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.
➡️Source:
https://medium.com/bifrost-finance/bifrost-salp-supports-the-pichiu-kusama-crowdloan-6107becdb73c
