Bifrost has launched two new pools on its Polkadot rollup. The vBNC-BNC pool, with a modest APR of 6.7%, has been migrated from Kusama. Meanwhile, the new BNC-USDT pool is offering yields in excess of 200%.
In Big Spender referendum 1587 Snowfork is requesting a $5M USD equivalent in vested payments for completed milestones and 12 months of operational costs of Snowbridge. The payments allocated to operational costs and team incentives ($3.75M) will be held in the Insurance and Bug Bounty Coverage wallet, vested over 12 months. Funds may be diverted to reward identifiers of vulnerabilities, or compensate victims of a bridge exploit.
