Project Rundown Interview with BiFi: A Lending and Borrowing Platform with Lending, Pooling, and Staking

Press Release • May 10, 2021

Hey guys! Happy to connect today and learn more about BiFi! Can you tell us more about the founding of BiFi and what the problem is that you were addressing?

In 2016, we initially began the development of Bifrost, a multichain middleware platform that allows for blockchains to communicate with each other. While the technology was ready for initial commercialization, we realized that Bifrost was too early for the blockchain industry. With most DApps built on Ethereum and without other strong mainnet protocols DApp developers did not have an option of leveraging a multichain environment to build. At the same time, we took note of the surge of DeFi projects and saw the potential in enabling a truly multichain DeFi ecosystem.



Gradually, we decided to develop our own DeFi called BiFi. BiFi is the Multichain DeFi Project built on BIFROST, the Universal Multichain Middleware. BiFi aims to create a decentralized financial infrastructure that connects all the capital markets currently isolated on each blockchain, and creates new products and services that interoperate across multiple blockchains.


Could you please give us a rundown of the most important things about the BiFi?

BiFi is a lending and borrowing platform with three main services (Lending, Pooling, Staking). It incentivizes users with interest and BiFi tokens for using the service.

  1. Lending (on Ethereum & BSC): Users can deposit and borrow BEP-20 and ERC-20 assets
  2. Pooling (on Ethereum): Users can become a liquidity provider for BFC-ETH and BiFi-ETH pool on Uniswap, then stake LP tokens on BiFi
  3. Staking (on Ethereum): Users can stake BFC tokens


So going forth into 2020 and beyond, how will BiFI make an impact in the crypto space, or on the world?

Without interoperability, the DeFi markets remain isolated on each blockchain, competing for users and assets. Leveraging BIFROST, BiFi seeks to create a decentralized financial infrastructure that connects all the capital markets — allowing capital to flow seamlessly from one blockchain to another, without any wrapping, bridging, or custodians.


Now, could you tell us about your accomplishments so far, and in the history of the BiFi, please tell us what you are most proud of.

BiFi allows interoperability between DeFi networks (e.g. Ethereum, BSC, and beyond), enabling load distribution across chains, enabling cheaper and faster transactions while connecting digital capital markets.

BiFi is currently supported on Ethereum and Binance Smart Chain (BSC). BiFi on Ethereum and BSC is a single service, not living on a separate island. BiFi uses Bifrost’s multichain technology to collect and exchange data among different blockchains, enabling a truly multichain ecosystem. This ensures that the rewards are not divided chain by chain, but rather shares the same existing distribution model among chains. BiFi will gradually expand the range of information exchanged on these chains to build a multichain DeFi with collateralized loans from different chains.


Now, give us a quick rundown of the future of the project. For example, what new things are you seeking to bring to life and what will it mean for BiFi?

In January 2021, BiFi launched its staking, pooling, and collateralized lending services on Ethereum. Following in March, the lending service was launched on Binance Smart Chain (BSC), as our next initiative in envisioning a multichain ecosystem. Rather than mere mirror instances, BiFi shares market data across both blockchains with a watcher.


BiFi plans to launch multichain lending service (deposit BTC, borrow ETH) in Q3/Q4 2021. No wrapping, no bridges. We also plan to release our own multichain wallet and multichain development suite for other DeFi projects to expand the multichain DeFi ecosystem.


Tell us about your team. Who’re the people behind the screens?

Bifrost and BiFi is currently a team of 31 with in-house developer, product, growth and marketing teams.

Dohyun Pak is the CEO and co-founder of Bifrost. He is an ex-quantitative derivatives trader with more than 20 years of experience in developing and managing quantitative products for global financial institutions. He received his PhD in Financial Engineering at the University of Michigan, Ann Arbor and currently serves as a professor of mathematical finance.


JongHyup Lee, CTO and co-founder of Bifrost, is a cyber security expert with a PhD in Computer Science with more than 15 years of experience in the field. He has presented research at top-tier conferences as a post-doctoral researcher at CMU and also a founding member of PPP (top CMU Hacking Team). He also serves as a professor of mathematical finance.


Changhyun Yoo, COO and co-founder of Bifrost, is a financial software architect and derivatives trader with 20 years of experience. He has developed countless financial platforms for leading financial institutions for over a decade.


Soso, CMO of Bifrost, is a medical doctor turned crypto VC. He has been one of the top Korean YouTube influencers since 2017. As a co-founder of a blockchain-focused Venture Capital, he supported growth for more than 30 companies. He fuels the Bifrost team with his passion for cryptocurrencies and expertise in blockchain technologies.


