Polkadex Joins Forces with Bifrost Again for Enhanced Crowdloan Experience

Contribute to the Polkadex Crowdloan via Bifrost and get liquid DOT plus extra BNC rewards on top of the 2 PDEX per DOT rewards!

Rewards Breakdown

Every Polkadexer who contributes to the Polkadex Crowdloan through Bifrost’s vCrowdloan product will receive the following rewards from Polkadex:

  • Base reward of at least 2 PDEX per DOT.
  • An exclusive utility-based NFT for each of the top 1,000 contributors which will grant holders a 20%–50% discount on Polkadex Orderbook trading fees.*
  1. 0.04 BNC tokens per DOT
  2. 1 vsDOT per DOT

Bifrost SALP

Bifrost allows Polkadex Crowdloan contributors to mint fully decentralized liquid derivative tokens (1 vsDOT : 1 DOT) through the Slot Auction Liquidity Protocol (SALP). Intended as a solution to release the liquidity of the DOT locked in the parachain lease, the vsDOT derivative token represents a Crowdloan contributor’s locked DOT position.

Full rewards breakdown and participation guide

For more rewards details and a more comprehensive guide on how to participate in the Polkadex Crowdloan, check out the article below:

About Bifrost

Bifrost is a web3 derivatives protocol that provides decentralized cross-chain liquidity for staked assets. By leveraging on the cross-consensus message (XCM) it can provide cross-chain liquid staking services for multiple chains.

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