Development

Runtime 16002

• Optimized the token selection logic for Flexible Fee.
• Integrated with Hyperbridge.
• Optimized logic for bbBNC modules.
• Reduced the basic transaction fees for Bifrost EVM addresses.

Omni LS 1.0.8

• Integrated the latest transaction interface of SLPx.
• Disabled vFIL-related functionalities.

Campaign 1.1.0

• Developed the BNC Explorers campaign.

Dapp 1.9.4

• Supports cross-chain transfers for multiple tokens between Bifrost-Polkadot and Layer2 networks through Hyperbridge.

Product

This month, Bifrost's Total Value Locked (TVL) reached $64,661,367, and the total minted vDOT (TVS) was 8,515,720.

Among these, vASTR performed exceptionally well, with the total minted amount (TVS) surpassing 97,551,416, and its total TVL exceeding $3.86 million, showing a 38.06% month-over-month growth.

• Bifrost officially completed the integration of the Hyperbridge module, successfully enabling cross-chain interoperability for multiple vTokens, including $BNC,$vDOT, and chains such as Base, Arbitrum, Optimism, and BNB Chain.

• After referendum #95 passed, Bifrost has deployed liquidity to multiple chains.

• Bifrost, in collaboration with Hyperbridge and Snowbridge, has submitted a joint proposal to the treasury requesting 795,000 DOT to incentivize liquidity for DOT/ETH and vDOT/ETH across multiple chains. The proposal details can be found here.

• Bifrost, in partnership with Phala, launched the vPHA Pre-mint Event. Users can participate in the early minting of vPHA through omni.ls or the Phala Dapp.

Marketing

On February 18-19, Bifrost attended the Hong Kong Consensus Conference! During this event, Bifrost's Dev Rel Lead participated in a developer workshop hosted by EasyA and shared insights in the "Building on Polkadot: an Asia take" roundtable discussion.

On Feburary 21, WUD has joined the Bifrost Reward Share Program! Through this program, we have formed a strategic partnership with the Degen community to foster long-term collaboration and promote sustainable community growth.

On February 26, Bifrost Co-founder Lurpis participated in the JAM Tour events in Beijing, delivering a Pre-Talk where he shared his views on the evolution of Polkadot and the future development of JAM.

On February 27, Bifrost Dev Rel participated in a live-stream event hosted by Polkaworld. The live stream focused on the integration of Hyperbridge and provided an overview of the DOT incentive proposal.

On February 27, the second phase of the Liquid Wave campaign, BNC Explorers, officially launched. During this campaign, completing tasks allows users to earn WAVE points, share BNC rewards, and later redeem bbBNC.