vsDOT (Voucher Slot DOT) is the vsToken for DOT crowdloan on Polkadot. It is issued by SALP (Slot Auction Liquid Protocol) - the in-house Bifrost decentralized protocol. Bifrost SALP aims to release liquidity of contributions in Kusama/Polkadot crownloan through the issuance of derivatives.
vsDOT enables contributors to convert the vsDOT in exchange for the original Token at any time, so as to achieve the purpose of releasing liquidity. While, vsDOT/vDOT pair also supports the arbitrage space for users.
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vsDOT liquid staking is in development and will be available soon.
Explore apps and services using vsDOT:
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