vsKSM
Mint Drop
Mint vsKSM in Bifrost SALP & Gain BNC Airdrop
Ended
5205
Participated
Contributed
142,430.9241 KSM
Crowdloan
136,816.2021
vsKSM Liquidity
5,614.7220
Leading amount
10K + 10,012.4189 KSM
Asgard Hero
5
Hela
2000 BNC
G2uzZi…oSAFGs
50
Loki
2200 BNC
Dyh3fg…ksfq4A
500
Odin
2500 BNC
DGif6o…6TmgQ5
5K
Bor
2800 BNC
DMF8a3…AUMSXU
10K
Buri
3000 BNC
HF4pby…dUTMLt
Backed by
Backed by
Mint vsKSM

Mint vsKSM i.e. support Bifrost Slot Auction and get guaranteed airdrop. 95% of all underlying KSM will participate in the Bifrost Kusama Slot Auction, and the remaining 5% will be used for the initial liquidity of vsKSM. When Bifrost wins the Kusama slot and completes the mainnet launch, the success airdrop will be released, the utility of vsKSM and vsBond will be activated as soon as Bifrost onboard the parachain.

Security Escrow Announcement
Do not directly transfer to multisig address.
Activity ended please check reward in Bifrost Dapp
Subscribe for Bifrost latest auction plan

Special NFT

Contributed at least 10 KSM to activate special NFT
If you vote for Bifrost Crowdloan at least 10 KSM (excluding centralized channels), and own or obtain a Kanaria bird NFT in the future, you will be able to use the Kanaria bird to claim a Bifrost Kanaira exclusive equipment with high rarity in RMRK (The same bird cannot be claimed a second time).

Your KSM’S RoadMap

Over
30%
Circulation BNC

High profit

Mint vsKSM for triple BNC airdrop
No Lock
You can cash out underlying KSM at any time by trading vsKSM
Completely safe
vsKSM minting in advance, multi-sign to ensure the safety of funds
Guaranteed Airdrop
Guaranteed airdrop with no vesting time

What is Bifrost SALP

Bifrost Slot Auction Liquidity Protocol (SALP), launched to release users’ KSM/DOT liquidity locked in Crowdloan by generating derivatives. SALP will greatly increase the capital utilization of crowdloan and attract more participants who do not want to lose opportunity costs to support the parachain slot auction.

vsToken

The function of vsToken enables contributors to sell the vsToken for the original Token at any time to achieve the purpose of releasing liquidity.

Swap module coming soon.
vsBond

vsBond represents a specific parachain Lease Period and its slot auction reward.

Bond market coming soon
Acceptance market

When the parachain lease period expires, you can redeem your KSM at a 1:1 exchange rate by destroying the combination volume of vsKSM and vsBond.

Process

FAQ

What is vsToken? How to use it?

Mint 1KSM get 1vsKSM, and vsKSM can be traded and transferred at any time just like ordinary tokens.

What is vsBond? how to use?

Mint 1KSM get 1vsBond, and vsBond corresponds to the lease period of different parachains and can get the bidding rewards. vsBond can also trade and transfer at any time like ordinary tokens.

When can I trade vsKSM and vsBond?

When the parachain is officially auctioned successfully, vsKSM and vsBond can be traded and transferred.

How to redeem my KSM?

After the expiration of the parachain, use vsToken+vsBond in Bifrost App to redeem KSM 1:1.

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