Products

Tech Development Runtime 25000 (Released) Runtime 25000 has been successfully deployed with several infrastructure improvements, including: A new risk control mechanism for large inbound cross-chain asset transfers USDT accumulation for the FeeShare operational revenue model Automatic creation of bbBNC positions when distributing bbBNC rewards Runtime 25002 (In Testing) Development of Runtime 25002 is currently underway with the following improvements: Fixed reward settlement snapshot logic for expired bbBNC positions Reduced PaymentInRound for parachain staking to 90 BNC per round Tightened access control for the SLPv2 add_delegator call Faroo 0.3.0 (In Testing) Development continues for the next Faroo release, including: stPROS staking contract for Pharos mainnet stPROS Yield Vault contract Integration of the Pre-Mint Fixed Yield Vault into the Faroo dApp Backend Services (In Development) The backend infrastructure continues to be upgraded with: Ongoing architecture refactoring and optimization A more comprehensive monitoring and alerting system Product Updates Bifrost’s Total Value Locked (TVL) reached $17,941,305 this month. Bifrost Proposes Renewal of the 1M DOT Treasury Loan Bifrost has submitted a proposal to renew its 1 million DOT Treasury loan for another 12 months. The proposal includes full repayment of the previous loan’s 53,185 DOT interest, a new blended interest rate of approximately 3%, and a commitment to use the capital exclusively for vDOT staking and liquidity support. The proposal also enables vDOT holders to participate in Polkadot OpenGov through delegated voting. Read the proposal on Polkadot OpenGov: https://polkadot.subsquare.io/referenda/1904 Preparing vDOT for the Polkadot DAP Upgrade Bifrost is actively preparing vDOT for the upcoming Polkadot Dynamic Allocation Pool (DAP) upgrade. Once implemented, the network’s unbonding period will be reduced to 2 days, allowing vDOT holders to benefit from: Lower network-level staking risk Higher capital efficiency More frequent arbitrage opportunities between vDOT and DOT Faroo Launches stPROS Pre-Mint Faroo officially launched the stPROS Pre-Mint campaign this month, allowing users to subscribe through the Faroo App and receive early access before the public launch. Learn more and join the campaign: https://app.faroo.xyz/pre-mint Marketing & Community DAP Reform Brings New Opportunities for vDOT Polkadot OpenGov Referendum #1909 introduces the Dynamic Allocation Pool (DAP) reform, allocating 22.6% of staking rewards toward validator self-stake incentives while adopting a 0% validator commission model. For Bifrost vDOT, these changes are expected to improve validator capital allocation and staking efficiency without changing the underlying risk profile. Read more: https://x.com/Bifrost/status/2069363718283309307 Reminder for Interlay & Kintsugi Users Bifrost reminded users that the Interlay and Kintsugi networks will officially shut down on July 22, 2026. Users holding vDOT, vKSM, BNC, or other assets on either network should withdraw their assets before the deadline, as any remaining assets may become inaccessible once the networks are discontinued. More details: https://x.com/Bifrost/status/2065479295259271174 Proposal to Make vDOT a Zero-Fee Liquid Staking Token The Bifrost Foundation has officially submitted a proposal to remove the remaining protocol fees on vDOT by: Reducing the staking commission from 10% to 0% Eliminating the 0.1% unstake fee If approved, vDOT will become a zero-fee liquid staking token, allowing holders to receive 100% of DOT staking rewards while staking and redeeming without protocol fees. The proposal is currently open for community discussion and governance voting. Learn more: https://x.com/Bifrost/status/2071522039152914649

Tech Development Runtime 25000 (In Testing) Introduced a risk management mechanism for large inbound cross-chain asset transfers Added stablecoin accumulation for FeeShare operational revenue Updated bbBNC reward distribution to automatically create bbBNC positions Backend Services (In Development) Ongoing backend architecture refactoring and optimization Enhanced monitoring and alerting systems External Integrations (Released) Developed stPROS smart contracts for Pharos mainnet Developed stPROS Yield Vault contracts Integrated the Pre-Mint Fixed Yield Vault Developed and launched the Pizza Day campaign Product Updates Bifrost’s Total Value Locked (TVL) reached $27,941,305 this month. As Polkadot OpenGov Referendum 1890 proposes raising the minimum