🛠 Tech Development

Runtime 19000 (In Progress)

• Replaced ParachainStaking with CollatorSelection on the Kusama network.
• Switched Bifrost-EVM native asset to Snowbridge-native ETH.
• Streamlined the structure and logic of the systemStaking module.
• Enabled execution of custom transactions via XCM.
• Fixed the issue causing random anomalies in the buyback mechanism.
• Updated the redemption fee formula for bbBNC.
• Integrated and adapted SLPx 2.0 pallet interfaces and logic.
• vETH 3.0 now supports redemptions to multiple Ethereum L2 networks.

Runtime 18000 (Upgraded)

• Upgraded Polkadot dependencies.
• Hyperbridge now supports cross-chain fee payments using stablecoins.
• Optimized Hooks to reduce on-chain performance overhead.
• Improved accuracy of the SLP ledger update mechanism
• Enhanced the trigger mechanism for the buyback process.
• Enabled bbBNC boost functionality for existing farming pools.
• Integrated SLPx with Hyperbridge.
• Optimized auto-update logic for Stable Swap rate to prevent update halts when reaching limits.

Website 2.0.0 (In Progress)

• Major development of the new visual design is complete and currently undergoing testing and optimization.

Product

Bifrost’s Total Value Locked (TVL) reached $54,825,174 this month, with 8,796,263 vDOT minted — a 2.7% increase from last month.

• Bifrost launched a new DOT Loan Proposal. This proposal's subsidy request has increased to 1 million DOT to align with the Treasury's diversification strategy. However, the total amount remains roughly equal at $4 million.

• Omni.ls tasks went live with Arkada x Soneium points campaign. Mint vASTR and provide liquidity via Kyo Finance to participate.

• Hydration launched gigaDOT, a yield aggregator combining vDOT staking, DOT lending, and trading fees. The product hit a hard cap of 2.222M gigaDOT within 48 hours and vDOT-DOT liquidity reached ~$9.5M.

Marketing

• April 1: Bifrost Dev Rel Lead joined PolkaWorld’s March Roundtable, discussing Polkadot’s latest technical trends, cross-chain liquidity, and OpenGov developments.

• April 6: Bifrost delivered a keynote on omnichain liquid staking at Polkadot 2025: The Road to Web3 Cloud in Hong Kong, highlighting interoperability’s role in Polkadot's future.

• April 17: Bifrost presented on the SLPx protocol during a PolkaWorld livestream, covering cross-chain liquidity mechanics and multi-incentive mechanisms that lower entry barriers and accelerate ecosystem participation.

• April 23: To foster content creation, Bifrost added a 50,000 BNC reward pool to the Polkadot Yappers campaign, encouraging deep dives, tutorials, and creative content about Bifrost.

• April 24: Bifrost Community Manager Thomas joined Arkada’s "The Path of Soneium" livestream to discuss how vASTR leveraged the Soneium campaign to boost both holder count and TVL, offering insights for future asset liquidity.