Bifrost SALP Supports The Pichiu Kusama Crowdloan

Bifrost announced its support for the Pichiu (Kylin’s Canary) Crowdloan, Polkadot’s advanced decentralized data feeding protocol. Bifrost is committed to providing liquidity to locked assets between multiple chains and establishing a liquidity bridge between heterogeneous chains.

Bifrost will cooperate with Pichiu to help crowdloan participants access liquid derivatives of staked $KSM, creating innovative solutions for users participating in the Kusama crowdloan and competitive opportunities under the multi-chain development pattern.

About Pichiu

Pichiu is a name derived from the Chinese mythical hybrid creature considered to be a very powerful protector to practitioners of Feng Shui. It resembles a winged lion or dragon. It is also the canary network for Kylin, where we will test some of th emost exciting use cases of DeData!

About Bifrost

Bifrost is the Polkadot Ecological DeFi basic protocol. It is committed to becoming an infrastructure for staked assets to provide liquidity. Bifrost has launched derivatives vToken for Staking and Polkadot Parachain Slot (Crowdloan). It has obtained $2.15M fundraising from NGC, SNZ, DFG, CMS, Web3 Foundation Grant, and other institutions. Bifrost is also a member of the Substrate Builders Program and a Web3 Bootcamp.


DeXe Network In 2022

DeXe Network is an ecosystem of various tools and platforms coming together as the go-to one-stop-shop for DeFi trading. Its keystone is a decentralized social trading platform that operates via…

YDragon and Realm Partnership

Continuing on the YDragon metaverse journey, they have another partnership finalized and ready to announce. This time, it’s with the soon to be launched, multi-chain, play-to-earn game, Realm. Teaming up…

Market Stats:
BTC Dominance: 40.2%(+0.47%/24h)
ETH Dominance: 18.76%(-0.20%/24h)
Defi Market Cap: $128.99B(+6.05%/24h)
Total Market Cap: $1948.08B(-2.55%/24h)
Total Trading Volume 24h: $82.5B(+9.43%/24h)
ETH Market Cap: $366.79B
Defi to ETH Ratio: 35.17%
Defi Dominance: 6.26%
Altcoin Market Cap: $1164.89B
Altcoin Volume 24h: $59.08B
Total Cryptocurrencies: 16952
Active Cryptocurrencies: 9220
Active Market Pairs: 52766
Active Exchanges: 453
Total Exchanges: 1580
Share via
Copy link