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

Bifrost Polkadot

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 Kusama  Bifrost Kusama
Tokens:  BNC  
Status
Announced
 Testing
Parathread on Polkadot
Parathread
In Auction on Polkadot
Auction
polkadot
Polkadot
April 10, 2024
February 13, 2026
~662 days remained
Auction 18: WINNER
Leasing: June 4, 2022 - April 10, 2024
Crowdloan ID: 2030-37 
Funds Raised: 403 658 DOT ($2 999 180)
Leading Blocks:  100%
Project Auction Info:  crowdloan details 
Reward: 1 DOT : 10+ BNC
Crowdloan Cap: 1 000 001 DOT
Reward Pool: 3.6m of 80m (4.5%)
  • BNC rewards will be distributed linearly in each block (96 weeks)
  • 20% early bird bonus, 4/22 10am ~ 4/30 10am (UTC)
Show more auctions  
Auction 61: WINNER
Leasing: April 10, 2024 - February 13, 2026
Crowdloan ID: 3356-82 
Funds Raised: 34 735 DOT ($258 083)
Leading Blocks:  100%
Project Auction Info:  crowdloan details 
Reward: 1 DOT : 8 BNC
Crowdloan Cap: 300 000 DOT
  • Only the first 30 000 DOT contributed will be eligible for BNC rewards in this crowdloan
Developer Activity
If you have a connection to this project, kindly Contact Us to keep the details current
Primary Token:
Price:
$0.439
Total Supply:
80 000 000
Circulating Supply:
38 982 530
Market Cap:
$17 092 235
Trading Vol 24:
$239 509
Inflation:
0%
BNC Distribution
News
Feb 4, 2024 at 11:17 UTC
Bifrost is the DeFi and Staking service for PoS tokens, that include staking and liquidity both.
Last Bid: 34 422 DOT
Slot Acquisition: crowdloan
Rewards: 1 DOT : 8 BNC
Leading Blocks: 100%
Leasing Period: April 9, 2024 - February 13, 2026

Bifrost has won Polkadot Auction #61
Jan 2, 2024 at 12:46 UTC
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