Bifrost
The Staking Yield LayerFor Digital Assets
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Monthly Report | Advancing RealFi Infrastructure and Governance Initiatives
Monthly Report | Advancing RealFi Infrastructure and Governance Initiatives
Tech Development Runtime 25000 (In Testing) Introduced a risk management mechanism for large inbound cross-chain asset transfers Added stablecoin accumulation for FeeShare operational revenue Updated bbBNC reward distribution to automatically create bbBNC positions Backend Services (In Development) Ongoing backend architecture refactoring and optimization Enhanced monitoring and alerting systems External Integrations (Released) Developed stPROS smart contracts for Pharos mainnet Developed stPROS Yield Vault contracts Integrated the Pre-Mint Fixed Yield Vault Developed and launched the Pizza Day campaign Product Updates Bifrost’s Total Value Locked (TVL) reached $27,941,305 this month. As Polkadot OpenGov Referendum 1890 proposes raising the minimum validator self-bond requirement, vDOT is positioned to benefit from several key advantages: Nominators remain fully protected from slashing risk Users continue to enjoy a faster exit experience compared to native staking Once fast unbonding is implemented, vDOT is expected to achieve tighter vDOT-DOT peg efficiency and create more frequent arbitrage opportunities The Bifrost community is currently voting on a proposal regarding the bbBNC reward claiming mechanism. Community sentiment currently favors Option 3, under which protocol revenue distributed as liquid BNC would be subject to a 30% discount. The proposal remains open for discussion and voting: Meanwhile, PROS Pixel, a GameFi project developed by Bifrost team members, launched a new Pizza Day Campaign. The event incentivizes activity within designated pizza-themed zones through rotating reward distributions, encouraging users to participate in collaborative pixel art creation. Explore the campaign: https://prospixel.xyz/ Marketing & Community On May 7, Bifrost Fellowship member Giki attended Consensus 2026, representing the Bifrost community and engaging with developers, founders, and ecosystem participants from across the industry. During the event, she distributed exclusive Bifrost merchandise and helped strengthen connections within the global Web3 community. On May 27, Bifrost Product Marketing Lead Tyrone participated in the “Crypto Vaults, Payments and Real-World Yield” AMA alongside representatives from DigiFT, FOMO Pay, and Amber Group. The discussion focused on the convergence of on-chain yield, payments, and real-world assets, as well as how idle digital assets are evolving into productive, liquid, and spendable financial primitives. On May 28, Bifrost officially initiated the interest repayment process for its Polkadot Treasury liquidity loan. The protocol is gradually withdrawing liquidity from the DOT-vDOT pool and redeeming vDOT positions in order to return the full interest generated over the loan period back to the Polkadot Treasury, demonstrating a transparent and accountable use of treasury-backed capital.
Products
2026 / 05 / 30 16:00
Bifrost April Update: Security & RWA Expansion
Bifrost April Update: Security & RWA Expansion
Tech Development Runtime 24001 (Released) Fixed atomicity issues in exchange rate safety checks Runtime 25000 (In Development) Introduced FeeShare, a risk control mechanism for large cross-chain inbound transfers Enabled stablecoin accumulation for operational expenses Updated bbBNC reward distribution to be issued as bbBNC positions External Integrations (Released) Added dual-network support for stPROS (mainnet & testnet) Improved on-chain data loading and display efficiency Optimized interaction logic and overall user experience Introduced basic social features and identity layer Enhanced campaign mechanics and automated settlement processes Product Updates Bifrost’s Total Value Locked (TVL) reached $28,335,679 in April. Following an MMR proof replay attack on the Hyperbridge gateway contract, the Bifrost team immediately took action: All Bifrost–Hyperbridge cross-chain channels were disabled Minting and redemption services related to Hyperbridge were suspended Hyperbridge’s permission to mint/burn vTokens was revoked The team