Bifrost’s Total Value Locked (TVL) reached $38,099,435 in February.
During February, the Bifrost Polkadot parachain executed multiple runtime upgrades (Referenda #177 and #179), focusing on code refactoring, performance optimization, and improved compatibility with the latest Polkadot SDK.
A governance proposal #178 introduced technical adjustments for vETH Excess Reserve Handling, optimizing liquidity management and improving capital efficiency.
The vDOT Delegation Voting feature is now live. Users can participate in Polkadot OpenGov directly through vDOT and delegate voting power to a chosen address — enabling deeper governance participation without sacrificing staking yield.
The DeFi Singularity campaign continues across Ethereum, Base, Arbitrum, and BSC. Bifrost provides ongoing vDOT liquidity incentives via Uniswap to expand cross-chain yield opportunities.
Participation portal: https://defisingularity.com/explore
The Bifrost Discord points system is now live, rewarding authentic participation and long-term contribution. Users can earn points through tasks, engagement, and on-chain asset binding to unlock tiered roles and redeem rewards including merchandise, WUD NFTs, and BNC.
On February 5, Bifrost DevRel Lead Tyrone joined Pharos for the online roundtable “Composing Real Yield”, discussing sustainable RWA-backed yield models, how real-world cash flows are converted into on-chain products, and the next phase of DeFi–RWA integration.
https://x.com/pharos_network/status/2018980373510992039
From February 11–17, Bifrost hosted the BNC Lunar New Year Drop, distributing 30,000 BNC through daily on-chain airdrops and coordinated X + Discord giveaways. The campaign boosted ecosystem engagement and on-chain activity during the holiday season.
