Development

Bifrost DApp

• Launch of DApp version 1.1.3

• Launch of DApp version 1.1.4

• Farming supporting of the claim interval & withdrawal interval

• Supporting RMRK assets

• Optimizing node switching speed

• SALP KSM/DOT new project adaptation

• Front end test of the node switching function

• Swap API docking

• SALP award presentation & entrance module development

• Repairing the potential overflow risk of mining module

• Node connection UI alignment bug fix

• Troubleshooting of compilation problems

• Collator module UI and API access

• SALP API JSSDK survey

• Optimizing for Runtime version 0.9.22, bug fixing

• Auctions display repairing

• Upgrade of the relay on Polkadot, and the start of the building process

• Adding of UI design for emergency maintenance status

• UI development of Farming 2.0

• RMRK mining/LP token/swap adaptation

• KSM/DOT new project adaptation

Bifrost Runtime

• Parachain collator stacking sorting process and document review, decoupling nimbus transformation

• Statemine two-way cross-chain channel verification, Kusama related proposals, and RMRK asset docking

• Research on Acala cross-chain stacking

• SLP technical document writing and reading

• Following up the registration of Moonriver testnet

• Updating e2e-test to governance upgrade

• Adding e2e-test, completing the integration, and runtime_ upgrade section

• Clearing all Retired pools and pledged users

• Developing WASM upgrade automatic script

• Agent betting duplicate: fixing the issue

• Docking of mining module v2 version technical documents

• Canceling the upgrade of the mining module and adding the lazy-migration feature to the mining module

• Completing development documents for the functions of mining module v2

• Statemine cross-chain and related proposal docking

• SALP redemption process change and release of version v0.9.23

• Collator stacking test and document improvement

• Research on asset transfer of Moonriver

• Test and launch of ZLK, BNC, and PHA between Bifrost and Khala networks

Bifrost Service

• Bifrost's service for Kusama auction status modification

• Astar and Moonbeam reward data synchronization

• Acala reward data synchronization

• Repairing of abnormal fluctuation of TVL curve

• Monitor update & sync data error fix

• Bifrost service update of the latest crowdloan

• Bifrost service top bid display, fixing bugs

• SALP casting quantity, monitor display

• Swap transaction quantity/amount development, monitor display

DevOps

• Jenkins migration to the cloud server

• Building ELK log service

• Adding the deployment and restart the process of the devnet environment

• Building the statemine-local test chain

• Stress-test of the AWS cloud host hard disk

• Adding the function of testing after WASM compilation

• Deployment of the Moonriver test Collator node

• Deployment of pre-production Collator nodes

• Monitoring pm2 service, Bifrost node, and pm2 service, log web page viewing service

• Building Machine moves to the cloud

• Improvement of the on-chain upgrade of Bifrost and realization of the automatic restart of services

• Building a pre-production environment

• Adding multiple monitoring alarms

• Adding multiple automated processes

Bifrost.js

• Upgrading of farming 2.0 types

• v0.9.22 upgrade

• Bifrost. js upgrading and adding new assets

• Built-in Bifrost.js dependency upgrade, updating of the offline signature, adding new asset list

Product

SLP

• Research on KSM Stacking mechanism

• SLP module architecture discussion and requirements document review

• Review of SLP development requirements and technical implementation documents

• SLP technology implementation evaluation

SALP

• Sorting out SALP 2.0 upgrade requirements

• SALP history repair follow up

• Eageware SALP docking

• SALP supports Hydradx, Phala, SORA

• Adding Kylin Network to SALP-KSM

• Follow up the marking of different batches by SALP

• Formulate SALP docking cooperation scheme and quotation

• Statistical SALP docking project progress status

• Increasing the demand for front-end SALP reward display

• Organizing multiple signs in SALP documents

• Connecting Polkadex online SALP

Upgrade

• Official website upgrade design (in progress)