validator self-bond requirement, vDOT is positioned to benefit from several key advantages: Nominators remain fully protected from slashing risk Users continue to enjoy a faster exit experience compared to native staking Once fast unbonding is implemented, vDOT is expected to achieve tighter vDOT-DOT peg efficiency and create more frequent arbitrage opportunities The Bifrost community is currently voting on a proposal regarding the bbBNC reward claiming mechanism. Community sentiment currently favors Option 3, under which protocol revenue distributed as liquid BNC would be subject to a 30% discount. The proposal remains open for discussion and voting: Meanwhile, PROS Pixel, a GameFi project developed by Bifrost team members, launched a new Pizza Day Campaign. The event incentivizes activity within designated pizza-themed zones through rotating reward distributions, encouraging users to participate in collaborative pixel art creation. Explore the campaign: https://prospixel.xyz/ Marketing & Community On May 7, Bifrost Fellowship member Giki attended Consensus 2026, representing the Bifrost community and engaging with developers, founders, and ecosystem participants from across the industry. During the event, she distributed exclusive Bifrost merchandise and helped strengthen connections within the global Web3 community. On May 27, Bifrost Product Marketing Lead Tyrone participated in the “Crypto Vaults, Payments and Real-World Yield” AMA alongside representatives from DigiFT, FOMO Pay, and Amber Group. The discussion focused on the convergence of on-chain yield, payments, and real-world assets, as well as how idle digital assets are evolving into productive, liquid, and spendable financial primitives. On May 28, Bifrost officially initiated the interest repayment process for its Polkadot Treasury liquidity loan. The protocol is gradually withdrawing liquidity from the DOT-vDOT pool and redeeming vDOT positions in order to return the full interest generated over the loan period back to the Polkadot Treasury, demonstrating a transparent and accountable use of treasury-backed capital.

Technical Development Runtime 23000 (Deployed) vETH SLP added support for Snowbridge ETH SLPv2 protocol added XCM generic type support SLPv2 integrated with Commission channel module SLPx now supports Assethub bbBNC supports permanent locking XCM cross-chain transaction components reorganized and optimized vToken global rate adjustment security enhancements Dapp 1.10.1 (Deployed) Added support for vETH 3.0 Added support for vToken delegation functionality Runtime 24000 (In Development) Optimizing and streamlining SLP protocol Deprecating staking management features for vMOVR/vGLMR/vASTR SLPv2 adding cross-chain price feed logic Refactoring vToken rate change security restrictions Optimizing SLPx cross-chain fee reading logic SLPx 2.0 adding RSP support bbBNC additional lock-up now includes lock period validation checks Updated bbBNC early redemption penalty curve Fixed potential issues with Swap LP Token type calculations Fixed potential overflow issues Updated minimum Collator quantity requirements on Bifrost-Polkadot network Product Progress Bifrost’s Total Value Locked (TVL) reached $44,079,147. Among these assets, vBNC showed outstanding performance with a Total Value Staked (TVS) of 20,672,982 tokens, TVL exceeding $1.21M, representing a 37% month-over-month growth. [WAVE points to bbBNC conversion]((https://x.com/Bifrost/status/2013189725042176490?s=20) has officially launched, a feature determined by community vote (Proposal Ref#162). Users holding at least 26,316 WAVE can convert them to 4-year locked bbBNC at an approximate ratio of 1 bbBNC ≈ 526 WAVE. Defi Singularity entered its third phase: providing vDOT liquidity in Uniswap multi-chain pools (BSC, ETH, Base, Arbitrum) can yield over 25% APY when combined with staking rewards. Bifrost launched the vDOT delegation voting, enabling liquid staked DOT holders to delegate governance voting rights with up to 6x conviction multiplier without sacrificing staking rewards, boosting Polkadot OpenGov participation. Total BNC staked has surpassed 20 million tokens. Before bbBNC’s launch, BNC staking stood at 8.96 million tokens. In just two months, total staking volume has grown by over 120%. bbBNC’s core mechanism centers on sustainable value capture: all protocol profits are used to buy back BNC, with 90% distributed directly to bbBNC holders and 10% permanently burned. Marketing Bifrost participated in Polkaworld’s “2025 Review & 2026 