VIDEO : What is Bifrost Finance? | Parachain Designed for Staking Liquidity

VIDEO : What is Bifrost Finance? | Parachain Designed for Staking Liquidity

By ultron91x | Crypto Dossier | 10 Sep 2021


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

If you liked my work, please subscribe my YouTube Channel and get the latest update of my videos. If you have any feedback to share or query to ask, please mention it in the comment section below. You can also contact me on Telegram | Twitter | Reddit.

How do you rate this article?


19

1

ultron91x
ultron91x

Hi. I am ulTron91x and I am a content creator and youtuber. My focus areas are blockchain and cryptocurrency. I do a deep analysis on projects which are built on different blockchain and create a comprehensive review video or write a blog on it. I believe


Crypto Dossier
Crypto Dossier

Everything i am doing to follow my passion, i.e. YouTube Videos, Articles, Blogs, Knowledge Sharing, etc.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.