Bifrost's Robust Evolution: From the Polkadot Ecosystem to the Full Chain Yield Layer!
It has been 14 days since the launch of $bbBNC, and the early results are already impressive: 7,314,507 $BNC have been locked as bbBNC, with an average lock-up period of 438 days. This not only reflects users' confidence but also indicates market recognition of Bifrost's long-term value.
Looking back, Bifrost started as a liquidity staking platform in the Polkadot ecosystem, focusing on solving liquidity issues, gradually building a reliable staking infrastructure step by step.
As the ecosystem expanded, it evolved into a staking yield layer aimed at stablecoins, RWA, and DeFi, supporting not only Polkadot but also serving the entire multi-chain world.
This journey has not been easy — from technical implementation to user education, from single chain to cross-chain, from early liquidity staking to a full-chain asset appreciation platform, every step has tested the team's resilience and strategy. Bifrost chose not to engage in short-term speculation but instead has taken steady steps, proving itself with time and data.
Today's bbBNC lock-up data is the best evidence of Bifrost's long-term strategy: it is not just a staking tool, but a roadmap that evolves, survives, and gradually grows in the DeFi world.
Every step of Bifrost tells the market: truly valuable infrastructure requires time, confidence, and persistence. #Bifrost
In the technical narrative of @Polkadot Network , we often hear about cross-chain, parallel chains, infinite scalability, and various cutting-edge architectures proposed by Gavin.
But what truly brings Web3 to the masses is not more complex technology, but that layer that allows a billion ordinary people to actually use products.
The Polkadot technology itself is strong enough, even strong enough that no one questions it.
The real challenge is: how to turn this "decentralized computer" into an application platform that everyone can build and use.
In this in-depth conversation, Parity's Pierre rare and candidly discusses: the past directional misjudgment of Polkadot, the strategic significance of the Hub, the stablecoins and PoP (decentralized identity verification) promoted by Gavin, the product roadmap for the next six months, the application explosion point in 2026, and why Parity wants to hire 50 more people.
If you want to know:
- What is the next step for Polkadot? - Why create a Hub? - Why does Gavin divide products into "Life & Spaces"? - How critical are stablecoins? - When can Web3 applications truly "take off"?
This article will provide you with the clearest, most frontline, and most honest answers.
Parity Vice President Pierre Aubert hinted at 5 key pieces of information in a recent interview:
① The biggest problem with Web3 is not technology, but the lack of runnable applications. Pierre mentioned multiple times: Development outside of DeFi has been very slow. Web3 Summit still uses Web2 for ticketing and access control. Data breaches are more serious than Web3's "insufficient decentralization". The current focus is not on building chains, but on using chains to create things that can actually replace Web2.
② Parity's past approach of "only building chains and not applications" has failed.
He was very frank: two years ago, there was an expectation for external developers to build applications, but it turned out that ecosystem development was too slow. Therefore, Parity needs to first create demos, make prototypes, and use the things it builds itself. This is a huge strategic reversal.
③ The strategy of Hub is not "EVM vs PVM as a choice", but "EVM to be implemented first, PVM responsible for the future". Pierre made it very clear: EVM = Used to connect to DeFi blue chips, to get the ecosystem moving first. PVM = High-performance computing, future differentiation, ZK/AI/L2 cannot be done on EVM. The competitive advantage of Polkadot's application layer is not replicating Ethereum, but completing the parts that Ethereum cannot achieve.
④ Gavin is promoting a "product-centered second era of Polkadot". In the interview, Pierre constantly hinted: After Gavin returned, he completely reshaped the company's direction. Product cycles every two weeks. Building access control, ticketing, Chat/notifications, storage. Replacing Web2 with on-chain computing, on-chain storage, on-chain communication. This is the prototype of the "Web3 application stack", rather than a single product.
⑤ Parity wants to rebuild a "decentralized AWS + iCloud + Firebase". He mentioned: Compute = Polkadot Storage = JamDA, DataHaven, Eiger Messaging = Decentralized P2P communication Identity = Project Individuality Apps = Parity will create prototypes first. This is essentially a Web3-native Cloud + Application Layer.
The significance of this interview is not "What is Parity doing?", but "Why must Parity change? Where exactly is the application layer of Polkadot headed? What is the strategic logic behind Hub + JAM + PVM + Project Individuality?" Read more in the article from PolkaWorld titled "Gavin's First Decision After Returning: Parity Will No Longer Just Build the Base Layer, But Will Build Products!" #paritytech
Check out the important developments from @Polkadot last week, so you don't miss any information~
1.WisdomTree submitted a new cryptocurrency fund application to the SEC, with Polkadot (DOT) listed as one of the core assets! x.com/polkaworld_pro
2.Gavin announced the launch of the second epoch of Polkadot at the Sub0 conference! The Polkadot Mobile App will become the new entry point and is one of the most important products for the next two years! The era of 'only technology without products' for Polkadot is over! x.com/polkaworld_pro
3.Gavin's first OpenGov proposal (Polkadot People Initiative: Incentives for Mass Polkadot Activation Campaign) is currently in progress! polkadot.subsquare.io/referenda/1783
Parity: Polkadot Hub will launch before Christmas! The application explosion period will arrive in Q1 2026!