• Official website upgrade requirements review

• Walkthrough of newly added contents of data monitoring platform

• 0.9.16 upgrade content confirmation and feedback test

• 0.9.23 & 0.9.24 upgrade

• Zenlink upgrade requirement confirmation

Cross-chain

• Statemine cross-chain application submitted in Kusama

• RMRK NFT asset type support

• Docking Moonbeam HRMP

• Initiation of the statemine HRMP channel proposal

• Follow up the opening of Phala HRMP channel

Rewards

• Completing the reconciliation of Moonbeam reward distribution

• Confirmation of specific time of awarding of Acala

• Phala front end reward details article supplement

• Moonbeam invalid address reward collection follow up

• Acala join invitation reward calculation

Farming

• Sorting out the development requirements of farming 2.0

• Implementation evaluation of farming 2.0 Technology

• Farming 2.0 technology realizes document review, updating, and sorting out the status list of existing partners

Others

• Follow up on the update of the Bifrost service API

• Supplementary rules of SubQuiery grant

• Adding deadline rules to product development collaboration documents

Marketing

Online Event

On January 4, the fourth Bifrost Community Call was held in Crowdcast. After Bifrost released its 2021 summary, Tyrone reviewed the performance based on the past year's data and introduced the Bifrost Roadmap in Q1 of 2022 one by one.

From January 7 to January 20, AMA on Composable, Crush, and Pichiu Crowdloan was held at Bifrost Crowdcast. More about AMA: https://www.crowdcast.io/my-events

On January 12, Bifrost held the annual Meetup of Chinese and English community projects in gather town. In addition to reviewing the achievements in 2021, Bifrost also announced the new year’s plan for 2022 at the meeting, including launching farming 2.0, launching collator, opening BNC stacking, and supporting the cross-chain of Statemine. Activity review: https://youtu.be/kDRoep_GF3I

On January 29, the Liquidity Farming of Litmus on Litentry, a leading network, was launched. The Farming activity lasted for 7 days, with 5500 BNC awards. After voting Litmus Kusama Crowdloan, we can pledge vsKSM and vsBond to participate in Farming. Learn more:

https://forum.bifrost.finance/t/litmus-liquidity-farming/1659

On January 24, $RMRK started RMRK/KSM Bootstrap in Zenlink! Bootstrap liquidity addition achieved the goal of 172.21% and 200.65%, respectively. Currently, relevant LP farming has been started, and the current annualized income is 365.87%. Participation channels: https://dex.zenlink.pro/#/bootstrap/list

SALP

On January 10, Bifrost published an article: Q&A to understand the usage and price attributes of vsBond. With the maturity of SALP and the normalization of slot auctions, parallel chain auction projects are encouraged to self connect with SALP to increase the odds of winning the auction.

On January 25, the first $ACA awards for participating in the Acala Parachain auction through Bifrost SALP have been paid. According to the Acala unlocking rules, the first 20% of the unlocked $ACA has been released, and the remaining 80% of the locked warehouse will be released linearly on a weekly basis. Log in to polkawallet.io to view ACA rewards.

Cross-chain

On January 17, Kusama #165 referendum passed, which successfully opened the cross-chain channel between Bifrost and Statemine. At 8 pm, the Bifrost referendum passed the cross-chain function of the first Statemine asset RMRK. The measured cross-chain handling fee was the only US $0.007, and the cross-chain can be completed in one minute: https://polkaworld.pro/alerts/polkaworld-bifrost0118

What is Bifrost?

Bifrost is the Polkadot Ecological DeFi basic protocol. It is committed to becoming an infrastructure for pledged assets to provide liquidity. Bifrost launched derivatives vToken for Staking and Polkadot Parachain Slot (Crowdloan). It has obtained $2.15M in fund-raising from NGC, SNZ, DFG, CMS and other institutions and Web3 Foundation Grant. It is also a member of Substrate Builder’s Program and Web3.0 Bootcamp.

vToken can optimize transactions in multiple scenarios such as DeFi, DApp, DEX, CEX, and realize the transfer channel of pledge rights such as staking and crowdloan through vToken, realize the risk hedging of pledge assets, and expand scenarios such as vToken as collateral for lending, its staking reward part of the interest can be offset to achieve low-interest loans.

Learn more about Bifrost

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