Outlook” livestream, systematically reviewing 2025’s key milestones and core metrics, disclosing multiple infrastructure and security upgrade developments, and outlining core strategic directions for 2026 that have entered the definitive planning phase. Bifrost initiated a governance incentive proposal, suggesting upgrades to the governance experience on Bifrost Dapp and introducing governance incentive mechanisms to further enhance on-chain participation and discussion quality. Bifrost core developer Ningbo was invited to participate in a Polkadot Builders roundtable discussion, engaging in deep exchanges around “Growth Pathways from Hacker House to APAC Hackathon.” Topics covered how investors evaluate projects, winning teams’ practical experiences, priority development areas for Polkadot, and long-term survival and growth challenges for hackathon projects beyond the Demo phase. BNC rewards distribution for Liquid WAVE rounds one and two has been completed. All rewards will be released following a 12-month linear vesting mechanism. Eligible users will receive monthly unlocks automatically without any additional action required. With this, the Liquid Wave campaign has successfully concluded. Bifrost Developer Relations Lead Tyrone participated in a Polkadot ecosystem roundtable livestream, sharing Bifrost’s technical perspective on the Polkadot Hub smart contract launch and exploring future evolution directions for cross-chain staking and yield infrastructure alongside core builders from Hyperbridge and Hydration.

With the launch of vETH 3.0, Bifrost unveils the next-generation liquidity infrastructure for crypto staking — SLPx 2.0. This marks a significant leap from the earlier SLPx 1.0 framework, bringing substantial improvements in mint/redeem UX, cross-chain efficiency, protocol compatibility, and scalability — paving the way for standardizing multi-chain liquid staking. What is vETH 3.0? vETH is Bifrost’s multi-chain liquid staking derivative for ETH. The 3.0 release introduces a host of upgrades: Liquid staking across Ethereum, Base, Arbitrum, Optimism, Polkadot and more — no bridging required ERC-4626 compatible for seamless integration across the DeFi protocols Backed by DVT (Distributed Validator Technology) via SSV Network for full validator decentralization Offers a base APY of 3.5% — outperforming stETH and most ETH LST All of this is made possible by the architectural overhaul behind SLPx 2.0. SLPx: The Liquidity Infrastructure for Crypto Staking SLPx is Bifrost’s foundational protocol for enabling Liquid Staking Tokens (LSTs) to be minted and redeemed across multiple chains — with yield-bearing utility and full composability. Picture this: your staked assets earning yield, while being free to move and interact with DeFi apps across multiple networks. That’s the promise of SLPx. With a single click, users can convert native assets into liquid staking derivatives (vTokens) and unlock liquidity without compromising yield. SLPx turns passive capital into active cross-chain collateral — powering the next era of fluid on-chain capital. What Makes SLPx 2.0 Different? As multi-chain deployments become the new normal, the original SLPx 1.0 model began to show its limitations — users had to wait for cross-chain confirmation to receive vTokens, redemptions involved long settlement times and costly bridging, and lack of a unified standard made it difficult to plug into protocols like Aave or Balancer. SLPx 2.0 solves this by adopting the ERC-4626 vault standard and introducing an Async Pool mechanism — which cleanly decouples user interactions from underlying cross-chain operations. Key Benefits of SLPx 2.0 1. Instant Mint & Redeem Users receive vTokens immediately after staking — no need to wait for bridging. Redemptions are auto-queued and settled in batch cycles, cutting latency from minutes to seconds. 2. Drastically Lower Fees With batched async handling, operations no longer require full cross-chain execution per transaction. Cross-chain fees drop from “standard bridge fees” to “minimal or zero”, making small or frequent actions feasible. 3. Seamless DeFi Integration By leveraging ERC-4626, vTokens become “plug-and-play” yield-bearing assets. Any DeFi protocol supporting ERC-4626 vaults can integrate them permissionlessly. 