Author: Tyrone 

Build anything you want with Bifrost Liquid Staking Token (LSD) across multichain.

Problem to solve

DeFi products include lending, trading, derivatives, payments, etc., aimed at rebuilding the traditional financial system, realizing open, fair, and transparent financial services, breaking the limitations of traditional financial services, and constructing DeFi applications based on Bifrost LSD vToken, which can be deployed in any decentralized form in any ecosystem that supports vToken, such as various native Pallets or EVM-compatible parachains, such as Moonbeam, Astar, or vToken of other asset types through cross-chain bridges, such as the ERC20 version of vToken on Ethereum.

Proposed solution

For inspirations:

- vToken Launchpad, project parties can participate through LSD Staking Rewards or LSD financing.

- Leverage Staking, cyclic lending of vToken for leveraged staking.

- vToken Index, weaving different types of vToken into an LSD index, such as weaving the Dotsama ecological vToken into a parachain LSD index.

- vToken Dedicated DEX, a swap developed specifically for vToken features, with functions such as anchor movement and liquidity aggregation.

- vToken options market, calculating more intuitive yields based on vToken expiration time and discount rate.

- vToken yield aggregator, providing vToken yield strategies, machine pools.

Resources

Inspiration | Bifrost Docs

https://github.com/bifrost-io/slpx-contracts