkEVM, Astar Parachain, and Bifrost Parachain with the support of @BifrostFinance SLPx, @Polkadot XCM and @LayerZero_Labs. You can mint & utilize $vASTR directly through the @AstarNetwork zkEVM ecosystem with only once
π In this first chapter of the Astar zkEVM ecosystem journey, we dive into DeFi and explore the various applications launching on the mainnet. DeFi is a vital element to a thriving ecosystem that relies on the synergy of innovative protocols.
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Juicy APY is available on @InterlayHQ lending markets. Has anyone tried leveraged staking by $vDOT?
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The $GLMR reward claim time for Moonbeam contributions via Bifrost SALP is the same as Moonbeam Foundation, you will not be one second later than participating directly via Crowdloan. @MoonbeamNetwork @bifrost_finance
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.@gavofyork seems to know @Polkadot every pain point I tweeted before.
@alexeiZamyatin For users:.1/ Pain: The wallet plugin that supports Polkadot needs to be installed separately. Solution: Allow more commonly used wallets such as Metamask to support Polkadot signatures or allow users to complete Parachain function calls in the EVM environment (Such as Bifrost.
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TL;DR. @Bifrost plans to use 100% of protocol profits for $BNC buybacks, with 90% allocated to bbBNC holders and the remaining 10% to be burned. $BNC will shift from a fixed supply of 80M to a deflationary model.
π₯ A Paradigm change is coming to Bifrost!. In the second half of 2024, we're launching Bifrost 2.0, introducing a groundbreaking new $BNC Tokenomics. Here's what's coming up! π§΅.
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$vMANTA became solid and organic. @MantaNetwork @BifrostFinance
+300K $vMANTA Minted on ππ. πΉ 54% APY.πΉ Fully Decentralized.πΉ Stake from 1 $MANTA.πΉ <7D Redemption Period.πΉ Unlock Liquidity for @MantaNetwork users.πΉ Cross-Chain Interoperability: vMANTA on Pacific, soon. Need more reasons to Liquid Stake? ππ§
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In just 5 days, $vDOT on @InterlayHQ grew 6x, and the total supplied USD value has reached $4.34M.
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Voted AYE. β
. Giving developers $310k in real rewards is more meaningful than spending millions on advertising. Please don't let high-quality builders continue to lose.
π’ Oneblock+ has recently applied for two Polkadot hackathon proposals in the Asia-Pacific region for 2024 on OpenGov. Oneblock+ hopes to bring the Polkadot hackathon to Singapore and Bangkok in the second half of 2024, which will not only perfectly align with the token2049
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Here's what happens in the @BifrostFinance staging dapp when you say stay tuned. $vDOT support @Polkadot OpenGov soon. π₯³
β«οΈ DeFi Interoperability and Farming Opportunities β
.β«οΈ Liquidity Unlocked while securing the Network β
.β«οΈ Polkadot Governance Voting Power Retention π. $vDOT will surprise you with its most important feature so far. Stay tuned!
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Generous $vDOT / $DOT APR on @StellaSwap. Step:.1. Cross-chain $DOT to @MoonbeamNetwork .2. Mint $vDOT of 50% $DOT on 3. Farming π.
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Since the @BifrostFinance community launched the inscription project, @bncs_io has minted 2.33m events, created 21k new $BNC addresses, and burned over 200k $BNC into the treasury. Inscriptions may be one of the best tools for on-chain user education. π€
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$vMANTA will be one of the longest LST cross-chain routes. Achieved it through interoperability between @Bifrost, @MantaNetwork Atlantic, @MoonbeamNetwork, and @MantaNetwork Pacific. Secured by @Polkadot, @Bifrost is becoming a veritable omni-chain liquid staking.
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Another typical case of cross-chain and governance interoperability using $vDOT, and which can only be achieved within the @Polkadot ecosystem.
Bringing @StellarOrg Liquidity to @Polkadot: $DOT Collateral for Pendulumβs Spacewalk Bridge Vaults π. @polk_gov loan proposal of 50K $DOT, to convert to @Bifrost $vDOT, for Spacewalk bridge collateral. Unite two OG ecosystems by casting your voteπ.
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π Congratulations! @hydration_net TVL has hit ATH of $50M, and $vDOT is now the 4th most TVL asset in Omnipool while still offering a juicy APY. Let's PUMP for more!
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added support for Talisman(@wearetalisman) and SubWallet(@subwalletapp) extensions, easier to use @Polkadot and @bifrost_finance!