4. Scalable Cross-Chain Management SLPx 2.0 treats each supported chain as a unified liquidity pool, rather than managing user-level cross-chain accounts. This significantly reduces overhead and enhances scalability for future chain expansion. A key design shift is also worth noting: exchange rate synchronization has moved from “strict consistency via Bifrost” to “eventual consistency via XCM Oracle.” While this introduces brief periods of rate discrepancy, it enables a smoother UX and lower system costs. SLPx 1.0 vs 2.0 — At a Glance Feature SLPx 1.0 SLPx 2.0 Minting Delayed, requires cross-chain confirmation Instant, no bridging required Redemption Requires burn + cross-chain settlement Instant burn, auto-queued and batched Fee Model High (full cross-chain per tx) Minimal or zero via async batching Cross-chain Account Handling Per-user mapping required Unified pool per network Exchange Rate Consistency Bifrost-controlled, strict XCM Oracle, eventual consistency Dual Architecture: Innovation Meets Stability While SLPx 2.0 will power Bifrost’s future staking products, SLPx 1.0 remains operational — especially for use cases requiring Commission Channel support or full on-chain traceability. This dual-track architecture ensures backward compatibility and flexibility across diverse integration scenarios. Looking ahead, SLPx 2.0 integrate tightly with HyperBridge, expanding to more L1 and L2 ecosystems and pushing liquid staking toward a modular, standardized, multi-chain future. And vETH 3.0 is your gateway to experience that future today. Whether you’re an ETH holder chasing higher returns, or a developer building next-gen LST infrastructure — the combination of vETH 3.0 and SLPx 2.0 unlocks new possibilities in cross-chain DeFi.

Dev Progress Runtime 22001 (Upgraded) Supports Polkadot AssetHub Migration (AHM) Runtime 22002 (Upgraded) Optimized BNC P<>K cross-asset fee logic Runtime 23000 (Under Development) vETH SLP now supports Snowbridge ETH SLPv2 protocol adds support for universal XCM types SLPv2 adapts to the Commission Channel module SLPx compatibility extended to AssetHub Permanent locking option added for bbBNC XCM cross-chain transaction components refactored and optimized Global vToken exchange-rate security enhancements Omni LS 1.10.0 (In Testing) Supports vETH 3.0 Dapp 1.10.0 (In Testing) Supports vETH 3.0 Product Updates Bifrost’s Total Value Locked (TVL) reached $63,551,911 this month. Among all products, vBNC delivered a standout performance, with a total minting volume (TVS) of 14,842,924 vBNC and over $1.36M in TVL — marking a 63% month-over-month growth. Since the launch of Bifrost’s buyback mechanism, bbBNC — the core revenue-sharing token — has accumulated over 10,000,000 BNC locked. To date, Bifrost has bought back 1,102,067 BNC and burned 123,109.13 BNC, with an average lock time of 442 days. View bbBNC dashboard vMANTA 2.0 Upgrade — aligned with Manta Network moving its native staking to Ethereum, vMANTA 2.0 migration is now complete. Users can mint the upgraded vMANTA directly on Ethereum mainnet using omni.ls. Full guide: How to liquid stake MANTA DeFi Singularity Round 2 incentives are now live, with the same reward pool as Round 1. How to participate this event:DeFi Singularity Tutorial Marketing & Community Nov 1 — Launch of Tokenomics 2.0: bbBNC (Buy Back BNC) Bifrost officially launched Tokenomics 2.0, introducing bbBNC — the revenue-sharing lock certificate for BNC. Under this model, 100% of protocol profits are used to buy back BNC, with 10% burned and 90% distributed to bbBNC holders. Nov 4 — bbBNC Twitter Space Bifrost hosted a dedicated Twitter Space to walk through bbBNC’s utilities, reward mechanics, and the structure of the new economic model. Nov 4 — Scored 38/40 on Blockworks Token Transparency Framework Bifrost achieved an impressive 38 out of 40, demonstrating industry-leading transparency across revenue disclosure, governance, treasury structure, and tokenholder alignment. Nov 14 — People Chain Incentive Deep Dive Bifrost Co-Founder Lurpis joined PolkaWorld’s livestream to unpack the design and value behind the “People Chain” activation campaign. Nov 15–20 — Bifrost at Sub0, Buenos Aires Bifrost Dev Rel Victor attended Polkadot’s Sub0 conference in Buenos Aires and delivered a talk titled “Yield Fusion: Bifrost’s Strategy for Yield Aggregation.” See the highlights here

