9.5 Million vDOT Minted on Bifrost! 🎉
On April 29th, a proposal from HydraDx was approved, transferring 1 Million $DOT - worth approximately $6.9M - from HydraDX's Treasury to Bifrost SLP.
The on-chain proposal was voted on and successfully executed, marking a key milestone towards decentralization and interoperability within the Polkadot ecosystem's app-chains.
With this latest addition, Bifrost strengthens its position as the largest Liquidity Staking Protocol on Polkadot, providing capital efficiency and unlocking liquidity for thousands of $vDOT holders.
Next Stop: 10M! 🔥
Bifrost Community Lead
Bifrost is a Liquid Staking app-chain tailored for all blockchains, utilizing decentralized cross-chain interoperability to empower users to earn staking rewards and DeFi yields with flexibility, liquidity, and high security across multiple chains.
0 comments