Polkadot & Kusama ecosystem projects directory
Polkadot & Kusama ecosystem projects directory

Bifrost Finance

Add to Watchlist

Bifrost developed a Staking Liquidity Protocol called SLP that allows you to get vTokens for operations and delivering liquidity, plus you got staking rewards for your DOT, KSM, EOS or other token that is otherwise locked by the Staking Mechanism. You get reward from the Day 1 of nomination, without locking periods and can change your, for example, vKSM for KSM any time. BNC is the native token of Bifrost. vToken can optimize transactions in multiple scenarios such as DeFi, Dapp, DEX, etc. When vToken is used as a collateral for lending, its staking income can offset part of the interest and realize low-interest borrowing. With vToken you can hedge the risk of locked positions, DeFi & Staking double rewards and leverage Staking and other application scenarios.

Bifrost also developed a Slot Auction Liquidity Protocol to release Liquidity for Crowdloan Contributions, called SALP. It is a protocol to release liquidity from locked DOT/KSM positions in parachain auctions by issuing derivative assets anchored to locked assets. For crowdloan participants, SALP offers the opportunity to participate in Crowdloans without lockup, and to receive the reward of bidding on backed projects without losing staked DOT/KSM liquidity.

The Bifrost Mainnet will migrate from Kusama to Polkadot and there will only be one Bifrost Token BNC.

Tokens:  BNC  
W3F Grants:
In Auction On Kusama
 Has mainnet  
Auctions & Crowdloans
Auction 5: WINNER
Slot #6: leasing July 20th, 2021 - May 13th, 2022
Project auction info:  auction details 
Funds raised: 136 818 KSM ($53 807 702)
Contributions: 938
Reward: 1 KSM : 22+ BNC
Reward pool: 10.8m of 80m (13.5%)
50% of the parachain rewards will be released immediately
50% will be released linearly within 48 weeks
Developer Activity
Are you project representative? Contact Us to update info
Primary Token:
Total Supply:
80 000 000
Trading Vol 24:
$4 461 627
Crowdloan Reward Pool:
10 800 000 (13.5% of Total Supply)
Sep 12, 2021 at 10:17 UTC
In the previous Runtime upgrades, Bifrost used Sudo (super administrator privileges) to complete centralized governance upgrades. In this v0.8.5 version upgrade, Bifrost opened a democratic referendum for the first time to remove Sudo (super administrator privileges). All BNC holders can participate in this vote and vote on your attitude.
Sep 8, 2021 at 12:31 UTC
Aug 20, 2021 at 11:34 UTC
Jul 12, 2021 at 06:31 UTC
Jul 6, 2021 at 09:02 UTC
Jul 2, 2021 at 11:57 UTC
Jun 24, 2021 at 12:38 UTC
Jun 24, 2021 at 07:12 UTC
Jun 18, 2021 at 07:48 UTC
Jun 11, 2021 at 06:55 UTC
Apr 27, 2021 at 08:53 UTC
Apr 22, 2021 at 03:46 UTC
Apr 19, 2021 at 08:58 UTC
Apr 19, 2021 at 08:58 UTC
Apr 19, 2021 at 06:10 UTC
Apr 7, 2021 at 04:49 UTC
Mar 31, 2021 at 05:18 UTC