Tech Development Runtime 21002 Kusama AssetHub migration completed. Runtime 22000 This upgrade introduced several enhancements focused on governance delegation, staking abstraction, and cross-chain interoperability: vTokenVoting now supports multi-proxy aggregation for delegated voting. SLP module adds support for generic proxy types in staking management. Enables configuration for generalized many-to-one vToken models. Removed legacy logic related to vFIL and FIL. Improved LoopStake logic. Optimized ETH cross-chain fee calculation on AssetHub. Enabled BNC transfers across networks via BridgeHub. Dapp 1.10.0 Added support for vETH 3.0 in the Bifrost dApp. Product Updates As of this month, Bifrost’s Total Value Locked (TVL) reached $100,448,831. Among them, vDOT performed exceptionally well, with a total minted supply (TVS) exceeding 23,940,694 and TVL surpassing $77.44M, reflecting a monthly growth of 9%. As of the end of October, Bifrost’s Total Value Locked (TVL) reached $100,448,831. vMANTA 2.0 Upgrade Manta Network is migrating its staking infrastructure to Ethereum. To support this transition, Bifrost initiated the vMANTA 2.0 upgrade. Staking on Manta Atlantic will be deprecated. The upgrade will be completed on November 5. DeFi Singularity Phase 2 The second round of the DeFi Singularity campaign has launched, offering the same level of incentives as Phase 1. vKSM Live on AssetHub Bifrost has completed Kusama AssetHub migration. Both sovereign and derivative addresses have been successfully migrated and verified. Users will soon be able to mint and use $vKSM on the Kusama Asset Hub. Marketing Token2049 Presence On October 1, Bifrost joined Token2049, a major global blockchain industry summit. The team engaged with developers, investors, and builders to discuss the evolution of liquid staking and its role in the future of Web3. Hackathon Workshop #4 On October 15, Bifrost collaborated with OneBlock to deliver a hackathon workshop focused on the design and implementation of Bifrost’s multi-chain architecture. The session was led by Bifrost’s DevRel and product teams. DeFi Liquidation Roundtable On October 22, Bifrost DevRel lead Tyrone joined Hydration Co-founder Lolmcshizz in a live roundtable hosted by Polkaworld. The discussion explored the implications of the October 11 crypto liquidation event, which saw $1.9B wiped out in one hour. The session focused on DeFi risk management and resilience.

Tech Development Runtime 21002 (In Testing) Adaptation for Kusama AssetHub Migration Runtime 22000 (In Development) vTokenVoting to support multi-proxy address aggregation for voting Added generic proxy type for staking management in SLP Support for configuring generalized multi-to-one vTokens Removal of residual on-chain business logic related to vFIL & FIL Optimized LoopStake business logic SLPx 1.0 support for AssetHub Optimized ETH cross-chain fee mechanism on AssetHub Enabled BNC cross-chain transfers between two networks via BridgeHub Dapp 1.9.6 deposit and withdraw supported Optimized account address selection Improved target address display for transfers Updated calculation logic for transferable balance (reserve & locks) Integrated quick redeem logic for vTokenVoting Enabled direct link-sharing for specific swap transactions and cross-chain routes Enhanced copywriting for cross-chain functions Product Progress As of this month, Bifrost’s Total Value Locked (TVL) reached $107,417,076 Among them, vDOT performed exceptionally well, with a total minted supply (TVS) exceeding 21,831,206, and TVL surpassing $86.24M, reflecting a monthly growth of 5.33%. Highlights vToken Delegation Voting for vDOT and vKSM is entering beta phase. This feature allows users to delegate their voting rights to any address or Bifrost OpenGov. You can watch the demo here AAG #270 DeFi Singularity now supports Zap-in: add liquidity with one click, no manual swaps or ratio adjustments needed. Marketing & Community Hyperbridge Co-founder Seun, Polkadot Head of Social Media ET, and Bifrost Dev Rel Tyrone joined an online panel to discuss the next wave of cross-chain innovation. The joint campaign, DeFi Singularity, has surpassed $4M TVL. Bifrost, together with OneBlock and PaperMoon, launched a global hackathon with a $12,000 prize pool. Builders are invited to explore **Polkadot’s multi-chain dev environment and tackle Bifrost’s liquid staking UX challenges with full mentorship and tech support. You can Register Here At KBW2025, Bifrost Growth Lead Jerry joined the DeFi x AI panel to discuss the convergence of staking yields, liquidity, and artificial intelligence. The event was packed with developers and investors, creating strong momentum for Web3 innovation. Bifrost partnered with Neo to host SEOUL PULSE as a side event during KBW2025. The evening featured a live performance by Korean rap star Camo, with Web3 builders, investors, and community leaders joining for a night of culture, music, and networking.

