Search results for "BFC"

Nansen becomes a validator for Bifrost Network

BlockBeats news, on March 1st, according to Crowdfund Insider, blockchain data analysis company Nansen announced to become Bifrost Network validators. As a multi-chain L1 network that supports EVM and non-EVM environments, Bifrost provides BTCFi services, allowing users to stake BTC while maintaining Liquidity, and issuance BTC Stable Coin.
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Bifrost Liquid Wave has exceeded 100,000 pre-order Address

Odaily Planet Daily Bifrost Liquid Wave is a pre-launch event for Bifrost Tokenomics 2.0. The event started accepting reservations on October 23 and has already surpassed 100,000 addresses. It has officially entered the first LST minting phase. During this phase, users can mint Bifrost LST to accumulate WAVE points and redeem rewards through WAVE.
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OneBlock+ community will hold the 2024 Polkadot Hackerthon (Bangkok Station) final Demo Day in Bangkok, Thailand on November 16.

On November 16th, the OneBlock+ community will host the 2024 Polka Hackerthon final Demo Day in Bangkok, Thailand, providing various assistance to the development teams of the Polkadot ecosystem. The competition sets four main themes, with a total prize pool of $315,000. Bounty sponsors include Vara Network & Gear, CESS Network, Unique, Bifrost, Darwinia Network, Moonbeam, Blockchain for good, etc.
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Odaily Planet Daily News Official sources said that vMANTA, supported by the whole-chain liquidity protocol Bifrost, will realize fee-free transaction mining and loop lending through Gull Network and Monroe. Recently, Bifrost combined with LayerZero to achieve native stake for MANTA token within Ethereum Layer2 Manta Pacific. Users can stake MANTA on omni.ls using Metamask wallet without cross-chain interaction. After staking, users can receive liquidity provider token vMANTA. You can trade vMANTA on Gull Network without any fees or provide liquidity to earn mining rewards. You can also borrow stablecoins on Monroe for circular lending.
Bifrost stated in a post on X platform that 9.5 million vDOTs were minted on Bifrost. A proposal from HydraDX was passed today, which transferred 1 million DOTs (approximately 6.9 million USD) from HydraDX treasury to Bifrost for liquidity staking, and subsequently generated income for the HydraDX treasury using DOT LST. The on-chain proposal voting has been passed and successfully executed, marking the decentralization governance and cross-chain composability of Polkadot's Appchain ecosystem.
HydraDX Treasury passed an important proposal on April 29th, transferring approximately $7 million worth of DOT from the HydraDX treasury to Bifrost for participating in cross-chain liquidity stake, and subsequently generating income for the HydraDX treasury using DOT LST. The on-chain proposal vote has been passed and successfully executed, marking the decentralization governance and cross-chain composability of the Polkadot ecosystem. Currently, Bifrost is the largest liquidity staking Appchain on Polkadot, providing liquidity staking with a minting scale of 9.65 million DOT tokens, with a market cap of approximately 66 million.
On April 29th, HydraDX Treasury approved a significant proposal to cross-chain approximately $7 million worth of DOT from HydraDX Treasury to Bifrost for liquidity staking. Subsequently, DOT LST will generate revenue for HydraDX Treasury. The on-chain proposal vote has been passed and successfully executed, marking the decentralization and cross-chain composability of Polkadot's Appchains. Currently, Bifrost is the largest liquidity staking Appchain on Polkadot, providing liquidity staking with a minting scale of 9.65 million DOT and a market cap of approximately 66 million.