In the technical narrative of Polkadot, we often hear about cross-chain, parachains, infinite scalability, and various cutting-edge architectures proposed by Gavin. But what truly brings Web3 to the masses is not more complex technology, but that layer that enables a billion ordinary people to truly use the products. The technology itself is already strong enough, so strong that no one questions it. The real challenge is: how to turn this 'decentralized computer' into an application platform that everyone can build and use. In this in-depth dialogue, Parity's Pierre spoke rarely and frankly about: the past misjudgment of Polkadot's direction, the strategic significance of the Hub, Gavin's promotion of stablecoins and PoP (decentralized identity verification), the product roadmap for the next six months, the application explosion point in 2026, and why Parity needs to hire 50 more people.
Not long ago, Gavin accepted an interview with 'Space Monkeys', reflecting on his thoughts and plans for the future.
He admitted: "The next ten years of Polkadot are the ten years of my life."
This is not only a commitment to the development vision of Polkadot but also marks his personal role's transition from a simple 'protocol inventor' to a 'creator' who drives ecological implementation through actual products.
In the past, Gavin built system-level innovations like Substrate, Polkadot, OpenGov, and others.
Today's Gavin wants these technologies to truly serve life!
He confessed that he originally hoped to pursue personal interests like music or gaming after Polkadot took shape.
But he realized that before he truly embarked on his ideal life, he more hoped to see Polkadot, which he created, continuously generate real value for the world! #Polkadot #Gavin
If you missed Gavin's important speech at Polkadot Sub0 last night, here are 10 things you must know!
1. Gavin's speech main line: @Polkadot Network officially transitions from 'just doing technology' to 'the era of making products'!
The core of Gavin's entire speech revolves around one thing: Parity and Polkadot are entering the Second Age — from network protocols → infrastructure → large-scale user products.
This is the main theme of his entire talk, as well as the direction for Polkadot in the next two years.
2. Why shift from making protocols to making products?
1) The core protocol of Polkadot has been built (the mission of the first era is complete) • The first version of the core technology Polkadot has already been proven scalable to large societal levels (reflected by the massive transaction volume of parachains)
Polkadot Weekly|Gavin Wood announces the launch of Polkadot's second era at Sub0! Polkadot mobile applications will become a new entry point!
Polkadot Breaking|WisdomTree submits new crypto fund application to the SEC, with Polkadot (DOT) listed as one of the core assets! American asset management giant WisdomTree submitted its latest S-1 registration statement to the SEC on November 7, planning to launch a spot crypto fund tracking the CoinDesk 20 Index — WisdomTree CoinDesk 20 Fund. The fund will directly hold 20 mainstream digital assets, including BTC, ETH, SOL, DOT, etc., covering the top 20 crypto projects by global market capitalization, aimed at providing institutional and compliant investors with access to a basket of crypto assets. https://x.com/polkaworld_pro/status/1987729456702881916
Parity Vice President Pierre Aubert hinted at 5 key pieces of information in a recent interview:
① The biggest problem with Web3 is not technology, but the lack of runnable applications. Pierre mentioned multiple times: Development outside of DeFi has been very slow. Web3 Summit still uses Web2 for ticketing and access control. Data breaches are more serious than Web3's "insufficient decentralization". The current focus is not on building chains, but on using chains to create things that can actually replace Web2.
② Parity's past approach of "only building chains and not applications" has failed.
He was very frank: two years ago, there was an expectation for external developers to build applications, but it turned out that ecosystem development was too slow. Therefore, Parity needs to first create demos, make prototypes, and use the things it builds itself. This is a huge strategic reversal.
③ The strategy of Hub is not "EVM vs PVM as a choice", but "EVM to be implemented first, PVM responsible for the future". Pierre made it very clear: EVM = Used to connect to DeFi blue chips, to get the ecosystem moving first. PVM = High-performance computing, future differentiation, ZK/AI/L2 cannot be done on EVM. The competitive advantage of Polkadot's application layer is not replicating Ethereum, but completing the parts that Ethereum cannot achieve.
