Development

Runtime 0.15.0

• Bifrost-Polkadot Collator successfully launched.
• Introduced vBNC on Bifrost-Polkadot.
• Addressed detailed migration processes for vBNC.
• Enhanced vTokenVoting to support vBNC.
• Optimized addresses for certain system revenue flows.
• Improved the bbBNC module.

Runtime 0.15.1

• Increased the redemption cap for vTokens per cycle to 1,000.
• Updated cross-chain transaction construction for Moonbeam and Moonriver SLP.

Omni LS 1.0.7

• Added support for commission channel inputs.

Product

This month, Bifrost's Total Value Locked (TVL) exceeded $109,886,941, while the total minted vDOT (TVS) reached 7,187,068 tokens.

Notably, vASTR had a remarkable performance with the total minted supply (TVS) surpassing 38,509,553, and a TVL of over $3.06 million, marking a monthly increase of 4.15%.

• Bifrost announced a DOT Unbonding subsidy program. If you unbond DOT from nomination pools or classic staking during the program period, you qualify for the subsidy!
• vBNC was successfully migrated to the Bifrost-Polkadot network. Users holding vBNC in Bifrost-Kusama have had their tokens migrated to the corresponding addresses on Bifrost-Polkadot. Additionally, the exchange rate for vBNC will soon be adjusted following the inclusion of Bifrost-Polkadot collators.
• Following the repayment of the 2023 Kusama Treasury Liquidity Loan, a new loan proposal for the coming year has now been released: Referenda 477
• Subscan launched a series of interface optimizations for the Bifrost-Polkadot and Bifrost-Kusama block explorers. These include new quick staking buttons, detailed asset distribution views, vToken USD pricing, and seamless navigation between Bifrost’s functional modules.

Marketing

On November 3, Bifrost Dev Rel Lead Tyrone participated in the Polkatalk event organized by AIWeb3, where he shared insights on the Bifrost Liquid Wave initiative and updates on BNC tokenomics 2.0.

On November 8, Bifrost attended the Staking Summit in Bangkok and shared views in a panel discussion titled “How to Attract Stake with Liquidity Incentives,” where Bifrost’s cross-chain LST offerings were introduced in detail.

From November 8 to November 29, the first phase of Bifrost Liquid Wave's LST Campers campaign was completed. Participants earned WAVE points by completing tasks such as liquid staking, governance voting, and inviting friends.

On November 11, the Coordination Day event sponsored by Bifrost took place successfully in Bangkok. Hosted by LXDAO, the event brought together philanthropists, researchers, communities, academics, public sectors, and foundations to collaborate through discussions, forums, and workshops.

On November 13, Bifrost joined a livestream hosted by PolkaWorld to introduce how users can participate in the Liquid Wave event, share in the BNC reward pool, and build a DeFi yield strategy.

On November 19, Bifrost took part in a livestream event hosted by ByDAO. As a omni-chain liquidity solution, Bifrost aims to break down barriers between chains. During the event, experts in the field discussed Bifrost’s cross-chain technical architecture, ecosystem strategy, and future plans.