Intro:
vDOT (voucher DOT) is the liquid staked token of DOT, with fully underlying DOT reserve and yield-bearing feature of DOT staking reward. It is issued by SLP (Staking Liquid Protocol) - the in-house Bifrost decentralized protocol.
Users can deposit DOT into Bifrost SLP protocol and get vDOT as return, vDOT can be traded in the open market or be redeemed back to DOT. Holding vDOT equals to holding the DOT staking position, staking rewards appreciate the exchange price of vDOT.
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vDOT liquid staking is in development and will be available soon.
Issuer:
Integrations:
Explore apps and services using vDOT:
vDOT integrations
dApp
Use case
Link
LSD Utility
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