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Update parachains-apps.md (#5356)
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* Update parachains-apps.md

Update Bifrost infomation

* grammar check

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Co-authored-by: filippoweb3 <[email protected]>
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wodlj1314 and filippoweb3 authored Nov 15, 2023
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Discover more Astar dApps on
[Astar Portal](https://portal.astar.network/astar/dapp-staking/discover).

## Bifrost Finance

[Bifrost ](https://bifrost.finance/)is a dedicated liquid staking middle layer built on Substrate,
powered by Polkadot, providing non-custodial decentralized cross-chain liquid tokens for staked
assets. By leveraging Polkadot’s cross-consensus message format (XCM), Bifrost provides standardized
cross-chain liquid staking solutions for multiple chains currently Polkadot (vDOT), Kusama (vKSM),
Moonbeam (vGLMR), Moonriver (vMOVR) and other chains notably vASTR (Astar) and vFIL (Filecoin).

Through Bifrost Staking Liquidity Protocol
([SLP](https://bifrost-finance.medium.com/why-bifrost-slp-is-the-good-choice-for-decentralized-liquid-staking-ceb90091ef41)),
Bifost facilitates the issuance and deployment of liquid staked assets (“vTokens' '), allowing users
to earn staking rewards while retaining their governance rights and participating in DeFi, such as
liquidity provisioning on DEXs, providing collateral on lending/borrowing protocols and for
stablecoin issuance as well as restaking for securing decentralized solutions. Bifrost vTokens are
reward-bearing liquid staking tokens representing the users staked asset, including returns from
staking. As staking rewards are received, vTokens increase in value without changing the quantity of
tokens.

Bifrost aims to offer seamless staking and DeFi experience for Proof of Stake (PoS) users and enable
developers to build innovative applications around Bifrosts’ liquid staking tokens.

### Bifrost dApp

Bifrost recent development of
[SLPx](https://bifrost-finance.medium.com/slpx-pallet-a-further-step-into-the-omni-chain-liquid-staking-68cb4d99c82f),
is an extension pallet to Bifrost SLP that will allow users to invoke SLP's functionality on a
remote chain without crossing assets into the Bifrost chain, allowing users to mint, redeem, swap
vTokens remotely on the target chain. Leveraging this, developers can use and build innovative
solutions around chain abstraction and solving liquidity and user fragmentation challenges.

- [Omni LS](https://omni.ls/)

[Omni LS DApp](https://bifrost-finance.medium.com/omni-ls-dapp-the-easiest-fastest-and-most-secure-way-to-access-bifrost-liquid-staking-tokens-21ee080b03cd)
is a front-end application that supports remote minting and redemption of Bifrost liquid staking
tokens (LST) “vTokens”, as well as remote exchange, and swapping of vTokens from any chain. The DApp
aims to simplify the cross-chain experience by providing a seamless interface for users to interact
with vTokens across different chains natively.

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