📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Bifrost July 2025: Accelerating Cross-Chain DeFi with Upgrades, Ecosystem Growth, and Security Enhancements
July 2025 has been a milestone month for Bifrost, solidifying its position as a leading cross-chain liquidity hub within the Polkadot ecosystem. Through significant technical upgrades, ecosystem expansion, and a strong focus on security, Bifrost continues to innovate and deliver value to DeFi users worldwide.
Major Technology Upgrades: Unlocking Cross-Chain Potential
In July, Bifrost launched Runtime 20000, bringing groundbreaking features such as:
The team is also actively developing Runtime 21000, preparing for the upcoming AssetHub migration with upgrades to security, stability, and cross-chain logic, including support for new interest rate models.
Impressive Ecosystem Growth
As of July’s end, Bifrost’s Total Value Locked (TVL) surpassed $98 million, reflecting strong ecosystem health. Notably:
Innovative DeFi Campaigns and Products
The DeFi Singularity Campaign kicks off with multi-chain liquidity mining, incentivizing users to provide liquidity on platforms like Uniswap across Ethereum, Arbitrum, BSC, and Base. This initiative aims to deepen cross-chain DeFi integration.
Additionally, Bifrost launched Loopstake, enabling leveraged staking of vBNC with up to 4x leverage. With an APY of 13.60%, it offers flexible yield strategies suited for different risk profiles.
Layer 2 Integration and Cross-Chain Expansion
The newly released SLPx 2.0 has integrated deeply with Hyperbridge, enabling direct minting of vASTR, vGLMR, and vBNC on Layer 2 networks. Work is underway to bring vDOT to Layer 2, further enriching cross-chain asset flow and user experience.
Community Engagement and Security Commitment
Bifrost continues to foster a vibrant community through educational content, including workshops on Uniswap v4’s LST Hooks. Representatives like Thomas, the Community Manager, actively participate in global events such as the Berlin Web3 Summit.
Security remains a top priority. A major bug bounty program on Immunefi now offers rewards up to $500,000 for critical vulnerabilities, emphasizing Bifrost’s commitment to safeguarding user assets against threats like unauthorized minting, governance attacks, and consensus issues.
Looking Ahead
With ongoing development of Runtime 21000 and expanding Layer 2 integrations, Bifrost is poised to further revolutionize cross-chain DeFi. Its relentless innovation and community focus make it a project to watch in the coming months.
Join us as we build a more open, secure, and interconnected cross-chain financial ecosystem!