Bifrost

Bifrost

Polkadot liquid staking protocol providing vTokens for cross-chain staking derivatives

Launch Year
2020
Consensus
Nominated Proof of Stake
Max Supply
80,000,000 BNC
Block Time
~12 seconds
BNC
BNC
Bifrost
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Bifrost Price Chart

BNC / USD
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About Bifrost

Bifrost is a liquid staking protocol native to the Polkadot ecosystem that issues vTokens (voucher tokens) representing staked assets. When users stake DOT through Bifrost, they receive vDOT — a liquid token usable in DeFi while earning staking rewards. Bifrost supports liquid staking for DOT, KSM, ETH, BNB, MOVR, GLMR, and other assets across chains. The protocol uses SLP (Staking Liquidity Protocol) to automatically allocate staked assets to optimal validators, maximizing staking yields. BNC is the native governance and utility token of the Bifrost ecosystem, used for governance, paying protocol fees, and as liquidity incentives. Bifrost's cross-chain liquid staking serves both Polkadot parachains and external networks via bridges.

History

2020
Bifrost founded; vToken liquid staking concept for Polkadot ecosystem introduced.
2021
Bifrost wins Kusama parachain slot; vKSM liquid staking launches.
2022
Bifrost wins Polkadot parachain slot; vDOT launches; cross-chain liquid staking expands.
2023
vETH on Ethereum launches; vBNB on BNB Chain adds cross-chain liquid staking.

How to Swap BNC

Swapping Bifrost (BNC) on SyntheticSwap requires no registration or KYC. BNC is a Polkadot ecosystem token, supported by Polkadot.js extension, Talisman, SubWallet, and Ledger. Open SyntheticSwap, select BNC as your source or destination asset, provide your receiving wallet address, and confirm the floating rate. After sending BNC to the deposit address, the destination asset is automatically delivered to your wallet once the transaction is confirmed.

How to Store BNC

Store BNC in the Bifrost app wallet, Polkadot.js extension, SubWallet, or Talisman wallet with parachain support.

Frequently Asked Questions