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β
5 MILLION $vDOT.
π +5 MILLION vDOT minted on Bifrost! π. The asset's growth, following the 2nd @Polkadot Crowdloan Unlock, has beaten every record with 1,116,572 $vDOT minted in 5 Days! π§. With a Combined APY of +29% and new cross-chain use cases, Liquid Staking advantages are in full view!
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$vASTR is already active on Astar zkEVM. You can now mint and use $vASTR directly through the @AstarNetwork zkEVM with only one signature. However, the Interoperability has crossed Astar zkEVM, Astar Parachain, and @Bifrost, powered by @Polkadot XCM and @LayerZero_Labs.
Astar zkEVM is now supported by @Bifrost!. Why is that so important for the Astar Defi ecosystem?. 1οΈβ£ Astar's distinctive dApp Staking mechanism is now available on Astar zkEVM!π€― offering users a seamless experience that works transparently across our networks - a tremendous
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8 MILLION $vDOT. In March, the minting volume and number of $vDOT holders increased by 23% and 46%, respectively. Thanks for community, @Bifrost will keep growing π«‘
The stable yield and effective price anchoring mechanism of $vDOT make it gradually the most popular $DOT LST. β
2k holders milestone on @Bifrost, more coming.
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2.17M $ASTR was cross-chained from @AstarNetwork to @BifrostFinance and minted into $vASTR in minutes. β¨
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$vDOT holders exceed 1,000, and itβs just the beginning. π«‘ @BifrostFinance @Polkadot
1.3k MAU only meets the web2 minimum viable product benchmark. @BifrostFinance can only be considered a first-stage success if millions of users adopt it.
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The trend of minting $vDOT is still going strong. πͺ . Wen 3 million $DOT?. @BifrostFinance
Unlocked $DOT indeed coming to $vDOT, and more, KEEP PUMP!. β
Milestone of 2 million $DOT. @BifrostFinance
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Although @BifrostFinance Polkadot Parachain has achieved 1,400% growth in the 2023 Q4, it's important to remember that its original users came from Bifrost Kusama Parachain and are still active.
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New runtime v0.11.0 is being voted on @Bifrost upgrade proposal. π³οΈ. - Implement Snowbridge connection.- Add BNC Buy Back Pallets.- SLPx supports the Reward Share Program.- Incorporate vToken Price Oracle in RPC.- Ensure SLP compatibility with XCM V4.
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More $BNC Value. @BifrostFinance
π₯ DOT UNLOCK CAMPAIGNS ARE π. Today, +26 Million DOT from the 2nd batch of @Polkadot Crowdloans have been UNLOCKED. Bifrost has decided to step in bringing you not one but TWO incentive campaigns, allowing its users to get the best out of their unlocked #DOT!. Read how. π§΅π
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.@BifrostFinance TVL quickly returned to $92M, but more vToken was minted than the highest TVL in 2021 π«‘
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.@kusamanetwork has just returned to normal from the slash chaos. The slash has been canceled through a community referendum cause it's a technical reason. $vKSM has not been affected except for the delayed raising of the mint/redeem price.π¦β―οΈ 1/
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βΎοΈLoop Stake Launch is happening today at 5:00 PM (UTC+7). Get ready to supercharge your staking rewards. @Bifrost @Polkadotsub0 @Polkadot
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I have decided to vote against this proposal. The proposal has significant room for improvement, and since it is currently in the process of passing, more people must stand up and vote against it. If you hold $vDOT, you can vote here π«‘.
Proposal #684 from Chainalysis regarding their 10M USD payment is currently passing by a hair. I've felt the need to write my thoughts about this proposal in a report as I cannot see why large token holders can find any value in this proposal. My personal opinion:. In my past
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The stable yield and effective price anchoring mechanism of $vDOT make it gradually the most popular $DOT LST. β
2k holders milestone on @Bifrost, more coming.
Recently, @Polkadotβs Liquid Staking landscape is expanding rapidly due to its benefits for users. Letβs check our infographic below and together unveils some top #LSD projects in the ecosystem.
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6M milestone of $vDOT, +1.25M new $DOT minted in 10 days. @BifrostFinance
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It is now possible to pay for β½οΈ gas fees on @BifrostFinance (Kusama) using any token, making the user experience much better!. With @substrate_io, you can easily accomplish things that EVM smart contracts cannot. @BifrostFinance @ZenlinkPro @Polkadot @kusamanetwork
π€ We have recently upgraded our UI to allow using other tokens to pay for gas fees on Bifrost @kusamanetwork. The new supported tokens include $BNC, $vBNC, $KSM, $USDT, and $ZLK. You can toggle the token setting in and switch gas to another token if you
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Update: $13.79M worth of $vDOT has been supplied by @InterlayHQ, and staking rewards seem to be being leveraged.
