Liquid Staking on Bifrost

To view in the Bifrost Support Lab, visit How to Liquid Stake on Bifrost and receive vTokens.

Currently you can mint all vTokens using the Bifrost dapp: https://app.bifrost.io

They are available under the Bifrost chains (Bifrost-Polkadot and Bifrost-Kusama) which supports the Polkadot SDK (Substrate). vETH is directly available under the Ethereum chain.

If you are already familiar with Polkadot and understand staking principles, you can jump successfully on our app and using it right away! Follow the guidance and relevant links below to get going.

With Bifrost, you are now able to stake your tokens (DOT, KSM, ETH, MANTA, GLMR, ASTR, MOVR, FIL, BNC) in exchange for vTokens which you can deploy around the Polkadot ecosystem and beyond. In order to liquid stake your tokens, visit app.bifrost.io and select “vStaking”.

Youtube tutorial for vDOT

Step-by-step tutorials

vTokens (but vETH)

Example with vDOT below:

Get DOT on Bifrost

Before minting and using vDOT you first need to hold DOT in the Bifrost network. Prepare DOT on your wallet address on the relay chain: - Purchase DOT on CEX or DEX - Buy DOT with credit card with fiat on-ramp solutions (i.e Banxa) - Withdraw from other ecosystem parachains (HydraDX, Moonbeam, Astar, Interlay...)

1. Login to app.bifrost.io and confirm the network in the upper right corner is Polkadot

Polkadot network selected

1. Click "Cross chain" in the main navigation menu on the left to enter the cross chain function

Cross chain menu

1. Click on the "From" option and select Polkadot

Cross chain interface

1. Enter the amount of DOT that needs to be crossed in into Bifrost, and click "Cross in" to complete the confirmation and sign the transaction. Finally wait for the transaction to be completed (6 to 12s). You successfully deposited DOT on Bifrost !

You can also cross-chain DOT directly in the vDOT staking page, by clicking on the "Cross in" option, see next paragraph

Stake DOT

1. Click on vStaking in the main navigation menu, then click vDOT to enter the vDOT page

vStaking menu with all LSTs

1. Enter the amount of DOT to be minted into vDOT in the right panel (0.5 DOT is the minimum)

vDOT staking page - Minting

1. Click on "Stake" button, confirm and sign the transaction. Once vDOT are minted they are directly deposited in your Bifrost wallet.

vETH specificity

Prerequisites

Open app.bifrost.io/vstaking/vETH page, connect your Ethereum wallet and switch to Ethereum mainnet

Stake ETH

1. Click on vStaking in the main navigation menu, then click vETH to enter the vETH page

vStaking menu with all LSTs

1. Connect your Ethereum wallet and switch to Ethereum mainnet

Connect your wallet

1. Enter the amount of ETH to be minted into vETH in the left panel (0.01 ETH is the minimum)

vETH staking page - Staking

1. Click on "Stake" button, confirm and sign the transaction. Once vETH are minted they are directly deposited in your wallet. You can add the token using the menu bar

Add to wallet