Bitfrost Has Partnered With Darwinia

Published on: 04.01.2022

Bitfrost has partnered with Darwinia to integrate Substrate-to-Substrate bridge.

Bifrost integrate Darwinia Substrate-to-Substrate bridge for Defi applications.

Bifrost’s goal is to provide liquidity for staking assets by issuing derivatives. As a Kusama parachain, Bifrost Defi applications and products based on the derivative asset vToken can integrate all Kusama parachain assets. However, many quality Substrate ecosystems assets can not be integrated into the Bifrost Defi ecosystem without a parachian slot while many projects may not join the parachain auction since it is costly and time-consuming.

Darwinia is the “cross-chain bridge hub” of the Web 3.0 Metaverse. It is also the only Substrate-to-Substrate bridge provider.

Darwinia and Bifrost will jointly explore diversified asset integration of Bifrost vStaking and Farming the applications with the support of the Darwinia Substrate-to-Substrate bridge.

About Bifrost

Bifrost is a Polkadot Ecosystem DeFi infrastructure protocol that aims to become an infrastructure for providing Staking liquidity, and currently offers a derivative vToken for Staking and Polkadot Lease Offering (PLO). It is also a member of the Substrate Builders Program and Web3 Bootcamp. vToken can optimise transactions in multiple scenarios such as DeFi, DApp, DEX and CEX.

About Darwinia

Darwinia Network is a decentralized cross-chain bridge network building on Substrate, which is the “cross-chain bridge hub” of the Web 3.0 Metaverse.

Darwinia was written in Polkadot light-paper as one of the friends of Polkadot and Substrate. Darwinia has been contributing to the compatibility and interoperability of the Metaverse.

The application areas of Darwinia Network include DeFi, cross-chain NFT trading, games, etc. Darwinia also develops the Metaverse game Evolution Land.

➡️Source:
https://darwinianetwork.medium.com/bifrost-announced-to-integrate-darwinia-substrate-to-substrate-bridge-for-defi-applications-7215f5916521

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