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

Bifrost Kusama


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.

Relative Project:   Bifrost Polkadot  Bifrost Polkadot
Tokens:  BNC  
W3F Grants:
In Auction On Kusama
 Has mainnet  
Last Crowdloan Details:
136 818 KSM ($11 149 282) raised
938 contributors
Project Auction Info:  auction details 
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
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Primary Token:
Total Supply:
80 000 000
Circulating Supply:
10 146 000
Market Cap:
$3 702 754
Trading Vol 24:
$419 309
Crowdloan Reward Pool:
10 800 000 (13.5% of Total Supply)
BNC Distribution
May 6, 2022 at 03:37 UTC
Apr 22, 2022 at 06:59 UTC
Apr 12, 2022 at 12:04 UTC
Apr 1, 2022 at 12:57 UTC
Mar 3, 2022 at 11:06 UTC
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