Dear Bifrostian👥

With Bifrost winning the 5th Kusama Slot Auction, Bifrosts innovative SLP and SALP Protocols are going live soon and more and more vTokens will be minted.

By using the Staking Liquidity Protocol mutliple Staking Tokens from different Blockchains will be integrated to release Liquidity and enable DeFi Opportunities to our Community.

The Slot Auction Liquidity Protocol can be used to participate in future Crowdloans on Kusama and Polkadot and to release Liquidity and lower the Opportunity Cost of locking the KSM/DOT during the Lease Period.

Bifrost Discord has now added more Roles for Community Members and added the Role “Asgardian” for Early Supporters and Kusama Crowdloan Participants. Every Asgardian gets Access to a new private Chatroom “Asgard” and as a Special for this group Bifrost may also have some Benefits in the Future. To get Access to the new Role our Admins need to verify that the Contribution was made by the Discord User.

Before contacting the Bifrost admins to join the channel, please do a little verification first. Here is an example of the verification.

Step one: Please login to polkadot js with the address where you participated in the Bifrost Crowdloan or vsKSM Mint Drop: https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama-rpc.polkadot.io#/signing

Step two: Please select developer and click sign&verify

Step three: Input your discord username#number then click on the button in the lower right corner of Sign message

Step four: Then you will get your signature of supplied data

Step five: Please submit the participating Kusama address and signature of supplied data you just signed to the Bifrost admin on the Bifrost Discord channel to verify the Contribution was made by the Discord Username.

Bifrost Admins Discord ID:

Admin 1: x1anon#6447

Admin 2: DarkSpark#3739

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