On the First day of Bifrost Asgard’s Release, 200+ nodes surpassed Edgeware to become the top three, the 11th project weekly report

Bifrost
2 min readMay 23, 2020

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Latest News

There are Essays with Reward, Asgard Twelve Hours, First Vip AMA, and the recent Bifrost event is very exciting. One of the most exciting things for community friends is the node activity of Asgard Twelve Hours. This event is divided into rewards according to the length of time. The longer the running time, the more rewards ~ As of now, there have been more than 200 nodes from all over the world running on the Asgard pre-production network, with a total duration of 300,000 minutes + successful rise to Polkadot Telemetry Top 3 ! Bifrost thanks the friends for their support of this event. In the next 13 days, you can continue to join the node activity and share the BNC rewards ~

Development Week’s Work

Add chain type = bifrost, you can build bifrost chain spec.

Develop and test scripts to count node online duration.

Write and test dockerfile of bifrost-eos-relay 2.0.

Operation Week’s Work

Planning and promotion of the first Bifrost essay contest.

Plan and promote “Asgard twelve Hours” event.

AMA activities for First Vip.

Maintain WeChat and Telegram communities.

Event Calendar

May 20 Essays with Reward

Bifrost’s first “ Essays with Reward “ invites you to submit and share 1,000 BNC ~

May 21 Asgard twelve Hours

Reward by time! After running twelve hours of 16 days and nights, you are the strongest king of this node event!

May 25 First Class & Bifrost AMA

How Bifrost injects new vitality into Staking, Lurpis will publicly demonstrate the function and application of Bifrost App for the first time ~

May 29 Bifrost & Hotbit AMA

Bifrost will participate in the first issue of the Hotbit Hot Talk: Polkadot series of dialogues.

What is Bifrost?

Bifrost is a Parachain designed to liberate Staking liquidity. Users can convert PoS currency to Bifrost vToken through Bifrost bridge at any time to obtain Staking income and liquidity.

vToken can optimize transactions in multiple scenarios such as DeFi, Dapp, DEX, etc. When vToken is used as a collateral for lending, its staking income can offset part of the interest and realize low-interest borrowing.

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