Question 1

What is BFC?

Accepted Answer

BFC is the network token of Bifrost Network, used for staking and validator support in delegated proof-of-stake (DPoS) consensus. Its core role in this context is to link token staking relationships with network participation weight: validators participate in block production based on the BFC support they receive, while holders can also support validators through delegated staking. BFC should not be confused with tokens of other projects in the ecosystem that share the same name.

Question 2

How does staking work on Bifrost Network?

Accepted Answer

Bifrost Network uses DPoS. Validators undertake consensus duties such as block production; BFC holders can delegate their stake to validators, providing support and voting weight. The support a validator receives affects whether it becomes an active validator and participates in network consensus. In other words, delegators do not need to run validator nodes themselves, but their staking choices affect which validators obtain consensus participation slots.

Question 3

What do validators and delegators each do in consensus?

Accepted Answer

Validators are responsible for block production in network consensus; delegators support validators by staking BFC. Support is not merely a one-time endorsement: DPoS uses staking-derived voting weight to determine which validators are active, so validators' technical operations and delegators' staking choices together affect who participates in network consensus. Before choosing a delegatee, holders should understand that its operational performance may be related to staking outcomes.

Question 4

Why can staking BFC involve both rewards and slashing?

Accepted Answer

The consensus documentation states that staking participation involves reward and slashing mechanisms. Rewards correspond to arrangements for participating in network consensus; slashing means that validators or participants associated with their staking support cannot regard staking as unconditional income. Together, they create incentives: the network expects validators to perform their duties continuously and correctly, rather than automatically receive returns simply for holding BFC. The specific applicable conditions and outcomes should be subject to the rules of the network at the time and the terms displayed in the staking interface.

Question 5

Do BFC holders automatically receive staking rewards?

Accepted Answer

They should not be treated as equivalent. Staking BFC is a way to participate in or support network consensus, and both rewards and slashing are related to that mechanism; outcomes are affected by factors such as whether a validator becomes an active participant and how it performs its duties. Staking should therefore be viewed as participation involving network rules and operational risks, rather than as a deposit product that promises fixed returns.

Question 6

How does the whitepaper describe BFC's issuance design?

Accepted Answer

The historical whitepaper describes BFC as the platform's unified token and proposes a design with no subsequent mining after the initial issuance. This statement is a historical plan from that version of the whitepaper and cannot replace confirmation of the current network's supply, allocation, or circulating supply; in particular, the existence of DPoS rewards does not establish that rewards are currently generated through new minting. The current supply mechanism should be determined according to the official rules applicable to the current network.

Bifrost (BFC) Price