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Bifrost BNC Logo
Bifrost BNC
$0.10183 1.22%
OG Score 0
Reviews 0
Bifrost BNC Logo

Bifrost BNC Price

$0.10183 1.22%
Low All Time High
$0.077236 $6.14

Introduction

Bifrost (BNC) revolutionizes DeFi by providing instant staking rewards, cross-chain liquidity, and transparent governance for PoS tokens on Polkadot. More

OG Score 0
Reviews 0
Market Cap $4.89M
Market Cap Rank # 2354

Token Stats

Fully Diluted Valuation $8.15M
24H Trading Volume $1.51M
24H Low / High $0.10 / $ 0.10
Circulating Supply 47.99 M
Total Supply 80.00 M
Max Supply 80.00 M

Info

Categories Decentralized Finance (DeFi) 10 more
Founder Lurpis Wang
Website bifrost.io Whitepaper 1 more
Socials 6 more
Explorer Bscscan 5 more

BNC/USD Price Chart

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$BNC Community Sentiment

OG Evaluation

OG Score

OG Score Rank #NA
Reviews 0
Gem Score N/A

OGAudit Coin Evaluation Metrics

Innovation 0 .00
Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
Security 0 .00
Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
Community 0 .00
Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
Tokenomics 0 .00
Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
Team 0 .00
Team Evaluates the experience,credibility of the founding and development team.
Roadmap 0 .00
Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

Bifrost $bnc User Reviews

What Crypto OGs are Saying About Bifrost

$bnc Markets

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About Bifrost $bnc

What is Bifrost (BNC)?

Bifrost (BNC) emerges as a groundbreaking decentralized finance (DeFi) project within the Polkadot ecosystem, designed to redefine liquidity and staking for proof-of-stake (PoS) tokens. The project introduces vTokens, such as vKSM and vDOT, allowing users to seamlessly convert their PoS assets into these Staking Derivatives Voucher Tokens. One notable feature is the elimination of nominating delays, enabling users to earn staking rewards from day one of nomination without any locking periods. BNC, the native token of Bifrost, plays a central role in this ecosystem, facilitating transactions, delivering liquidity, and unlocking various benefits for users.

Bifrost's unique value proposition lies in its ability to provide cross-chain liquidity for staked assets across over 80% of PoS networks. Leveraging the cross-consensus message (XCM), Bifrost's web3 derivatives protocol ensures decentralized cross-chain liquidity services, ultimately lowering staking thresholds and enhancing multi-chain staking ratios. The protocol's transparent and democratic governance model empowers users to regulate business parameters, fostering a vibrant StakeFi ecosystem. Notably, vTokens offer versatile applications, optimizing transactions in scenarios ranging from DeFi and decentralized applications (DApps) to both decentralized (DEXs) and centralized (CEXs) exchanges. With its commitment to high transparency, Bifrost positions itself as a key infrastructure for pledged assets, revolutionizing how users interact with liquidity and staking in the Polkadot ecosystem.

Founded by Lurpis Wang, Bifrost has secured significant funding from top-tier venture capital firms, including NGC, SNZ, DFG, CMS, and a Web3 Foundation Grant. Wang's vision, combined with a team of seasoned professionals, has propelled Bifrost to the forefront of the DeFi landscape. As a member of the Substrate Builders Program and the Web3 Bootcamp, Bifrost exemplifies the commitment to innovation and collaboration that defines the Polkadot ecosystem.

What is unique about Bifrost (BNC)?

Bifrost Native Token (BNC) stands out for enabling instant staking rewards and cross-chain liquidity, transforming PoS tokens like DOT and KSM into versatile vTokens.

Who are the founders of Bifrost (BNC)?

Bifrost Native Token (BNC) was founded by Lurpis Wang, a visionary with a background in technology, who assembled a dedicated team to launch the innovative DeFi project in 2019.

Who are the backers/investors of Bifrost (BNC)?

Bifrost Native Token (BNC) has garnered support from top-tier venture capital firms, including NGC, SNZ, DFG, CMS, and secured funding from the Web3 Foundation Grant.

Where can I buy Bifrost (BNC)?

You can buy Bifrost (BNC) on MEXC, Gate.io, Kraken, KuCoinAscendEX (BitMax) cryptocurrency exchanges.

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