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

Bifrost Kusama

Bridge
DeFi
SmartContracts
Exchange

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  
Status
Announced
Testing
In Auction On Kusama
Auction
kusama
Kusama
 Has mainnet  
Auction 5: WINNER
Leasing: June 11, 2021 - May 15, 2022
Parathread ID: 2001 
Funds Raised: 136 818 KSM ($5 096 463)
Leading Blocks:  96.64%
Project Auction Info:  auction details 
Reward: 1 KSM : 22+ BNC
Crowdloan Cap: 1 000 000 KSM
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
Show more auctions  
Auction 34: WINNER
Leasing: May 15, 2022 - April 20, 2023
Parathread ID: 2001 
Last Bid: 7 000 KSM
Leading Blocks:  66.15%
Slot Acquisition: self-funded
Developer Activity
If you have a connection to this project, kindly Contact Us to keep the details current
Primary Token:
Price:
$0.48
Total Supply:
80 000 000
Circulating Supply:
20 382 189
Market Cap:
$9 791 947
Trading Vol 24:
$813 932
Inflation:
0%
Crowdloan Reward Pool:
10 800 000 (13.5% of Total Supply)
BNC Distribution
News
Dec 1, 2022 at 11:26 UTC
Nov 1, 2022 at 10:38 UTC
Sep 30, 2022 at 11:45 UTC
Sep 13, 2022 at 08:37 UTC
Aug 10, 2022 at 08:09 UTC
Jul 7, 2022 at 11:19 UTC
Jun 2, 2022 at 08:38 UTC
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