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Polkadot Decoded 2021: Bifrost SALP Liquidity Protocol

Speaker: Tyrone Pan, Product Manager, Bifrost Moderator: Phil Lucsok, Ecosystem Communications Manager, Parity Technologies POLKADOT DECODED is a virtual conference for the Polkadot community, featuring talks and workshops on all things Polkadot. Presentation summary: Bifrost plans to provide KSM/DOT liquidity for Kusama/Polkadot parachain slot auctions. Since users who contribute their KSM/DOT to parachian crowdloan face a period of time (6-24 months if the parachain wins) that their KSM/DOT cannot be redeemed, users will not be able to trade the assets or receive staking rewards, which represents an opportunity cost. To address this, Bifrost will provide vsDOT (Voucher Slot DOT) or vsKSM to unlock liquidity. vsKSM/vsDOT is a fungible asset that represents all contributors' KSM/DOT, with the winner parachain's crowdloan rewards and the derivative being tradable. We will talk about why people need vsTokens during parachain auctions, and what benefits vsTokens can give to parachains. ____ Learn more about Polkadot at http://polkadot.network/ and on our social channels 👇 Join the discussion on: Discord: https://dot.li/discord Element: https://riot.im/app/#/room/#polkadot-watercooler:matrix.org Follow on Twitter:   / polkadot   Join the subreddit:   / polkadot   Subscribe to the newsletter:https://dot.li/polkadot_newsletter Polkadot Lightpaper: https://polkadot.network/Polkadot-lig... Polkadot Wiki: https://wiki.polkadot.network/docs/le... Polkadot Ambassador Program: https://polkadot.network/polkadot-amb...