Tech Development Runtime 21000 (Upgraded) Upgraded Polkadot dependencies Optimized vToken exchange rate management for bbBNC compatibility Improved token type validation logic for vETH minting and redemption Enhanced token pool management logic for vETH Optimized the vTokenVoting delegation unlock method SLPx 1.0 now supports charging cross-chain fees for requests via Hyperbridge Dapp 1.9.5 Introduced support for vTokenVoting delegation in the app UI Product Progress As of this month, Bifrost’s Total Value Locked (TVL) reached $99,093,939. Among them, vDOT performed exceptionally well, with a total minted supply (TVS) exceeding 20,114,206, and TVL surpassing $77M, reflecting a monthly growth of 5%. Hyperbridge has successfully deployed DOT/ETH liquidity on Ethereum mainnet and multiple L2 networks. Users can now swap DOT via Uniswap and bridge directly to Bifrost to mint vDOT. 👉 Explore Here vFIL has been officially sunset on Bifrost. However, users can still request redemption by submitting a form. Redemptions will be processed via governance-backed cross-chain execution. 🔗 Redemption Process Bifrost is now listed on Astar Dapp Staking**. The Omni Liquid Staking module supports vASTR minting across Astar, Soneium, and multiple L2 ecosystems. DeFi Singularity now supports Zap-in functionality**, allowing users to add liquidity with one click—no need to manually swap or balance tokens. 🔗 More Details Marketing & Community Bifrost co-hosted the Saigon Web3 Builders Meetup in Vietnam, bringing together developers, founders, DeFi builders, and creative minds in Web3 for an evening of collaboration and in-depth discussion. Bifrost launched a new round of its Creator Incentive Program, designed to reward community creators for producing high-quality content. The program moves beyond opaque algorithms, emphasizing originality, clarity, meaningful engagement, and consistency. Top submissions can earn up to 5,000 BNC. Bifrost co-hosted a welcome meetup in Tokyo ahead of WebX 2025, connecting with Japanese ecosystem partners, developers, investors, and media. The event featured lively exchanges in a relaxed atmosphere, highlighting the diversity and global reach of the Web3 community. Bifrost kicked off the highly anticipated bbBNC Boost Week, a week-long warm-up campaign featuring 5 interactive community events. Participants were invited to complete tasks, earn WAVE points, and win $BNC rewards—all leading up to the full rollout of the new tokenomics.

