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BiFrost | Defi Solution To Staking/Liquidity (PolkaDot Gem)

BiFrost Finance | Defi Solution To Staking/Liquidity (Polka Gem) So what is BiFrost? Bifrost is a Polkadot parachain designed to support its PoS ecosystem that covers staking and liquidity. It functions as an intermediate protocol that links staking and application layers to support their interaction in providing PoS services as well as staking rewards. Through Bifrost, users can swap their PoS tokens into their native token, the Bifrost vToken. Each PoS token represented by a vToken is linked to a Polkadot token via the protocol. This allows Bifrost to implement a cross-chain communication method that links the protocol to other PoS chains. One feature that distinguishes Bifrost from other staking and liquidity providers is that it does not require users to lock their positions. Users also enjoy automatic compound interest and access to other PoS providers. Users can also map into the Bifrost parachain to get mapped assets available on the protocol, such as vATOM, vDOT, and vEOS, among others. Holding these assets can secure staking rewards for users. The reward that they will receive is in proportion to the amount of the assets they have staked to back their mapped tokens. 0:00 Intro And Free NEW Ebook 1:06 What Is Bifrost? 2:22 You Can Now Stake And NOT Lock Your Positions 2:47 How To Secure Staking Rewards Without Lockup 2:57 Bifrost Network Coin (BNC) 3:24 Solving Consensus Security & Lockup 4:09 What Are vTokens? 4:21 The Problem BiFrost Solves Is...?! 5:20 Progress After Seed Round Funding 6:19 Aasgard Testnet, Above Average Participation 6:51 Bifrost NFT Partnerships...PolkaPets 7:35 BiFrost Parachain And Rococo Implementation 7:59 Outro And Final Thoughts ///////////////////////////////////////////////////////////////////////////////////////////////// [NEW] FREE E-BOOK ON THE 7 BEST WAYS TO SECURE YOUR CRYPTO (2021)? Click The Link Below To My Website: **Please BEWARE Of Scammers On Telegram, Social Media, And Commenst Below. I Will NEVER Ask you to reach out to me for $$$ Or For Investments. These impersonators are crafty and very convincing in some cases. Please be careful and be smart!** ✅ https://ebook.bitcoinlockup.com/secur... 💥WANT TO EARN FREE BTC BY MAKING PURCHASES ONLINE YOU’RE ALREADY MAKING? DOWNLOAD LOLLI 🍭 http://bitcoinlockup.com/crypto/lolli 💥 CHECK OUT MY PLAYLIST OF THE BEST HARDWARE WALLETS COMPARED    • Ledger Nano S vs Ledger Nano X | Is I...   ⚡️ Wanna Start Mining Bitcoin At Home Within 5 Minutes Of Plugging The Device In? Get COINMINE ONE HERE FOR $50 OFF (Code: BITCOINLOCKUP) — http://bitcoinlockup.com/crypto/coinm... 🦊 RECOMMENDED HARDWARE WALLET FOR TRADING - KEEPKEY — https://bitcoinlockup.com/crypto/keepkey RECOMMENDED Premium HARDWARE WALLET FOR HODLING - ELLIPAL TITAN ➡️ https://bitcoinlockup.com/crypto/elli... WANT TO LEARN TECHNICAL ANALYSIS AND START TRADING? GET TRADING VIEW FREE TRIAL -► http://bitcoinlockup.com/crypto/tradi... 👨‍👩‍👧‍👦 SUPPORT THE CHANNEL! TIP ME WITH CRYPTO! BTC ADDRESS ► 1CRV8vhyQMhuD5S8McfB7iTehU19qwfze1 ETH ADDRESS ► 0xE919808E2ECda912D70aDb572bF40aCF844c97bd BCH ADDRESS ► qplsvpngu6ry85kknvqeng4hwgx7rhkmucu53cj6ma ZEC ADDRESS ► t1PNHzhrgKiRukcvkSsGosmnyHjiBLB45gA ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ▶Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, ICO, or related product, nor does it constitute an offer to provide investment advice or other related services by Crypto Renegade. Crypto Renegade may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change. There may also be affiliate links. This adds no cost to you, but it helps support this channel. Thank you for your support! #BiFrost #DeFi #PolkaProjects

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