Which partnerships have BiFi engaged so far, and which ones are the most impactful?

To offer more mainnet options to developers and expand our services within the DeFi ecosystem, BIFROST and BiFi together have established over 35+ global partners. Most notable partners include Neo, Matic, Terra, Nuls, Tomochain, Coti, Reef, and Marlin; most recent ones include Chainlink, Ozys, Tokamak, PAID, and PlasmaPay. The full list can be viewed on our website: https://thebifrost.io/partner.


If people would like to follow BiFI on social media, visit your website or read your important documents, what are the links they need to visit? Please list them below.

Links to our websites, dos, social media, and Telegram can be found below:


Bifrost


BiFi


Social Media


Bifrost & BiFi Telegram


Thank you so much for your time! Do you have anything to add before we finish?

If you are new to BiFi or even decentralized finance, see our BiFi Guide for a step-by-step tutorial on BiFi. Join our Telegram channels to stay updated on recent announcements and developments. Our AMA Telegram group is also open for anyone to join — our team members will be happy to answer any questions you have about Bifrost and BiFi — almost immediately!


Disclaimer: This article is not intended to be a source of investment, financial, technical, tax, or legal advice. All of this content is for informational purposes only. Readers should do their own research. The Capital is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by reliance on any information mentioned in this article.

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Bitcoin to $1 Million: The Future of Wealth Creation Through Mining

By press release • May 2, 2025
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Polana Launches AI-Driven DeFi Platform and Starts POLAI Token ICO/Presale

By press release • May 2, 2025
Polana Labs (POLAI) , an AI-powered DeFi platform, has officially launched, boasting automated, AI-driven investment tools that help users optimize their crypto portfolios. Simultaneously with its launch, Polana kicked off the ICO/presale for its native token, POLAI, marking a potentially pivotal moment in DeFi history. Polana Labs is at the intersection of artificial intelligence (AI) and decentralized finance (DeFi). The platform integrates several AI-driven tools that provide traders better market analyses, predictions, and investment strategies. The platform's cutting-edge AI also enhances risk management. These features help users make better-informed decisions and maximize their portfolios' potential despite the market's renowned volatility. Polana stands apart from other DeFi platforms through its user-friendly approach, drastically reducing entry barriers for new users. Beginners and seasoned investors can rely on the platform for easy and smooth navigation, an intuitive dashboard, and seamless interaction with Polana’s AI tools. Polana prioritizes security to deliver all users a safe and transparent crypto experience. To this end, all the transactions and smart contracts executed via the platform are fully auditable on the blockchain. In fact, Polana has had its smart contract audited by Solidproof , one of the industry’s top auditors. Also, the POLAI token has been audited by Coinsult . POLAI is a DeFi token and the backbone of Polana Labs’ rapidly evolving ecosystem. The token leverages AI to improve and automate DeFi solutions for all traders, regardless of skills or experience. Holding POLAI tokens involves several perks and benefits, such as: Governance powers POLAI token holders have a say in the decision-making process that guides the platform’s development. Rewards POLAI token holders can access rewards by participating in liquidity pools, staking, and using the platform’s AI-powered tools. Transaction fees POLAI holders can save on transaction costs within the Polana ecosystem as the token will be used to pay transaction fees. The team has set a fixed supply of 1,000,000,000 POLAI tokens distributed as follows: Presale - 30% Staking rewards - 20% Liquidity pool - 15% Marketing & partnerships - 15% Development Fund and Community Rewards - 10% Team & Advisors - 10% The ICO/presale for the POLAI token will start on May 5. The presale countdown is live until then, but interested investors can still purchase the token before the countdown ends. This presale event is part of the first development phase in the Polana Labs roadmap. The project has three more phases planned to be completed in 2025 and another one for 2026 and beyond. Some of Polana Labs’ most ambitious goals include: Integrating AI-powered tools to help users make smarter investment decisions. Introducing staking rewards for POLAI token holders. Expanding AI models for more advanced trading strategies and automation. Releasing the Polana Labs mobile application. Growing the Polana community by expanding marketing efforts globally and forming new strategic partnerships. Exploring new AI-driven DeFi features like liquidity mining, yield farming, and more. Expanding the platform's reach by adding new blockchain networks for greater scalability. About Polana Labs Polana Labs is a new DeFi platform that aims to revolutionize decentralized finance via innovative AI-powered solutions. The platform's user-centric approach is visible in its ease of use and automated strategies, which help new and expert traders make smarter investments. Ultimately, Polana Labs is contributing to a safer and more transparent DeFi future through its use of unparalleled security standards . Join the $POLAI token presale here . For ongoing updates and community engagement, follow Polana Labs on its website , X (formerly Twitter) , and Telegram . 

