Kusama prop. #129 Passes, Bifrost SALP to Decentralize Slot Bidding Contribution | Weekly Report 66
Bifrost Runtime has been upgraded to the new v0.8.3 release, which opens the Democracy, Council, Treasury, Bounty and Tech.comm. modules. At this stage BNC holders can participate in governance but cannot run for committee candidates for the time being. In advance of the removal of the Sudo (Super Administrator) module, and with the passage of Kusama #129, Bifrost SALP decentralized slot bidding contributions via XCM ump transact will become a case for interoperability by parachains calling the relay chain Crowdloan Contribute across chains.
Bifrost Dapp & Dashboard
v0.9.0 Interaction use case synchronization, bug regression
User selection pop-up optimization
Salp supports multiple Funds
v0.9.0 Interaction test case vCrowdloan
Bifrost.js update after new chain upgrade
council bug fix
Polkwallet uploads Bifrost plugin
Optimize cross-chain transfer amount display and add KSM fee display in settlement window
Add fee safety threshold — cross-chain test (when full amount is transferred, when procedures are insufficient)
Blockchain browser extranet parameters optimization
vsBond name adjustment
Input box input data retention issue
Global fix and optimization of retention value issue
Cross-chain testing (when full transfer is made, when procedures are insufficient)
coming soon fail auto-close related components optimization
Fix the overall page height positioning problem
Repair of scroll bar height on wallet page
Fix drop-down address bug
Dragging only supports integer dragging and restricts the input limit to 6 decimal places
Optimization of clearing window component
Bifrost Node & Runtime
Bifrost v0.8.3 test
Bifrost v0.8.3 released & upgraded
Bifrost depends on upgrading to polkadot-v0.9.9 & testing
Treasury Burn Target update
SALP contribute cross-chain process test
revamp salp with proxy which mapping to derivated parachain account
review&improve the proposal
test multisig proxy based salp flow
add rpc interface to query contribution
revamp salp flow with automatic unlock mechanism
wrap add memo into xcm for confirm service
revamp salp with construct of xcm messageId for confirm service
Migrate cc4.testnet to 18.104.22.168 for internal salp testing
Develop salp-confirm-service, complete the centralized data collection logic of Kusama and Bifrost
Cooperate with Zenlink upgrade to support local operation of LP Token
xToken module integration
On August 26th, BML co-founder Graves invited Bifrost Product Manager Tyrone, Acala open contributor Haibo, and Astar China regional head Song Mingshi to discuss how to map DeFi ecosystem projects on the Polkadot!
Bifrost filed referendum proposal #129 on the Kusama network, which aims to enable invocation of methods such as Contribute, Staking, etc. by raising the weight limit, which will significantly improve the scalability of the Kusama parachain and increase the depth of application. Details: https://kusama.polkassembly.io/referendum/129
On August 27, Polkawallet now supports the BNC inquiry function on the Bifrost chain. Log in to polkawallet.io to check the balance of BNC and derivative assets.
On August 28th, Bifrost product designer Yancy was invited to join the Polkadot series of offline events in Shenzhen organized by PolkaWorld to have an immersive discussion on how “interoperability” is actually implemented between their projects. With the first batch of parachains coming online, what interoperability scenarios have been brought about?
Bifrost Runtime 0.8.3 update is complete and goes live with Foundation Module Governance and KSM Handbook. In the next update, cross-chain functionality will be enabled via XCM and xToken.
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