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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<aside> ⚠️ vDOT liquid staking is in development and will be available soon.
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Explore apps and services using vDOT:
<aside> ⚠️ This is a LIVE document, continuously updated by the protocol teams, communities and ‣ contributors. Note that the information in this Notion board might be outdated or wrong. The contributors are not liable for any incorrect or incomplete information within this Notion board.
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