Bifrost has successfully implemented vETH 2. 0, supporting the Ethereum Shanghai Upgrade. Its main features are:.
07 Apr 2023, 05:22
🚨 Bifrost has successfully implemented vETH 2.0, supporting the Ethereum Shanghai Upgrade!
Its main features are:
✅ Ethereum mainnet compatibility
✅ Support 1:1 ETH redemption from staking
✅ vETH1.0 to vETH 2.0 immediate conversion
Extra features:
💡 vETH2.0 staking rewards shift from a Rebase to a
yield-bearing model
💡vETH2.0 contract will add a brand new Fast Redemption system
💡 The Distributed Validator Technology (DVT) allows for more robust node risk control and a higher degree of automation
Full thread 🧵
Find the go-live timeline, contract address, audit report & open source code in the Medium article ⤵️