④ Gavin is promoting a "product-centered second era of Polkadot". In the interview, Pierre constantly hinted: After Gavin returned, he completely reshaped the company's direction. Product cycles every two weeks. Building access control, ticketing, Chat/notifications, storage. Replacing Web2 with on-chain computing, on-chain storage, on-chain communication. This is the prototype of the "Web3 application stack", rather than a single product.
⑤ Parity wants to rebuild a "decentralized AWS + iCloud + Firebase". He mentioned: Compute = Polkadot Storage = JamDA, DataHaven, Eiger Messaging = Decentralized P2P communication Identity = Project Individuality Apps = Parity will create prototypes first. This is essentially a Web3-native Cloud + Application Layer.
The significance of this interview is not "What is Parity doing?", but "Why must Parity change? Where exactly is the application layer of Polkadot headed? What is the strategic logic behind Hub + JAM + PVM + Project Individuality?" Read more in the article from PolkaWorld titled "Gavin's First Decision After Returning: Parity Will No Longer Just Build the Base Layer, But Will Build Products!" #paritytech
💥 The individuality system will also be integrated into @Polkadot Hub!
Currently, the positioning of Polkadot Hub is as a Polkadot L1 smart contract platform! The Hub is not a replacement for parachains but a supplement, aimed at enabling developers to build applications faster and more broadly.
1/
However, having only the smart contract infrastructure is not enough. For the Hub to succeed, it needs stronger incentives and user mechanisms!
Gavin clearly pointed out: technical strength does not equate to functionality; it needs to attract developers, users, teams, and entrepreneurs through a "usage layer motivation."
2/
The secret to the success of Web2 giants is: free services, such as:
• Free social • Free search • Free payment
Users like "free," which is the foundation of internet growth.
For Polkadot to compete, it must also provide users with a similar experience.
3/
The premise of free services is a strong anti-witch mechanism. Without anti-witch measures:
• Free services will be abused • The network cannot bear the costs • The incentive system cannot operate
Gavin's view:
Free services = must first solve witch attacks
This is the fundamental reason for the existence of the individuality system Project Individuality (PoI, PoVI).
Gavin's first decision after returning: Parity will no longer just build the underlying layer, but will build products!
For the past two years, Polkadot has faced a fundamental dilemma: the chain technology is already world-class, but the applications that can truly run are extremely limited. DeFi can run, but other scenarios of Web3 are almost stagnant. External developers have not been able to 'use Polkadot to build applications' as expected, and the ecological expansion has encountered bottlenecks. So when Gavin returned to lead Parity's direction, one thing became unprecedentedly clear — if no one creates Web3 applications, then Parity must create them itself first. This is not just about 'doing a few demos'. It is a strategic shift — from 'Parity responsible for infrastructure, applications relying on ecology' to 'Parity first creating real prototypes that can replace Web2, personally verifying the value of Polkadot technology.'
What if a mobile phone is not just a "screen brushing tool," but can become a decentralized computing node?
Acurast is making this happen: Turning your smart devices into part of cloud computing infrastructure, breaking the monopoly of big tech companies on the cloud, and returning computing power back to the users.
Under the Polkadot architecture, this means a more open, private, and resilient network future.
This issue is deeply analyzed by @killercsecurity and @a_d_c_ on why "privacy + resilience" is the key to the next generation of cloud computing.
When computing power is decentralized, how will the power of the internet be redistributed? #Acurast
The individuality system proposed by Gavin Wood not only needs to connect to the @Polkadot Network mobile application but will also connect to multiple gateways of third parties and Polkadot!
Gavin believes that the experience of users on centralized exchanges is not the true Web3 experience! He hopes that users can experience the real Web3 on Polkadot, and that this experience is easy, simple, and enjoyable!
The construction of this experience is also a key step in what Gavin proposed as Polkadot's "Second Era."
He hopes to enable everyone to become Polkadot People! #Polkadot
Although everyone already knows about this matter, I still want to emphasize the significance and value of this event!
@Polkadot Network has become the first blockchain ecosystem officially recognized as a 'key enterprise' by the Hong Kong government, marking a milestone event.
1⃣ This is the first time in Web3 history that a government department has recognized a decentralized ecosystem as a 'strategic enterprise.'
Typically, 'key enterprises' (OASES project) are aimed at multinational giants like ARM, GSK, and Xiaohongshu, while @Polkadot is the first blockchain ecosystem included as a 'decentralized network.'
2⃣ This means that blockchain technology has been incorporated into mainstream technological and financial development strategies.
The OASES department under the Financial Secretary of Hong Kong directly views Polkadot as a strategic resource for promoting fintech development, which is not only a symbolic recognition but also a 'formal acceptance' at the policy level.
3⃣ Obtaining a direct communication and policy feedback channel with the government.
The Polkadot team can directly participate in policy discussions related to Hong Kong's fintech policies, digital asset frameworks, Web3 application scenarios, etc., becoming a 'participant in institutional development' rather than just a 'regulated entity.'
