Bifrost SALP Supports Ajuna Network Polkadot Crowdloan. Ajuna Network is the fastest way for developers and game studios to create high-quality, decentralized games. It seamlessly integrates industry-leading game engines — Unity and Unreal — with the world of blockchain-based assets.

The ultimate goal of the Ajuna project is to develop an interoperable, decentralized gaming ecosystem where virtual goods can be exchanged. This will mean that wherever an active community of willing players exists, they can continue to enjoy their favorite game, own and control virtual goods associated with it, and trade them in a decentralized community.

In this integration, Bifrost will work with Ajuna to simplify access to liquid derivatives of staked DOT for their Crowdloan users, generating novel options for users taking part in the Polkadot Crowdloan and rivalry among chains.

Bifrost’s ability to create fully decentralized liquid derivatives based on the Polkadot Parachain is its market advantage. Support for the Ajuna Crowdloan will enable Bifrost to leverage collaboration with the Ajuna community to launch the Slot Auction Liquidity Protocol (SALP) and boost user engagement with the Ajuna Crowdloan.

Ajuna Crowdloan Rules

• Crowdloan Cap: 200,000 DOT
• Reward: 10 AJUN per DOT
• Reward Pool: ~0.5% (2’400’000 / 500’000’000 AJUN)
• Reward Bonus: 20% (for Bajun Crowdloan Participants, same address used)
• Vesting AJUN: linear (daily) vesting over the lease period (96 weeks)

There is a Secret to be solved, amongst the solving contribution we share a reward of +100’000 AJUN.

For the SALP, Bifrost combines Polkadot multi-signature with Kusama Parachain. Users will boost capital usage during the 96-week Crowdloan lock-up period and decide their risk thanks to Bifrost’s versatile Crowdloan liquidity solution.

About Ajuna Network

Ajuna Network a Swiss-based decentralized gaming platform bringing blockchain gaming into the mainstream. By integrating GameFi functionality with the world’s leading development engines, Unreal and Unity. Built on Substrate, Ajuna leverages the full potential of the Polkadot ecosystem to provide developers with a modular toolbox to easily add fully-featured GameFi functionalities to their games. Ajuna’s ultimate goal is to create real value for both gamers and developers by providing a fully interoperable decentralized ecosystem for games and virtual goods.

Website | Twitter |

About Bifrost

Bifrost a cross-chain network built on a substrate that gives liquidity to staked assets as staking derivatives. It is based on open-source platforms, primarily as a Polkadot parachain. Because of Bifrost’s cross-chain functionality, others can create integrations to enable staking on other PoS networks.

Twitter | Website |

Source

REQUEST AN ARTICLE

The post Bifrost SALP Supports Ajuna Network Polkadot Crowdloan appeared first on Smart Liquidity Research.