As liquid staking continues to expand, staking has evolved far beyond simple “lock-and-earn” models. Today, it’s a multi-dimensional race involving liquidity, yield, and capital efficiency. Loop Stake, developed by Bifrost, is a leverage management tool tailored for liquid staking tokens (LST). It allows users to set and manage their preferred leverage level with just one click—unlocking higher yield potential without the hassle of manual recursive lending or high gas costs. Following successful support for vDOT and vKSM, Loop Stake now officially supports vBNC leverage staking. Backed by 1,000,000 BNC in initial liquidity from the Bifrost Treasury, the opportunity to maximize your BNC staking returns is now open. What Is Leverage Staking for LSTs Leverage staking is a key growth strategy for LSTs. The core idea is to use your LST tokens as collateral to borrow more of the native asset, then stake it again—creating a compounding loop. Because the collateral (LST) and the borrowed asset (typically the native token) are closely correlated, the strategy boosts yield significantly while carrying relatively lower liquidation risk than other leverage schemes. Traditional Leverage vs. Loop Stake Traditionally, leverage staking involves multiple repetitive steps: Deposit → Borrow → Stake → Repeat until there is no arbitrage opportunity left It’s complex, gas-intensive, and not user-friendly. Loop Stake solves this by bundling the entire loop into a single on-chain action. Through flash loan-powered smart contracts, it automates the full leverage cycle for you—reducing transaction count and gas fees, while delivering a seamless user experience. Since its launch in March 2024, Loop Stake has run smoothly for over a year. It has processed over 170,000 DOT in supply and borrowing volume with a stable 60% utilization rate, proving both its market fit and protocol reliability. How vBNC Loop Stake Works Here’s how to use Loop Stake with vBNC in just a few intuitive steps: Stake BNC: Convert your BNC into vBNC via liquid staking. Deposit vBNC: Supply vBNC into the Loop Stake contract. Set Leverage: Choose your preferred leverage multiplier (up to 4x). Preview Yield: The system will auto-calculate your estimated boosted APY. Confirm: Approve and execute the transaction in one click. Manage Position: Monitor, adjust, or close your leveraged position anytime. How Leverage Magnifies BNC Staking Yield Let’s say Frosty holds 100 BNC and wants to explore higher yield: He stakes 100 BNC and receives approximately 85.5 vBNC (based on July 8 exchange rate). The base APY for staking is around 5.12%, giving him about 5.12 BNC in expected annual rewards. Now Frosty decides to use 4x leverage via Loop Stake: Leverage Execution: Loop Stake flash-loans 300 BNC, combining it with Frosty’s 100 BNC to stake 400 BNC in total, minting approximately 342 vBNC. The 342 vBNC is locked as collateral; the flash loan is converted into a regular loan. Frosty earns staking rewards on the 342 vBNC, while paying interest on the 300 BNC loan. Yield Breakdown Borrowing cost (3% interest on 300 BNC) = 9 BNC/year Staking reward (5.13% on 400 BNC) = 20.52 BNC/year Net profit = 20.52 - 12 = 11.52 BNC/year That’s an 11.52% net APY on his 100 BNC principal—roughly a 2.25x boost compared to staking without leverage. Why Loop Stake Makes Sense In a maturing LST ecosystem, Loop Stake offers an efficient, low-cost, and one-click solution to multiply staking rewards. By automating traditional looping strategies and minimizing gas overhead, it empowers both advanced and casual users to safely explore leveraged staking based on their individual risk appetite. From vDOT to vBNC, Bifrost continues to expand the boundaries of what’s possible with liquid staking—and brings new utility and value to BNC in the process. Try out vBNC Loop Stake and take your staking yield to the next level. Loop Stake Risks and Mitigations (FAQ) Q1: Can vBNC lose its peg to BNC? Yes, in extreme market conditions. Although vBNC is designed to track BNC value (plus staking yield), sudden large trades or slash events can cause temporary depegging. vBNC/BNC pairs use a Stable Curve AMM that maintains stable pricing and low slippage. MEV bots operated by Bifrost (and open to third parties) help rebalance prices in real time. Q2: Is there liquidation risk? No. In Bifrost Loop Stake, only loans between related tokens are supported, such as in the vBNC Loop Stake, only the operation of mortgaging vBNC to borrow BNC is supported. Since their relative prices on the market are relatively stable, when the price of BNC rises or falls, vBNC will also change synchronously. In extreme market conditions, if the price of vBNC deviates significantly from BNC, since Loop Stake only accepts vBNC as collateral, the LTV of all mortgagors may exceed the liquidation threshold, but they will still remain in position (no liquidation), just waiting for the price of vBNC to return to its expected ratio. Q3: Are the interest rates fixed? No. Borrow rates are dynamic and adjust based on pool utilization. Q4: Are oracle prices safe from manipulation? Bifrost uses four independent oracle providers, filters out outliers, and protects against price manipulation attacks. Q5: What if a validator gets slashed? Slashing can slightly impact staking yield and vToken value. Bifrost has implemented slash protection mechanisms to reduce user impact. Q6: Is Loop Stake audited? Yes. All contracts have been audited by Oak Security, check the report here.