Bifrost is a cross-chain network which provides liquidity to bonding assets. It takes advantage from Staking as the early stage to provide liquidity in the form of Staking derivatives.
Bifrost provides an intermediate layer between Staking and application layer, The reward competition between Staking and DeFi is resolved by making the relationship between Staking and the application layer, which is built on the underlying protocol, become top-down compatible instead of parallel to each other.
Content Bifurcation of the video is defined as per their timestamps.
Timestamps
- 00:00 Introduction
- 00:40 PoS Staking Passive Income
- 01:06 PoS Staking Problems
- 01:56 Bifrost Use Cases, Mission & Vision
- 02:23 Bifrost Achievements
- 02:46 How Bifrost Works?
- 05:34 Built-In DeFi Services
- 06:11 BNC Tokenomics
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