Bitfrost

Bitfrost

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Bifrost is the DeFi project for PoS tokens, that include staking and liquidity both. It allows to get vToken for operations and delivering liquidity, plus you got staking rewards all the time your DOT, KSM,EOS or other token blocked by the smart-contract. You get reward from the Day 1 of nomination, without locking periods and can change your, for example, vKSM for KSM any time.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Kraken
    BNC/USD 19 days ago
    $ 0.1260
    $ 3.915 K
    -
    -
  • Kraken
    BNC/EUR 19 days ago
    $ 0.1252
    $ 5.665 K
    -
    -
  • Hoo.com
    BNC/USDT 6 months ago
    $ 0.3379
    $ 67.246 K
    -5.94%
    -2.28%
  • Gate.io
    BNC/USDT 6 months ago
    $ 0.3650
    $ 95.084 K
    -
    -
  • MEXC Global
    BNC/USDT 6 months ago
    $ 0.3537
    $ 204.733 K
    -
    -
To be announced
Token Details
Ticker
BNC
Total supply
80,000,000
Additional Details
Categories
Platform

About Bitfrost

Bifrost is a cross-chain network which provides liquidity to bonding assets. It takes advantage from Staking as the early stage to provide liquidity in the form of Staking derivatives.

Bifrost is established on Polkadot network and developed by Substrate, the underlying layer is based on the WebAssembly, LIBP2P, and GRANDPA consensus. As a DeFi project in Polkadot ecosystem, Bifrost launches vToken (Staking Derivatives Voucher Token) which allows users to exchange PoS token to vToken and obtain liquidity and Staking rewards through Bifrost protocol at any time.

Bifrost has acquired Web3 Foundation Grant, it is also a member of Substrate Builders Program under Parity, one of fifteen core members of Web3 Bootcamp incubator that organized by Web3 Foundation and WanXiang Blockchain Lab, supported by Web3 Foundation and WanXiang Blockchain Lab on technology, products, capital, legal affairs, ecological cooperation and other comprehensive aspects.

Features

Transparent

All behaviors operate transparently on the parachain.

Governance

Business parameters can be adjusted through the democratic governance.

Cross-chain

Support to cross into other chains through polkadot relay.

Fully Backed

100% backed for staking, no risk of principal loss.

Fungible

No matter which validator you staking with, you will receive the vToken and rewards.

Unlimited

Compatible with centralized & decentralized settlement scenarios.

Bitfrost Roadmap

  • 2022 Q1

  • Launch Bifrost collator, enable BNC staking

    Cross-chain with Statemine

    Launch farming 2.0, support multi-asset staking

    Launch vsToken yield market

    Bifrost Grant Incubation Ecosytem Project

    Release Bifrost DAO Beta

    New slogan and website
  • 2022 Q2

  • SLP launches isomorphic chain derivatives vKSM, vMOVR, vBNC, vPHA

    Launch Kusama <> Polkadot cross-chain bridge

    Launch Substrate <> EVM cross-chain bridge, achieve Substrate and EVM asset intercommunication

    SALP Polkadot version removes multisig and achieves complete decentralization

    Launch SALP & SLP development kit

    Renew Kusama Parachain Slot

    Bidding Polkadot Parachain Slot

    Launch NFT modules and assets

    New Wiki Update
  • 2022 Q3

  • EVM & WASM Contract SDK

    SLP launches heterogeneous chain derivatives: vETH, vFIL, vSOL

    SLP launches isomorphic chain derivatives vDOT, vACA, vGLMR, vATSR
  • 2022 Q4

  • SLP launches heterogeneous chain derivatives vMATIC, vNEAR, vBNB

    Enable vToken lending function

    Enable vToken stablecoin minting function

    Open Council elections, switch from POA to NPOS
  • Read More

Activity

Followers:
79 951
VERY HIGH
Tweets:
1 745
VERY HIGH
30 Days Growth:
-553
Members:
10 547
VERY HIGH
30 Days Growth:
-822

Bitfrost Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Thibault Perréard
Head of Business Strategy
unverified

Bitfrost Last News

$ 0.0966
-1.61%
Crypto Stats
Daily, %:
-1.61%
Weekly, %:
15.90%
Monthly, %:
-23.59%
Market Info
Market Cap:
$ 1.622 M
Volume 24h:
$ 51.264 K
Circ. Supply:
16.775 M BNC
Ticker:
BNC
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