This month, Bifrost's total value locked (TVL) reached $77,447,366, while the total minted vDOT (TVS) hit 8,532,102, an increase of 72,801 tokens compared to last month.
Among them, vASTR stood out with outstanding performance, reaching a total minted supply (TVS) of 34,205,384 tokens and a total value locked (TVL) exceeding $2.41M, reflecting a month-on-month growth of 28.06%.
On September 2, Bifrost participated in an AMA event organized by the CryptoPros community. During the event, Bifrost provided detailed insights to users in the Asia-Pacific region on the operational mechanism of its liquid staking service, the unique advantages of Bifrost LST, and future plans for its new economic model.
From September 16 to 18, Bifrost attended Decoded Asia 2024 and Token2049 in Singapore. Tyrone, Bifrost’s Head of Developer Relations, delivered a keynote speech titled "Is Restaking Just a Passing Fad? Expanding Polkadot Consensus with Bifrost Infrastructure." Additionally, Bifrost hosted a booth at the Polkadot stand, distributing a large number of high-quality exclusive merchandise to attendees.
On September 26, Bifrost's Head of Developer Relations participated in the first session of the Polkadot Vietnam Hackathon seminar. The seminar focused on how to build DeFi applications based on Bifrost's liquid staking tokens (LST). During the event, he delved into the technical implementation of Bifrost LST and engaged in Q&A interactions with the attendees.
On September 28, the "Polkadot & Friends" event, co-hosted by Bifrost, was successfully held in Hong Kong. Bifrost gave a keynote presentation during the event. The event aimed to explore the emerging opportunities brought by Polkadot 2.0 and the future prospects of TON ecosystem integration.