confirmed that all core on-chain reserves remain fully backed 1:1, and all native vTokens are secure (with the exception of mirrored assets bridged to Base, such as vDOT, which were isolated). No unauthorized minting occurred. Core Polkadot functionalities, including staking, trading, lending, and XCM cross-chain services, remain fully operational and unaffected. The team continues to work with Hyperbridge on security assessments and will restore services once conditions are deemed safe. In parallel, the Bifrost team introduced a new project, PROS Pixel, a fully on-chain pixel art game built on Pharos Network. Featuring a 1000×1000 canvas (1 million pixels), each interaction is recorded as an on-chain transaction, with the final buyer claiming the prize pool under the concept: “Paint pixels. Win the pot.” On April 28, Pharos Network Pacific Era mainnet officially launched with over 50 dApps going live on day one. Faroo, powered by Bifrost infrastructure, launched as a native partner, building a Hybrid Yield framework on Pharos. This enables staked $PROS to become composable yield-bearing assets, combining network staking rewards with real-world income streams. Marketing & Community On April 1, the Bifrost team attended EthCC in Cannes, engaging with developers and industry participants. During a breakfast session, Founder Lurpis presented Bifrost’s latest product developments and use cases. On April 17, Bifrost joined a RWA-focused online roundtable co-hosted by Faroo and Web3 Labs. Founder Lurpis participated alongside ecosystem leaders to discuss the evolution of real-world assets from narrative to institutional adoption, as well as the role of on-chain liquidity and infrastructure innovation. On April 19, Bifrost traveled to Hong Kong to co-host the closed-door event “RWA: The Evolution of Global Liquidity”. Lurpis joined a panel discussion on RWA staking and on-chain liquidity reconstruction, exploring how liquid staking infrastructure can enhance capital efficiency for tokenized real-world assets and drive scalable adoption.
Announcements
2026 / 04 / 30 12:30
Bifrost Community Reward Program is Live
Bifrost Community Reward Program is Live
Bifrost Discord is the core hub for Bifrost users, builders, and long-term supporters. The community operates on a transparent points system designed to recognize real participation, meaningful contributions, and long-term alignment with the protocol. By completing tasks, engaging with the community, and binding your on-chain assets, you can continuously earn points, unlock roles, and redeem rewards in the Marketplace. Points Overview Bifrost Discord points consist of two components that reflect both long-term alignment and active participation. Balance Points Balance Points are calculated automatically based on your vToken holdings across the Bifrost ecosystem, valued in USDT. Snapshot rules Asset snapshots are taken on the 5th of each month for the previous month. Each user may bind up to 10 wallet addresses. The total balance across all bound addresses will be aggregated. vToken Value (USDT) Monthly Points < 500</td> 0 500 – 999 100 1,000 – 2,999 200 3,000 – 4,999 400 5,000 – 9,999 700 10,000 – 49,999 1,000 50,000 – 99,999 1,800 ≥ 100,000 3,500 Supported assets BNC and LP assets vBNC and LP assets bbBNC vDOT and LP assets on Bifrost and Hydration vMANTA vASTR Task Points Task Points reflect your day-to-day participation and community contributions. Task Points include social engagement, quests, community activities, and original content creation. Activity Points Channel X interaction 6-10 bifrost-quest Visit website 2 bifrost-quest Visit YouTube 3 bifrost-quest Participate in Space 10 bifrost-quest Quiz 100 quiz-game Invite 3 invite-to-earn Creation 10-500 meme-frosty How to Join Community Reward Program All participation, binding, task completion, and reward redemption are managed directly through the Bifrost Discord community. Follow the steps below to complete your setup and start earning points. Getting Started Guide If you are new to Bifrost Discord, follow these steps to get started: 1. Join our Discord After joining, please review the community rules and announcements to stay informed about ongoing campaigns and updates. 