Bifrost is a DeFi platform focused on PoS tokens, combining both staking and liquidity. It enables users to obtain vToken to participate in liquidity provision and related activities, while also earning ongoing staking rewards for assets such as DOT, KSM, EOS or other tokens that are held through the smart contract. Rewards begin from Day 1 after nomination, there are no locking periods, and you can swap, for instance, vKSM back to KSM whenever you want. BNC is the native token of Bifrost.

vToken is designed to improve transaction efficiency across different situations, including DeFi, Dapp, DEX, and more. When vToken is deposited as collateral for lending, the staking earnings can help cover part of the borrowing interest, supporting lower-interest borrowing.

Using vToken, you can hedge the risk of funds being locked, gain DeFi & Staking double rewards, enable leveraged staking, and explore other application options.