DelNorte Partners with Brazilian Government to Launch Landmark Data Tokenization Project and Release DTV Token

By press release • April 30, 2025
Miami, FL. In a transformative step toward modernizing public data management, DelNorte has partnered with the government of Brazil to launch a pioneering data tokenization program in Rondônia . This initiative marks the official debut of the DTV Token , the core digital asset powering DelNorte’s Terra Vision ecosystem — a blockchain-based CRM platform with full government endorsement for digitizing, tokenizing, and securing all government data and transactions. With deployments already active in Mexico , Honduras , and El Salvador , DelNorte is the only tokenization customer relationship management platform operating across four Latin American nations, supported by blockchain networks like Ethereum, NEAR, Polygon, and Partisia, and backed by collaborators including Coldwell Banker, Novotel, Valkary, and Farcana. “This is real, working technology addressing trillion-dollar challenges,” says Anton Glotser, Co- Founder & CEO . “We’re not just imagining a future of secure, automated government data — we’re building it, hand-in-hand with governments ready for change.” The Vision: Automating and Securing All Government Data. DelNorte’s mission is to digitize and tokenize all government data — from land titles to IDs , licenses , and public records — with a long-term goal of automating and securing every government transaction on the blockchain. By leveraging AI and blockchain, DelNorte’s Terra Vision platform ensures transparency, efficiency, and tamper-proof security, transforming how governments and citizens interact with critical data. This initiative empowers economic inclusion by turning undocumented assets and identities into verifiable, active capital. The Founders Driving Change: Anton Glotser , a serial entrepreneur with over 20 ventures, is the visionary behind Terra Vision. His focus is on creating infrastructure that revolutionizes government data management and unlocks economic opportunities for billions. Jud Ireland , Co-Founder, brings expertise in real estate and a passion for solving global challenges. “Over 70% of critical assets, like land, lack formal documentation,” Ireland explains. “We’re changing that by digitizing and securing all government data, creating pathways to economic empowerment.” What Is the DTV Token? The DTV Token is the utility backbone of the Terra Vision platform, enabling: • Secure payments for access to digitized government records Staking to enhance network security Governance participation in platform evolution Access to a digital government service hub (e.g., smart contracts for IDs, licenses, deeds, and more) Key Details: Token Launch: April 30, 2025 Where to Buy: Multiple launchpads — see pinned post at x.com/delnorte_io Also Listed On: MEXC Use Cases: Identity verification, secure data transfers, staking, governance, and access to certified digital records In a transformative step toward modernizing public data management, DelNorte has partnered with the government of Brazil to launch a pioneering data tokenization program in Rondônia. This initiative marks the official debut of the DTV Token, the core digital asset powering DelNorte’s Terra Vision ecosystem — a blockchain-based CRM platform with full government endorsement for digitizing, tokenizing, and securing all government data and transactions. The DTV Token will be available through multiple launchpads (details in the pinned post at x.com/delnorte_io) and is officially listed on MEXC, making it accessible to a global audience ready to participate in a new era of trusted digital infrastructure. Global Expansion: With Brazil now onboard, DelNorte is scaling its government-backed programs across Colombia, Costa Rica, Panama, Argentina, Ireland, Guatemala, Cyprus, the Philippines, and beyond. Each partnership advances the shift toward secure, digitized, and automated public data systems. About DelNorte: DelNorte is a blockchain infrastructure company dedicated to closing legal, economic, and technological gaps worldwide. Founded by Anton Glotser and Jud Ireland, DelNorte builds certified systems to securely digitize and tokenize government data, enabling billions to participate in the global economy. Learn More & Join the Movement:  Website: https://delnorte.io Linktree: linktr.ee/DTVT X: @delnorte_io | Telegram: t.me/Delnorte_io | Demo: demo.delnorte.io • Press Contact: Rocio Botero | info@latinolive.net

