🔦✨ Spotlight on: Bifrost

@Bifrost is a liquid staking app-chain tailored for all blockchains. It utilizes Polkadot’s cross-chain interoperability and shared security to provide reliable and flexible DeFi services 🌈

How it works ⚙️ Bifrost acts as a liquid staking token (LST) issuer providing liquidity for staked assets by issuing shadow assets during the bonding period of the original assets. These shadow assets can circulate across DEXs, pools, protocols, and chains.

👨‍🔧 Bifrost helps address key issues in the eco:

🔹 Staking Rewards vs. DeFi Yields: resolving the paradox between earning staking rewards and DeFi yields
🔹 Token Balance and Security: maintaining a balance between staking/circulating tokens and the security of PoS chains
🔹 Cross-Chain Staking Rewards: enabling staking rewards in cross-chain scenarios

While vToken (Liquid Staking Voucher Token) allows users to convert tokens (DOT for example) into vTokens, providing staking liquidity and rewards without cross-chain barriers 👍

💡 Pro tip: vDOT retains its gov rights from the relay chain, meaning it can be used in OpenGov

Bifrost’s other functionalities that set it apart include automatic staking management, reduced unstaking periods, delegate staking, and more.

👉 To get started with Bifrost and become a member of their community, follow @Bifrost today.

Just keep building.

The Great Debate: Polkadot's Inflation https://x.com/i/broadcasts/1LyGBgvOaqpJN

Hydration's Omnipool TVL is at an ATH after tripling in recent months 👀

Omnipool combines all assets in a single pool to allow users to provide only one asset to earn yield while also exponentially enhancing efficiency 🙌

Trade at size, with ease @hydration_net 🌊

⭐️ Meet the people pioneering decentralization on Polkadot through the Decentralized Futures Program!

Listen in to The Decentralized Mic, where grantees will come together to share their stories, progress, & plans

Learn more ⬇️

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Inflation... boon or bane for Polkadot? 🤔

Join the Great Debate: Polkadot’s Inflation. Learn about key proposals aimed at adjusting/reducing inflation, and explore their potential impact on the ecosystem 💡

Live on 𝕏, YouTube & LinkedIn

🗓️ Tomorrow July 31st, 11:00am UTC

Time to accelerate.

When it comes to funding development, the Polkadot eco enables teams to build the Web3 tech of tomorrow.

Explore options available to projects at any stage of development, from grant programs to VC backing and more ⤵️

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https://polkadot.network/blog/the-ultimate-2024-polkadot-grants-and-funding-guide/#polkadot-defi-infrastructure-tooling-bounty

Get ready, Polkadot Community!

👉 Coming soon to an internet browser near you- stay tuned for updates on the new Polkadot website 👀

❤️‍🔥 fan art // by @0xgoku_

gm ☀️

weekend vibes

hey @Minecraft, check your DMs 👀

Getaway essentials

So many highlights from Polkadot Decoded✨

From Gavin's talk on individuality in a digital world to Björn teasing the upcoming Polkadot App and more, #PolkadotDecoded '24 was one to remember.

Read this blog to relive some of the top moments ⬇️
https://polkadot.network/blog/decoded-2024

Move VM 🤝 Substrate

Substrate blockchains can now execute Move smart contracts, and Move parachains can be built on Polkadot, thanks to the team at @eiger_co 🙌

This integration will open new avenues for developers to leverage Move's capabilities while building on Substrate-based networks.

Move was designed and created as a platform-agnostic, secure and verified programming language and has since become used by blockchains like @SuiNetwork and @Aptos

Check out the blog for details ⤵️

Polkadot is the title sponsor of @CoinfestAsia, the largest Web3 Festival in Asia!

Over 6K participants, 2K companies and 250 speakers will exhibit the latest industry innovations and share insights on emerging markets in Asia 🌐

📍 Bali, August 22-23

Come meet teams from around the Polkadot eco including @MandalaChain, @scytaledigital, @Bifrost, @Kiltprotocol, @TheKusamarian and more!

@filippoweb3 will join representatives from @arbitrum, @monad_xyz & @BNBCHAIN for the keynote panel titled “Unpack the Layers: Advancing Web3 Scalability”

Get a 15% discount w/ code CA24POLKADOT

when you learn about the $10K monthly paycheck for being a Head Ambassador

Where we are.

10 Million DOT is up for grabs via the JAM Implementer's Prize 👀

JAM is a new protocol designed to succeed the Polkadot relay chain.

The prize encourages the creation of multiple client implementations, enhancing the network’s resilience.

Learn More:

Community Content Roundup 🤠

Dive in for a look at what's been top of mind for the Polkadot Community

Not seeing your fav threadooor or content? Share other posts in the comments 💬