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Already integrated, the $USDC liquidity pool live soon. @BifrostFinance.
1/ π¨ The wait is over!. Today, @circle has enabled #USDC, the second largest stablecoin by market cap, on Polkadot!. Now, every parachain in Polkadotβs ecosystem can access USDC natively without the need of a bridge. Learn more in the 𧡠below π
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$vMANTA is growing organically π«‘. @BifrostFinance @MantaNetwork
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Launch of the Kusama <> Polkadot bridge confirms the correctness of the design of Bifrost as the only mainnet, coming of the bridge allows Bifrost to smoothly upgrade from the Kusama parachain to the Polkadot parachain. @Polkadot @kusamanetwork @bifrost_finance
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There is over $1M of $vDOT on @InterlayHQ to ensure the security of $BTC cross-chain. If you're interested in how to build a vault and earn a higher APR on your $vDOT through $INTR incentives, you can refer to this document for more information.π
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We received a bot alert about a significant price swing in the $vDOT market at 3 a.m. on Saturday. I got out of bed and checked the dashboard, which easily confirmed that there were no security issues with @Bifrost. After that, we tried to contact the client through social.
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Both @Polkadot and @kusamanetwork are now supported by $vDOT and $vKSM, making it the first LST to retain governance rights through #XCM cross-chain interoperability. Let's keep the innovation going! π§ββοΈ. @BifrostFinance.
vDOT is now supported on Polkadot OpenGov! π. #DOT Stakers on Bifrost can retain their Voting Power. This significant milestone enhances our services to a trifecta of unique options on Bifrost:.πΈLiquid Stake DOT.πΈParticipate in DeFi.πΈGovern @Polkadot . Learn more. π§΅
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Key Information:.1. You can get an extra 20% bonus before 4/30 10:00am (UTC+0);. 2. No one contributes for 3 minutes, at least 5,000 $BNC prize pool goes to the last person;. 3. $vsDOT is about to reach the target of 1.8M volume and will launch the @ZenlinkPro liquidity pool.
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With stable high yield and active liquidity, $vDOT has experienced organic growth from zero to 1,250,000 π«‘. Data shows everything. @BifrostFinance @0xBifrostCN
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Get ready for a brand new @BifrostFinance LST that's about to launch! Are you excited to find out what it could be? π€.
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The value of borrowing and lending of $vDOT has exceeded $DOT in the @InterlayHQ lending market, with more LST use cases and more yield. @BifrostFinance
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Chatted with countless people in the past two days, some are old friends but more of them are passionate and creative young people who are new to #web3. #Dotsama #Token2049 π¦.
2/ The Polkadot booth saw @BitDotCountry, @bifrost_finance, @CESS_Storage, @DAM_Finance, @MoonbeamNetwork, @NovaWalletApp, @PhalaNetwork & @Web3Go speak to crowds of developers, blockchain enthusiasts, and more!
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$aUSD has been listed on Bifrost, you can complete the bi-directional crosschain of $aUSD between @KaruraNetwork <> @bifrost_finance
$KAR $KSM $LKSM can now be used to mint $aUSD.which will be on @Kusama parachains like @MoonriverNW @bifrost_finance @bsx_finance. $aUSD on Karura can be used on @AcalaNetwork & @Polkadot parachains soon. 1 fungible native multichain $aUSD for #DotSama.
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What's @BifrostFinance Stable Swap?. Swap 50k $vDOT to 59.4k $DOT immediately with only 0.5% slippage, and just 9.3 days of staking rewards can cover it.
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Said by @Bifrost Watchmen:. It only took 5 mins for this user to redeem the 2.8k staked $MANTA instead of 7 days. Due to the redemption matching mechanism of @Bifrost liquid staking, $vMANTA can be redeemed faster without any slippage. Faster, more opportunities @MantaNetwork.
Stake $MANTA natively on #MantaPacific, available now through @Bifrost. Staking unlocks $vMANTA, Bifrost's Manta LST, powered by @LayerZero_Labs. $vMANTA is used in the Manta Pacific ecosystem to unlock more DeFi activities. Learn how to natively stake $MANTA on Manta Pacific:
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Bifrost is continuously building and delivering. #PolkadotDecoded . @BifrostFinance @Polkadot @Tyronebrezzy @Titi1P
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