WeareexcitedtoannouncethatBifrostsecuredthefifthparachainslotonKusama–Congratulations!
Slot5Winner
Bifrost(BNC)–Bifrostprovidesstakingliquiditytoanyoneaccessingitsnetwork.Thismeanstokenholderscanstakeanycryptocurrency,suchasDOTorETH,ontheBifrostplatformandreceiveavTokenofequalvalue(vDOTorvETH),allowingthemtoaccessdecentralizedfinanceapplicationswhilestillreceivingstakingrewards.?
Thecandleauctionforthefifthparachainslotendedonblock8,355,247andBifrostwontheauctionwithatotalamountof142,431KSMbondedtoitsproject.
RewardsTheamountofBNCtokenrewardsperKSMandwhentheywillbedistributedisbeingfinalizedbyBifrost.WewillupdatethisblogandtheKrakenSupportCenterwhenthesedetailsbecomeavailable.
Rewardsforsupportingparachainprojectsvaryperproject.PleaseseeourSupportCenterarticleforanillustrativebreakdownofthepotentialrewardsperKSMcontributed,percentageoftokensissuedtoparachainauctioncontributors,campaigndurations,tokenvestingschedulesandmore.TheSupportCenterwillonlyreflectinformationoncurrentlysupportedprojects.?
WhenwilltheBifrostplatformbelive?
Possiblyinthefollowingweeks.WewillupdatethisblogandemailallclientswhocontributedwhenBifrostprovidesmoredetails.
WhathappenstotheotherprojectsIsupportedthatdidn’twin?
KSMcontributedtootherprojectswillcontinuetosupportthebidofthoseprojectstowinSlot6.FormoreinformationaboutthesixthslotandadditionalFAQspleaseseeourinitialblog.
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