2. Bind your wallet and social accounts Go to the #command-only channel and complete the following bindings: The binding process varies depending on the type of wallet you use: EVM Address Enter /set wallet and paste your EVM address EVM wallets are used for task participation only. They currently do not support balance tracking, so no Balance Points will be generated. Bifrost Address Type /set wallet and paste your Bifrost address Open the Engage Website Log in with Discord Connect your Polkadot wallet You have to click on the account and sign in your wallet to finish connection. After completing the signature, the system can track your on-chain assets and correctly calculate your Balance Points. Bind X account Enter /set twitter and submit your handle Open the Engage Website Log in with Discord Bind your X account in the Profile section Bind Telegram Enter /set telegram and submit your Telegram handle Open the link to complete verification Connect Discord in the Profile page and enter the code Bind YouTube Enter /set youtube and submit your channel name 3. Complete tasks Participate in community activities to start earning task points: In #bifrost-quest, complete interactive quests such as social engagement, website visits, and campaign tasks In #quiz-game, join quizzes and mini games for bonus points In invite-to-earn, generate your invite code and invite new members to earn points Task points are credited automatically once the task is completed. 4. Share your creation Create original content related to Bifrost, ecosystem education, product tutorials, or creative memes. You may publish creative memes or share your self-created X posts in the #meme-frosty channel. Content contributions are reviewed by moderators and rewarded with bonus points based on quality and community impact. 5. Earn monthly points from your token holdings Bind up to 10 wallet addresses to allow the system to calculate your total vToken holdings. Balance snapshots are taken monthly, and holding eligible assets will generate Balance Points automatically. Supported assets include vTokens, bbBNC, BNC, and LP positions within the Bifrost ecosystem. 6. Unlock role levels automatically as your points grow As your total points increase, your role level will be upgraded automatically. Level Required Points LV1 150 LV2 500 LV3 1,200 LV4 2,500 LV5 4,000 LV6 8,000 LV7 10,000 LV8 30,000 Higher roles may unlock additional privileges, campaign access, and future ecosystem opportunities. You can check your current level anytime using /profile. 7. Redeem rewards in the Marketplace Visit the Marketplace channel to browse available rewards. Click Buy Item Select the reward you want to redeem Confirm the purchase Points will be deducted instantly after redemption. Reward List Reward Monthly Quantity Points Role Gate T-shirt 5 5,000 — WUD NFT Legend 3 6,000 — WUD NFT EPIC 4 4,000 — WUD NFT Rare 10 3,000 — 25 BNC 20 500 LV3 50 BNC 10 1,000 LV3 100 BNC 10 2,000 LV3 Reward inventory and availability may change periodically. FAQ Q1: Why don’t I see any points after binding my wallet? Balance Points are calculated and distributed on the 5th of each month based on the previous month’s snapshot. Please wait for the next distribution cycle. Q2: Can I bind multiple wallets? Yes. You can bind up to 10 wallet addresses. The system aggregates the total balance across all bound wallets. Q3: Do points expire? Points currently do not expire. Marketplace rewards have limited monthly availability, so early redemption is recommended for popular items. Q4: What happens to my points if I delete my Discord account? All points will be reset if your Discord account is deleted. Please proceed with caution. Q5: How do I change my default wallet? Use the /profile command in the #command-only channel and select Change Wallet. Q6: What should I do if I notice any point discrepancies? Please submit a support ticket in the Discord community for assistance. Important Notice Point rules and reward availability may be adjusted at any time. Please refer to official Discord announcements for the latest updates. Last updated: January 2025 For questions or support, please open a ticket in the Discord community. Join the Bifrost Discord rewards community and start your journey today. Hold, participate, level up, and redeem. Every step creates value.
