Introduction
Bifrost, a long-time partner of Astar, is applying to the Astar dApp Staking program. The proposal focuses on expanding multi-chain ASTR liquid staking, enabling staking across networks such as Base, Arbitrum, Ethereum mainnet, Soneium, and more.
About Bifrost
A liquid staking app chain built with Polkadot SDK, serving the omni-chain ecosystem.
Currently one of the largest Polkadot rollups with $100M+ TVL.
Leading in liquid staked DOT (vDOT) with 19M DOT (~$75M).
Offers liquid staking for multiple assets: Astar (vASTR), Ethereum (vETH), Manta (vMANTA), Moonbeam (vGLMR), and Kusama.
First to launch ASTR LST (vASTR) in Nov 2022.
vASTR stats: 84M+ ASTR (~$2M) TVL, 14,440 holders, supported across Substrate and EVM via omni.ls (SLPx).
vASTR Synergies & Achievements
Growth in 6 months:
TVL up 300%+.
Holder addresses up 1,300% (968 → 13,078).
Expanded staking availability across multiple chains (Bifrost, Moonbeam, Astar, Soneium).
Integrated into DeFi:
Listed on CoinGecko & CoinMarketCap.
Incentivized on DEXs like Hydration.
Supported by oracle providers (Bifrost XCM oracle, DIA, Redstone).
Strong partner marketing and exposure.
Next Steps
Leverage SLPx to enable minting vASTR across additional networks: Base, Arbitrum, BSC, Ethereum mainnet, and more.
Onboarding this capability through Omni LS.
Use of dApp Staking Rewards
Incentivize vASTR adoption.
Cover bridge costs for cross-chain operations.
Check out the portal: https://portal.astar.network/astar/dapp-staking/dapp?dapp=0xc6bf0c5c78686f1d0e2e54b97d6de6e2cefae9fd
