About Bifrost (BFC) Cryptocurrency
Bifrost (BFC) Cryptocurrency is made up of a few modular components which allow active management of assets within DeFi protocols. Visor allows DeFi participants to utilize NFT Smart Vaults for liquidity provisioning and active liquidity management on Uniswap v3. An NFT vault that you mint and deposit assets into. You permission assets in your vault to interact with specified Hypervisors and Supervisors A Visor compatible smart contract that connects assets in your vault to external defi protocols The controller that carries out an asset management strategy for the hypervisor As with all widely used DeFi protocols, participation is expected in all areas to advance adoption
Bifrost (BFC) Cryptocurrency Visor’s community is thousands strong and is distributed across a variety of channels. Visit the links below to engage with us.Uniswap’s Version 3 — which launches on May 5th, less than six weeks from now, shocked most of the DeFi ecosystem when details were published just days ago. Of course the Uniswap team’s objective was to introduce improvements to capital efficiency and we all knew this. What took everyone by surprise though, was the way and which it was implemented.
Bifrost (BFC) Cryptocurrency has matured over the past year largely through the novel uses of fungible Uniswap Liquidity Pool tokens. LP tokens represent the ownership of a liquidity provider’s portion of a pool on Uniswap. However, using these tokens to denominate ownership of a pool is far from their only use case. In May of 2020, Ampleforth was one of the first projects to utilize these LP tokens within a rewards program. Ampleforth allocated a portion of their tokens for participants who provided liquidity on Uniswap and then deposited the respective LP tokens in a reward contract they called the ‘geyser’. From then until now, that model has been adopted and re-engineered hundreds of times and created somewhat of a standard within DeFi- how liquidity seekers incentivize liquidity providers.
Bifrost (BFC) Storage Key Points
|Source Code||Click Here To View Source Code|
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|Official Project Website||Click Here To Visit Project Website|
Visor Makes & Distributes Protocol Revenue
Bifrost (BFC) Cryptocurrency are introducing protocol revenue distribution to VISR stakers. It is very important to the future of Visor Finance that stakeholders are rewarded appropriately for their participation. Visor captures fees by taking 10% of the re-invested Uni v3 fees. Fees will be re-invested every X number of hours, which is also when VISR gets simultaneously purchased with 10% of the fees. That VISR is then distributed to those that stake VISR in their vaults.
Smart Vault Upgrade
Bifrost (BFC) Cryptocurrency are finalizing the new NFT interface for our Smart Vault upgrade. There are a number of new features that we are developing which will allow for all future innovations of Visor Finance to be made through deploying new Hypervisors. This is a significant upgrade because anyone will be able to develop a Hypervisor or Supervisor contract (similar to a Yearn strategy) that is compatible with Visor Vaults. These Vault features include new timelocks, approvals, permissions, transfer functions and a gasless subscription function. We are introducing these upgrades so that no matter what DeFi strategy a developer wants to implement through a Hypervisor, the Visor Vault will be compatible.
Programmable liquidity on Uniswap v3 with Smart Vaults
Bifrost (BFC) Cryptocurrency Visor allows DeFi participants to utilize NFT Smart Vaults for active liquidity management and liquidity provisioning on Uniswap v3.
Active Liquidity Management
Bifrost (BFC) Cryptocurrency manages your assets in top pools on Uniswap v3 with fee optimization and market making strategies
Re-investment of Fees
Bifrost (BFC) Cryptocurrency In Uniswap v3, your LP fees are not automatically re-invested. Visor re-invests fees for everyone who provides liquidity through their Visor Smart Vault
Capital Momentum Gradient
Bifrost (BFC) Cryptocurrency Projects can use Visor to actively manage their liquidity or run a price optimized liquidity mining program