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.

Related Project:   Bifrost Polkadot  Bifrost Polkadot
Tokens:  BNC  
Status
Announced
 Testing
Parathread on Kusama
Parathread
In Auction on Kusama
Auction
kusama
Kusama
August 23, 2023
July 27, 2024
~96 days remained
Auction 5: WINNER
Leasing: June 11, 2021 - May 15, 2022
Crowdloan ID: 2001-9 
Funds Raised: 136 818 KSM ($4 554 664)
Leading Blocks:  96.64%
Project Auction Info:  crowdloan 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 71: WINNER
Leasing: March 7, 2023 - February 7, 2024
Crowdloan ID: 2262-95 
Funds Raised: 2 781 KSM ($92 590)
Leading Blocks:  99.63%
Auction 34: WINNER
Leasing: May 15, 2022 - April 18, 2023
Parathread ID: 2001 
Last Bid: 11 371 KSM
Leading Blocks:  66.15%
Slot Acquisition: self-funded
Auction 100: WINNER
Leasing: August 23, 2023 - July 27, 2024
Parathread ID: 2001 
Last Bid: 1 KSM
Leading Blocks:  100%
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:
$0.44
Total Supply:
80 000 000
Circulating Supply:
38 982 530
Market Cap:
$17 129 573
Trading Vol 24:
$238 921
Inflation:
0%
BNC Distribution
News
Jan 2, 2024 at 12:46 UTC
Aug 29, 2023 at 04:17 UTC
Bifrost is the DeFi and Staking service for PoS tokens, that include staking and liquidity both.
Slot Acquisition: self-funded
Last Bid: 1 KSM
Leading Blocks: 100%
Leasing: August 23, 2023 - August 1, 2024
Bifrost has won Kusama Auction #100
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