Choosing the Right Bitcoin Mining App

By press release • April 28, 2025
Bitcoin has grown from a fringe technological curiosity into a major financial asset, and at the heart of its ecosystem lies one of its most powerful mechanisms: mining. But while mining was once the domain of tech-savvy enthusiasts with custom-built rigs, it has now become increasingly accessible to anyone with a smartphone. For those wondering how to mine Bitcoin or is mining bitcoin profitable in today’s world, the answer might just lie in the palm of their hands. How Bitcoin Mining Works Bitcoin mining is the process by which new bitcoins are entered into circulation and transactions are verified and added to the blockchain. Miners solve complex cryptographic puzzles to validate blocks of transactions. The first one to solve it gets rewarded with newly minted Bitcoins and transaction fees. This system ensures network security and maintains the decentralized nature of Bitcoin. In the past, mining required expensive hardware (like ASICs), constant energy consumption, and deep technical know-how. But recent innovations have given rise to mobile-friendly methods that offer alternative ways to participate in the mining ecosystem. Methods of Bitcoin Mining via Mobile Apps Cloud Mining: This method allows users to rent mining hardware hosted in remote data centers. Users lease a portion of mining power (hash rate) and earn a share of the mined Bitcoin. Many cloud mining platforms offer apps to monitor earnings. However, some cloud mining services have been criticized for a lack of transparency and reliability. Mobile Mining: These apps claim to mine Bitcoin directly from your phone by using its CPU or GPU. However, due to limited processing power, energy inefficiency, and wear on devices, mobile mining is generally inefficient and mostly unprofitable. Many apps in this category are more simulations than real mining tools. Digital Mining: A more advanced alternative, digital mining involves owning hash power tied to real-world mining hardware, without ever having to manage physical equipment. Through platforms like GoMining, users buy digital miners via mobile apps and earn daily Bitcoin rewards based on their virtual miner's hash power. This approach bridges real mining infrastructure with digital convenience. How to Choose a Bitcoin Mining App Selecting the best Bitcoin mining app requires careful research. Here are some key things to consider: Transparency: Make sure the bitcoin mining app provides clear information about how it works, what kind of rewards you can expect, and how mining is executed. Legitimacy: Check for user reviews, community feedback, and platform transparency. If an app promises sky-high returns with no effort, it might be a scam. Ease of Use: A good crypto mining app should be user-friendly, with intuitive navigation and helpful features such as dashboards, tutorials, and support. It’s a plus, if the app is easy for newcomers. Performance Tools: Features like a built-in crypto mining calculator help users estimate potential rewards based on input variables like hash power and token holdings. Cross-Platform Compatibility: Look for apps that work across multiple devices, including a Bitcoin mining app for Android and other mobile platforms. Ecosystem Support: Some apps go beyond mining, offering gamified tasks, referral bonuses, or access to early crypto project launches. What to Avoid Unrealistic Promises: If it sounds too good to be true, it probably is. Avoid apps guaranteeing huge returns in short periods. Poor Reviews or Lack of Information: A quick search should reveal whether the app is legitimate or has issues. Fake Mining Games: Many apps posing as " mining games " only simulate mining activity without any real payouts. Lack of Contact Info or Support: A legit app should have accessible customer service and a traceable company behind it. GoMining: A Hybrid Platform with Real Mining Power One of the most talked-about platforms in the digital mining space is GoMining. Designed to simplify access to real Bitcoin mining, GoMining lets users buy digital miners linked to physical mining hardware in professional data centers. Unlike typical cloud services, GoMining provides full transparency and offers real-time mining rewards, tracked directly in the app. It's not just a bitcoin mining app, it's a fully-fledged crypto mining ecosystem that includes: A user-friendly interface is available as an app for both Android and iOS, and as a desktop version. Tools like a calculator and the dashboard are used to estimate your earnings. Additionally, there are options to upgrade your miners and interact with your farm within the app. The GOMINING token is the native token of the ecosystem. It fulfills several purposes, among which is the option to pay for maintenance with a discount of up to 20%. The GOMINING token can also be used to gain access to voting and locked presales of Bitcoin projects on the launchpad. Giveaways, airdrops, and other perks help to enhance earning potential. Two mining modes include Solo mining and Miner Wars, a clan-based game. Whether you're a beginner or an experienced user, GoMining simplifies the process while maintaining real earning opportunities. It's widely discussed in positive GoMining app reviews and seen as one of the best Bitcoin mining app options available. Final Thoughts So, is Bitcoin mining profitable in 2025? The answer depends on your approach. Traditional methods may no longer be accessible to everyday users, but new technologies and platforms like GoMining offer modern, user-friendly alternatives. With the right research and a smart strategy, mining Bitcoin via apps can still be profitable, especially when using platforms designed for transparency, scalability, and long-term growth. If you're exploring Bitcoin mining apps , look for legitimacy, user trust, and real-world connections to mining infrastructure. Digital mining through trusted platforms offers a fresh way to participate in the Bitcoin economy, one that doesn’t require cables, coding, or constant maintenance. As the industry evolves, the tools we use must evolve too. Choosing the right app could make all the difference between a missed opportunity and a new stream of crypto income. The main thing to remember is that every user should do thorough research before committing to one app. There’s a reason DYOR (do your own research) is the motto of the most successful crypto traders and experts. 
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