4⃣ A blockchain DAO organization signing a strategic cooperation agreement with a government agency is quite rare on a global scale.
The Polkadot community authorized through on-chain proposals for the Polkadot Community Foundation (PCF) to establish a subsidiary in Hong Kong, representing the DAO in signing the agreement with the government.
This means that decentralized organizations have, for the first time, established a formal strategic cooperation relationship with the government as a legal entity.
Learn more in the latest article from PolkaWorld 《Polkadot 获香港政府重点企业认定,HIC 宣布三项波卡生态新投资!》 #Polkadot
New Cycle Signal: The Revitalization Window Built by Polkadot Hub and Asian Developers!
On the eve of the commercialization of Polkadot Hub, OpenGuild is becoming a key force in driving participation from developers in the Asia-Pacific region. On one hand, they are collaborating with the Web3 Foundation to prepare for the largest Build-a-thon in the Asia-Pacific region in Q1 2026 — this is not only aimed at EVM developers but also introduces participants from AI, business, and marketing in Web2 for the first time, allowing more traditional tech teams the opportunity to understand and enter the ecosystem of Polkadot Hub. On the other hand, OpenGuild is also striving to secure foundation resources for multiple real application projects: • A social payment application that supports USDT and can directly convert to local fiat currency;
GehrleinJonas has proposed a brand new idea on the Polkadot Forum: to establish a "Dynamic Allocation Pool" that allows newly issued DOT to first enter a programmable transit pool before officially flowing in various directions.
From here, DOT will be automatically allocated to: → Validator and nominator rewards → Treasury → Strategic reserves → Stablecoin protocols
Currently, this is still a conceptual draft in the discussion phase and has not yet entered the formal proposal process.
However, it could redefine the core logic of the Polkadot economic cycle—definitely worth paying attention to.
‼️Please note that the Polkadot Asset Hub has completed the 2.0.2 version upgrade!
This upgrade fixes the abnormal annual issuance of DOT, and the daily issuance has now been restored to 328,797 DOT/day (approximately 120 million DOT/year), which means that your DOT staking yield has now returned to normal levels!
Thank you to all the community members who participated in the voting!
In today's world where stablecoins are the main line of global financial innovation, @Polkadot Network is transitioning from 'technical networks' to 'financial infrastructure'!
As Kristin from PolkaWorld said at the Hong Kong FinTech Week:
The real challenge is not making people understand stablecoins, but making them understand the future of blockchain and Web3.
Stablecoins are just the beginning! Allowing the global financial system to operate on open protocols is the ultimate issue that Polkadot aims to solve! #Polkadot #HongKong
Technology Stabilization, Ecosystem Initiation: 2026 will be a key year for Polkadot's product explosion!
Over the past two years, Polkadot has focused on refining its underlying architecture and optimizing performance. With the completion of three core functions: Async Backing, Agile Coretime, and Elastic Scaling, the infrastructure for Polkadot 2.0 has been largely established. This means that the network has made substantial improvements in block production efficiency, resource utilization, and scalability, providing technical support for the next phase of ecological construction. Next, Polkadot's development focus will gradually shift towards the upper-level ecosystem, including smart contract environments, development tools, virtual machine integration, and the construction of application layer products.
This article concludes with the following description:
“Gavin Wood has always been building computers for the “planet,” every time he finishes one, he starts thinking about how to make the next one better. And this is his way of life. This is Gavin Wood.
After reading it, I have many feelings! This is a summary of Gavin's brilliant achievements in the first half of his life, as well as a deeply insightful long article.
It describes the thoughts and journey of the legendary figure in the blockchain field, Gavin Wood — a person who is always 'rebuilding the world computer.'
From early music visualization research, to co-creating Ethereum with Vitalik Buterin; from the lessons and transformations of Parity, to the multi-chain vision of Polkadot, and now to the JAM (Join-Accumulate Machine), Wood's story is almost an evolutionary history of a technical idealist.
The author not only records Gavin's repeated 'build—overthrow—rebuild' in technology but also explores the tension between Gavin and power, governance, and perfectionism: a person who does not love being a CEO, yet has conceived three times of 'a computer built for all humanity'; an engineer who insists on systematic thinking and formal rigor, yet is always driven by ideals to overthrow the systems he has established himself.
This article is worth reading, not only to understand blockchain but also to understand those thinkers who constantly question the existing order and continually reshape the order — they make technology not just a tool, but a philosophical experiment about ideals and limitations.
Author: Thejaswini M A Original link: https://www.thetokendispatch.com/p/gavin-wood-building-breaking-rebuilding?utm_campaign=post&utm_medium=web #Gavin