Events
2026 / 02 / 04 07:30
vDOT Delegation Voting Is Live: Taking Polkadot Governance One Step Further
vDOT Delegation Voting Is Live: Taking Polkadot Governance One Step Further
In 2025, Polkadot OpenGov went through a deliberate phase of consolidation. A total of 482 proposals entered voting this year — more than 50% fewer than in 2024. But fewer proposals didn’t mean lower quality. In fact, the average DOT per proposal jumped 50% in November, monthly unique voters stayed stable, and participation clearly spiked during major decisions. When it really mattered, voters showed up. This year also saw a historic decision to set a supply cap for DOT, while the Treasury continued funding infrastructure and ecosystem. Another major proposal Referendum #1827 is live, signaling another upcoming change to staking mechanics. Every major upgrade on Polkadot is decided on-chain through OpenGov, with the community actively shaping each critical moment. The next step for governance is simple — bring more holders into the process. That’s exactly what Bifrost’s vDOT Delegation Voting unlocks: a way for liquid staked DOT holders to finally activate their governance power and participate in OpenGov more easily. vDOT: The First Liquid Staking Token with Native Governance Right Unlike most liquid staking tokens, vDOT preserved DOT’s governance rights from day one. If you hold vDOT, you can already vote directly in Polkadot OpenGov through the Bifrost Dapp — yield, liquidity, and governance are fully integrated. Now, with delegation voting live, governance becomes even more accessible. If you don’t have time to research every proposal, you can simply delegate your voting power to someone you trust and stay involved without extra effort. Governance and Staking Yield, Working Together vDOT delegation follows Polkadot’s native Delegation Voting model, with some important upgrades on Bifrost. Same delegation mechanics as DOT You can delegate your vDOT to any address with a conviction multiplier from 0.1x to 6x. Your voting power scales based on the multiplier you choose. Let’s walk through a simple example: Bob delegates 10 vDOT to Alice with 6x conviction (224-day lock). Alice votes on a proposal using 1 vDOT at 0.1x conviction, voting AYE. Bob’s delegated 10 vDOT automatically follows Alice’s vote with 6x weight, contributing 60 votes in the same direction. During the voting period, Bob can cancel the delegation at any time and regain control immediately. If Bob cancels after voting ends, he’ll need to wait until the 224-day lock expires to unlock. In the current version, delegation applies to all governance tracks by default. Future upgrades will support track-specific delegation, letting users assign different delegates for different topics. Feature DOT Delegation vDOT Delegation Delegate to any address ✅ ✅ Conviction (0.1x–6x) ✅ ✅ Track selection ✅ Default: All tracks Cancel anytime ✅ ✅ BNC-powered governance delegation vDOT also introduces something new: BNC-driven governance via the vDOT Delegation Track (DVT). Users can delegate their vDOT directly to Bifrost OpenGov’s DVT, a dedicated governance track that aggregates all delegated vDOT voting power. On DVT, BNC holders vote to decide how the pooled vDOT votes are cast, creating a cross-asset governance loop where BNC helps steer DOT governance. This effectively links BNC and vDOT inside the governance system and opens up new utility for BNC. Why This Matters Delegation brings new energy into the governance ecosystem. Today, many vDOT holders are already active in DeFi protocols like Hydration while also participating in OpenGov — playing both capital and governance roles. Users naturally fall into two groups: DeFi-focused users who want capital efficiency but don’t have time to track governance. Governance-focused users who understand proposals and are willing to act as representatives. Delegation voting lets DeFi users stay involved without friction, while active participants can build reputation and become trusted voters over time. Most importantly, delegation voting never transfers asset ownership. Whether you delegate to another address or to Bifrost DVT, your vDOT always stays in your own wallet, and you can revoke delegation anytime. If your delegated vDOT participates in a vote, it will follow the chosen conviction lock. If you don’t delegate, your liquidity and redemption flow remain unchanged. This gives users full flexibility to balance governance participation and capital control. Expanding BNC Utility vDOT delegation also reflects a broader goal: lowering the barrier to governance participation. Healthy governance depends on whether users can participate with low cognitive cost. Delegation makes participation easier while allowing governance to evolve toward more structured and accountable representation. At the same time, the DVT model brings BNC directly into the governance engine, creating a shared voting pathway with vDOT and expanding BNC’s long-term utility and narrative. vDOT Delegation FAQ How do I delegate my vDOT? Go to Bifrost Dapp Open vDOT → Governance Click Delegate Voting Enter a delegate address or select DVT Choose your conviction multiplier (0.1x–6x) Sign and confirm What’s the difference between Capital and Vote? Capital: the amount of tokens you hold Vote: your effective voting power = Capital × Conviction Why delegate to Bifrost OpenGov (DVT)? DVT represents the Bifrost community when voting on Polkadot governance proposals. If you’d like your vDOT voting power to be decided collectively by the Bifrost community, DVT is a great option. What happens if someone delegates to me? Any delegated voting power automatically follows your votes. If 10 vDOT are delegated to your address, those votes will follow the same direction and conviction when you vote. Can I cancel delegation? Yes — you can cancel anytime. If voting is still ongoing, you can unlock immediately by updating your vTokenVoting action. If voting has ended, you’ll need to wait for the conviction lock to expire.
Products
2026 / 01 / 14 07:30
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