Bifrost - Staking Yield Layer

Meet $vETH 3.0 The first LST that lets you stake $ETH natively across multiple chains.

Get your bbBNC 👉 app.bifrost.io/bbBNC?network=…

12,185,115 $BNC, roughly 15.3% of total supply, is locked as bbBNC. Unlike regular staking, bbBNC aligns holder incentives directly with protocol performance. Revenue generated across Bifrost's liquid staking products flows back to bbBNC holders. When you lock $BNC, you receive bbBNC, which grants protocol revenue sharing and governance voting weight. The longer the lockup period, the greater the weight and yield allocated to you.

We were in Hong Kong yesterday for RWA: The Evolution of Global Liquidity, a side event ahead of @festival_web3 @0xLurpis joined the panel on RWA Staking & On-Chain Liquidity Reconstruction, discussing how liquid staking infrastructure can unlock capital efficiency for tokenized real-world assets. As RWA moves from narrative to infrastructure, the question shifts from "can we tokenize it" to "can we make it liquid." See you around Hong Kong this week 🤝

📍 Event Recap | RWA: The Evolution of Global Liquidity With Web3 Festival kicking off tomorrow, side events are already underway. Today, we co-hosted RWA: The Evolution of Global Liquidity alongside @pharos_network, @Farooxyz, @Bifrost & @LabsWeb368672. We explored key topics around RWA, its role in global markets, the intersection of TradFi and Web3, Hong Kong’s position as a hub, and on-chain liquidity via RWA staking. Check out the highlights 📷

Bifrost’s architecture is built to ensure all vTokens remain fully backed at all times. We reinforce this with regular third-party security audits and an active bug bounty program open to anyone. Explore our latest audits: github.com/bifrost-io/bif…

Ahead of @festival_web3 in Hong Kong, we’re bringing together builders, institutions, and ecosystem leaders to unpack the big picture of RWA and global liquidity. 🗓 April 17, 8PM SGT 🗣️ Language: Chinese ⏰ Set your reminder: x.com/i/spaces/1qGvv… Hosted by @Farooxyz × @LabsWeb368672 🎯 Speakers - David Dai (@4232csim), CSO, @pharos_network - Yuyi (@Yuyi1903), Senior BD Manager, Hashkey Cass - Lurpis (@0xLurpis ), CEO & Founder, @Bifrost - Tyrone (@Tyronebrezzy), Co-founder, Faroo - Joyce Cui, Partner of @AssetoFinance - Laobai (@Wuhuoqiu) , Advisor of Amber Group - Beyond (@0xBeyondLee), Web3 Content Creator We’ll explore - How RWA evolved from concept to institutional adoption - The role of on-chain RWAs in reshaping global liquidity - Regulatory trends and institutional frameworks - Key infrastructure and liquidity innovations

Hyperbridge Exploit Review Bifrost integrates with @hyperbridge to provide cross-chain vToken minting and redemption services across multiple networks, including @Ethereum, @base , @arbitrum , @Optimism, and @BNBCHAIN Following the recent security incident involving Hyperbridge, the Bifrost team responded immediately and implemented a series of protective measures. Full Asset Audit All vToken reserves on Bifrost remain secure. A detailed breakdown is as follows: vDOT: Secure. However, vDOT that had been bridged to Base via Hyperbridge were exposed. The exploit only affected mirrored assets already existing on Base. No new vTokens were minted on Bifrost. vETH / vMANTA / vASTR / vPHA / vBNC: Fully secure. Total issuance remains 1:1 backed by on-chain reserves. vKSM: Not affected, as it is not integrated with Hyperbridge. Any ETH or MANTA losses are limited to Hyperbridge's own reserves and are entirely unrelated to Bifrost's vToken operations. Actions Taken Upon learning of the security incident, our team acted immediately to eliminate any risk of further exposure. The following measures have been implemented: Cross-chain channels closed. All cross-chain communication channels between Bifrost and Hyperbridge have been suspended. No messages can be transmitted in either direction until the situation is fully resolved. Mint and burn permissions revoked. Hyperbridge's authority to mint or burn any vTokens has been revoked until the situation is fully resolved. This eliminates the possibility of any further anomalous minting at the source. Cross-chain services suspended. All vToken minting and redemption services conducted via Hyperbridge have been suspended until further notice. Unaffected Services The following core functionalities remain fully operational: - All native features on Bifrost-Polkadot chain (staking, swapping, lending, etc.) - Cross-chain operations within the Polkadot ecosystem via XCM - Holding, transferring, and utilizing vTokens on the Bifrost chain Next Steps - Continue working closely with the Hyperbridge team to complete a full security assessment - Evaluate safe conditions for restoring cross-chain services - Provide timely updates to the community as progress is made Final Note The security of user funds is the highest priority for Bifrost. We acted swiftly to isolate all exposure points and have confirmed that our on-chain reserves remain sound. We understand that security incidents create uncertainty, and we want to assure the community that we are taking every necessary step to handle this responsibly.

@hyperbridge However, vTokens previously bridged to @base via @hyperbridge were exposed to this vulnerability. We had already closed the cross-chain channel prior to this. This was a bridge-layer issue, not a Bifrost protocol issue. Core LST minting architecture remains fully secure.

We're aware of the @hyperbridge MMR proof replay exploit. Want to address it clearly: Bifrost vTokens are not affected. Minting authority for all Bifrost vTokens exists exclusively on the Bifrost chain. External bridge contracts have no ability to mint or manipulate Bifrost vTokens. No action needed from users.

2nd case bifrost.subsquare.io/posts/187

Current referendum to revert 1 transaction to CEX bifrost.subsquare.io/referenda/233

❕gentle reminder for @Polkadot users transferring DOT 🚫 Do NOT transfer DOT directly from parachains to exchanges 🚫 We’ve had two recent cases involving large DOT amounts. This is clearly stated in the dapps (Hydration and Bifrost, below). If you’re using a wallet instead, please be careful.

You can now see Hyperbridge transfers between @Bifrost and other chains on Subscan.

More beach after parties with @privy_io, @wirexapp or @latitudesh. Thx to anyone inviting us, great moments for networking.

Both morning were busy with side vents we organized or were invitee to, presenting @Farooxyz and @Bifrost products. Merch disappearing in seconds 🌈.

Day 2&3 recap at @EthCC We keep juggling between main conferences, side talks and after parties, baguette and Bifrost style mandatory.

Quick pics recap from the @OVHcloud side event, where @0xLurpis introduced how Bifrost infra leverages yield across chains, providing LSTs as a service. Infra powered and secured by OVH bare-metal servers for maximum performance 💪🏻.