What is Bifrost (BNC)

Start learning about what is Bifrost through guides, tokenomics, trading information, and more.
Bifrost is an scalable, non-custodial decentralized cross-chain liquidity staking specialized parachain (Omnichain LSD Layer1) built on Polkadot, currently supporting liquidity derivatives on over 9+ blockchains. Bifrost's mission is to aggregate staking liquidity from over 80% of PoS consensus chains through cross-chain derivatives, providing standardized cross-chain interest-bearing derivatives for Polkadot relay chain, parachains, and heterogeneous public chains bridged with Polkadot, reducing the user's staking threshold, improving the proportion of multi-chain staking, increasing the underlying returns of ecological applications, and building a StakeFi ecosystem of user, multi-chain, and ecological application tripartite empowerment and positive feedback loop. Bifrost has received several million dollars in financial support from institutions such as NGC, SNZ, DFG, CMS, and grants from the Web3 Foundation, and is also a member of the Substrate Builders Program and Web3 Bootcamp.
Tokenomics describes the economic model of Bifrost (BNC), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
Bifrost TokenomicsPro Tip: Understanding BNC's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for BNC aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of BNC? Check it out now!
Bifrost Price PredictionThe information on this page regarding Bifrost (BNC) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
Amount
1 BNC = -- USD
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