DWF Labs is proud to introduce BiFrost, a cutting-edge web3 derivatives protocol that provides decentralized cross-chain liquidity for staked assets. By leveraging the power of cross-consensus messaging (XCM), Bifrost is able to offer cross-chain liquid staking services for multiple chains, making it a game-changer in the world of decentralized finance.
At Bifrost, our mission is to provide standardized cross-chain interest-bearing derivatives for Polkadot relay chains, parachains, and heterogeneous chains bridged with Polkadot. 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 ecosystem's application interest base. Bifrost creates a three-way positive cycle for the StakeFi ecosystem by empowering users, multi-chains, and ecosystem applications.
Our sophisticated governance mechanism allows the derivative to retain its governance capabilities through cross-chain interoperability. This makes BiFrost compatible with both homogeneous and heterogeneous chain scenarios by preserving native chain staking revenues. Bifrost's derivatives logic is run by the Bifrost parachain Runtime Pallet, which evolves with Governance democracy referendums, ensuring that our protocol is fully decentralized.
With no liquidations and a 1-1 peg yield-bearing feature, our protocol is multi-scenario and offers valuable utility across multi DeFi protocols for trading, borrowing, leveraging, and more. BiFrost is at the forefront of decentralized finance, offering standardized cross-chain interest-bearing derivatives that are secure, reliable, and accessible to all. We believe that our protocol will be a game-changer for the world of decentralized finance and we invite investors to join us on this exciting journey.