vKSM

vKSM

Intro

vKSM (voucher KSM) is a shadow token of staked KSM, with fully underlying KSM reserve and yield-bearing feature of KSM staking reward. It is issued by SLP (Staking Liquid Protocol) - the in-house Bifrost decentralized protocol. Users can deposit KSM into Bifrost SLP protocol and get vKSM as return, vKSM can be traded in the open market or be redeemed back to KSM. Holding vKSM equals to holding the KSM staking position and autocompounding, thus staking rewards appreciate the minting price of vKSM.

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Issuer

Integrations

Explore apps and services using vKSM:
vKSM integrations
Table view
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dApp
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Use case
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Link
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LSD Utility
Liquid Staking
https://bifrost.app
Mint + Swap + Farm
DEX
https://app.mangata.finance
Swap + LP farming
Wallet
https://talisman.xyz
Hold
Wallet
https://subwallet.app
Hold
Wallet
https://novawallet.io
Hold

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