Bifrost September 2023 recap: vDOT volume, TVL and vToken voting
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Market since$BNC−95%since this pieceHow it played out ↓Monthly recap of Bifrost: vDOT staking volume above 1.45M growing 11.23% monthly, TVL of $37,770,813, vToken OpenGov voting live, StableSwap on Kusama and HydraDX minting 81.8K vDOT via SLPx.
Key claims
TVL hit $37,770,813
vDOT staking volume above 1.45M, up 11.23% monthly
HydraDX minted 81.8K vDOT via SLPx
0/ With a big month ahead, it's time to briefly look back and recap what has been happening at @BifrostFinance last month! 🌈
Bifrost September News Recap 🗞👇
1/ Developments 🛠️:
🔹 Released Bifrost v0.9.82.
🔹 vToken now supports relay chain OpenGov voting.
🔹 Resolved reduced BNC issuance from SLPx cross-chain txns.
🔹 Bifrost-Polkadot integration on OpenGov.
2/ Dapp Updates 📲
🔹 Enhanced cross-chain function in Wallet.
🔹 Introduced Stable Swap features.
🔹 Optimized DOT cross-chain asset checks.
🔹 New vToken price prompts and staker quantity displays.
3/ Product Highlights 💼
🔹 vDOT staking volume surpassed 1.45M, growing at 11.23% monthly.
🔹 TVL hit $37,770,813.
🔹 xcvToken asset registration completed on Moonbeam and Moonriver.
4/ More on Products 🌐
🔹 vToken Voting live in production!
🔹 Stable Swap launched on Bifrost Kusama.
🔹 Interlay proposed vDOT as Vault collateral.
5/ HydraDX & SLPx 🔄
🔹 HydraDX utilized SLPx for cross-chain invocation, minting 81.8K vDOT.
6/ Marketing & Events 🎙️
🔹 Attended KBW2023 in Seoul.
🔹 Bifrost Council member Tyrone engaged in OKX Ventures X Space.
🔹 Hackathon Apac Edition concluded with EthFrost emerging as victors.
7/ More Events 🌍
🔹 Participated in Token2049, Singapore.
🔹 Shared insights at Polkadot Sub0, Lisbon.
🔹 Discussions on Polkadot-Ethereum L2 synergy at AIWeb3DAO.
8/ Links & More Info 🔗
🔹 Moonbeam App Bridge: apps.moonbeam.network/moonbeam/xcm
🔹 vToken Voting Details: x.com/0xLurpis/status/1706326874421661763?s=20
🔹 Stable Swap on Bifrost Kusama: bifrost.app/swap?tab=pool
🔹 HydraDX Transaction: x.com/TheDolpha/status/1706358817225646177
9/ That's a wrap for September! Stay tuned for a BIG uptober month over at @BifrostFinance 🌈
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