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Web3 Derivatives Protocol Bifrost – Multichain LSD Will Join Cointime Web3 Builder Hub Daily

Cointime Official

Bifrost is a web3 derivatives protocol that provides decentralized cross-chain liquidity for staked assets. By leveraging on the cross-consensus message (XCM) it can provide cross-chain liquid staking services for multiple chains.

Bifrost’s mission is to provide standardized cross-chain interest-bearing derivatives for Polkadot relay chains, parachains, and heterogeneous chains bridged with Polkadot. Furthermore, by aggregating over 80% of PoS consensus chains’ staking liquidity through cross-chain derivatives, our protocol lowers users’ staking threshold, increases multi-chain staking ratio, and improves the ecosystems application interest base, by creating a three-way positive cycle for the StakeFi ecosystem by empowering users, multi-chains, and ecosystem applications. 

We are thrilled to have Bifrost Council Member @Tyronebrezzy join us on Cointime Web3 Builder Hub Daily (English version) on 15th February at 9:00 pm (UTC+8).

Let's explore the decentralized collaboration hub together.https://twitter.com/i/spaces/1YqxoAEgljkGv

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