Bifrost has completed Phase 0 of its decentralised mainnet implementation path | Weekly Report 64

Development

Bifrost Node

  • Bifrost Runtime upgrade v0.8.1

  • farming moudle dev & testing

  • BNC distribute script

  • vesting moudle update

  • reproduce and trace the stalled issue

  • found in cc4 salp test

  • temporary workround with some hack in cumulus for salp test

  • try-runtime integration

  • SALP test support

  • Update CurrencyId module, add LPToken, convert to u64 encoding order

  • vsBond auction benchmarking

  • Slack Parachain Alarm Rules Integration

  • add optional manual-seal consensus for dev runtime

  • add scripts for local docker deployment with parachain launcher & improve readme accordingly

  • add scripts for pm2 deployment integration

  • support crosschain asset transfer test

  • add script for wasm build with srtool

  • trace progress of snowfork bridge

Bifrost Dapp & Dashboard

  • Loading state dynamic colour scheme adaptations

  • Generic clearing popups (transfer/mint/contribute/onChain types)

  • Wallet module UI update and vsBond support

  • Wallet module vsKSM/vsBond transfer support

  • vCrowdloan Farming

  • vCrowdloan Market

  • Mint api fixed

  • SALP auction centralised interface docking

  • bifrost.js upgrade

  • Update bifrost-subql type

  • Test zenlink event collection

  • Update bifrost-service synchronously

  • Complete and modify findall, findone queries for zenlink and auction

  • Modify bifrost-service zenlink price logic

  • Relay chain asset API access

  • Asset module optimisation — currently lists BNC / vsKSM / vsBond / KSM

  • Account List, Wallet Optimization

  • Add BNC to user.balance

  • polkadot.js browser plugin to respond to address changes on the Dapp in real time, enabling real-time linking to optimize address-related experience

  • Main navigation icon colour update

  • Overall colour version updated with new brand colours

  • paingation style update

Ecosystem

  • On 6 August, WebX Labs hosted a WebX Labs — Variables session with Staking derivatives protocol Bifrost live on the WebX WeChat community, where Tyrone gave a detailed analysis of the bidding slots, Bifrost’s recent progress and recent planning priorities, and how to help the second batch of Kusama slots to be auctioned.

  • On 12 August, Bifrost and OpenSquare collaboration platform CoinAsk.io entered into a partnership and joined the forum. In the future, Bifrost will occasionally synchronise its projects and discuss topics with content creators in the CoinAsk forum.

  • On the 13th of August, Bifrost participated in the product launch event, Stars of Tomorrow — Witness the new Kusama Eco DeFi play, organized by ODaily with Acala, participated in a roundtable discussion on the interactive play of Kusama Eco DeFi and shared ideas that Bifrost will laterally develop derivatives ecosystem to support ETH2.0 including other heterogeneous chains.

  • ETH performance continues to be optimised as London is upgraded. Bifrost has also started a vETH community in Wechat. Bifrost has also started a vETH community. All participants of Bifrost’s first and second minting sessions are welcome to contact Bifrost’s WeChat assistant: bifrost01 to join the community.

  • On 14 August, Bifrost published a public article the Realization Path of Bifrost’s Decentralized Mainnet. The latest roadmap from reward distribution to governance is presented in detail in 5 Phases. Bifrost has now completed Phase 0 and will go live with the Bifrost council and Technical Committee modules and confirm the first 7 council members and 3 Technical Committee members.


What is Bifrost?

Bifrost is the Polkadot Ecological DeFi basic protocol. It is committed to becoming an infrastructure for pledged 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 Builder’s Program and Web3.0 Bootcamp.

vToken can optimize transactions in multiple scenarios such as DeFi, DApp, DEX, CEX, and realize the transfer channel of pledge rights such as staking and crowdloan through vToken, realize the risk hedging of pledge 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 | SubSocial

Bifrost is the Polkadot Ecological DeFi basic protocol. It is committed to becoming an infrastructure for pledged assets to provide liquidity. It has launched a derivative vToken for Staking and Polkadot Parachain... Learn More

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