Experience the Next Level of Blockchain Innovation with Bifrost Incentivized Testnet 2 — Don’t Miss Out on the Awesome!

Indonode
4 min readDec 16, 2022

Introduction

Bifrost is a decentralized finance (DeFi) platform that aims to bring together the best of both worlds — traditional finance and blockchain technology. The Bifrost ecosystem is built on the Bifrost Network, a multichain platform that supports various blockchains and networks, including Ethereum, Binance Smart Chain, and more.

One of the main goals of Bifrost is to create a more accessible and user-friendly DeFi experience for everyone. To achieve this, the team behind Bifrost has developed a range of innovative products and services, including the Bifrost Crew, a community-driven platform that allows users to earn rewards by participating in various tasks and contributing to the Bifrost ecosystem.

Another key feature of Bifrost is its focus on security and compliance. The platform utilizes advanced security protocols and follows strict compliance measures to ensure that users’ assets are safe and secure at all times.

In addition to its core DeFi offerings, Bifrost also provides a range of other services, such as a decentralized exchange (DEX) and a lending and borrowing platform. These services allow users to trade and earn yield on their assets, as well as access liquidity when needed.

Bifrost is a decentralized finance (DeFi) platform that aims to bring together the best of both worlds — traditional finance and blockchain technology. The Bifrost ecosystem is built on the Bifrost Network, a multichain platform that supports various blockchains and networks, including Ethereum, Binance Smart Chain, and more.

One of the main goals of Bifrost is to create a more accessible and user-friendly DeFi experience for everyone. To achieve this, the team behind Bifrost has developed a range of innovative products and services, including the Bifrost Crew, a community-driven platform that allows users to earn rewards by participating in various tasks and contributing to the Bifrost ecosystem.

Another key feature of Bifrost is its focus on security and compliance. The platform utilizes advanced security protocols and follows strict compliance measures to ensure that users’ assets are safe and secure at all times.

In addition to its core DeFi offerings, Bifrost also provides a range of other services, such as a decentralized exchange (DEX) and a lending and borrowing platform. These services allow users to trade and earn yield on their assets, as well as access liquidity when needed.

Bifrost is constantly evolving and expanding its ecosystem, with new products and services being added on a regular basis. With its focus on accessibility, security, and compliance, Bifrost is well-positioned to become a leading player in the DeFi space. Whether you’re new to DeFi or an experienced user, Bifrost has something to offer everyone. So, if you want to be a part of the future of finance, check out Bifrost today!

BIT2

Join the Bifrost Incentivized Testnet 2 and be a part of the future of blockchain technology! With BIT2, you don’t need any technical expertise to get involved and contribute to the Bifrost ecosystem.

By participating, you’ll not only learn about the innovative Bifrost multichain finance platform, but you’ll also have the opportunity to experience it firsthand as new DApps are onboarded. Don’t miss out on this chance to be at the forefront of the blockchain revolution — sign up for BIT2 today!

Join the Bifrost Incentivized Testnet 2 and earn rewards as you help shape the future of blockchain technology! Through the Crew3 Platform, you’ll be able to complete tasks that support the Bifrost network and its multichain capabilities. Whether it’s requesting DApps to join the Bifrost network on social media or completing other tasks, your active participation will be rewarded.

Dates
Start date
: 16 December 2022

End date: until the launch of the mainnet

How

  • Go to Bifrost Crew3 Platform
  • Register your account using Discord
  • Connect Twitter & Metamask Wallet
  • Complete the task and earn rewards!

Evaluation Criteria

  • Number of transactions incurred (testnet & mainnet) 30%
  • Number of unique addresses using the DApp 10%
  • Originality (assessed by the BIFROST Team) 25%
  • Ease of use (based on user voting) 20%
  • Contribution to the blockchain ecosystem (determined by the BIFROST team) 15%

Reward Distribution

  • 20 DApps will be selected by the criteria above.
  • A total reward of $100,000+ will be distributed based on score and ranking.
  • Rewards will be distributed over a period of 6 months.
  • DApps must remain active during this period to be eligible for rewards.

Don’t miss your chance to join the exciting Bifrost ecosystem and be a part of its continued growth. This is a rare opportunity to get involved and make a difference — so don’t hesitate! Don’t miss out on the chance to be a part of something special — apply now and be a part of the Bifrost community.

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