Bifrost Price in USD Today, Live Market & Historical Trend Chart

Q: What is BNC and what role does it play in Bifrost?

BNC is Bifrost’s native token and also its governance token. It is associated in the protocol with transaction fees, treasury spending, liquidity incentives, and on-chain governance, so it should not be understood merely as a staking receipt or in-app points. These uses correspond to different components: transaction fees relate to the cost for users to use the network, treasury spending is determined through governance as to how funds are used, liquidity incentives are used to incentivize relevant participation, and governance enables holders to participate in decisions on protocol rules and funding matters.

Q: What is BNC’s total supply?

Bifrost materials state that BNC has a total supply of 80 million tokens. Total supply is a measure under the token’s quantity rules; it is not equivalent to the quantity tradable at any given time, the balance of a particular address, or the amount participating in governance. When assessing holding- or trading-related information, total supply, address holdings, and the quantity available in the market must also be distinguished; these concepts cannot substitute for one another merely because they are all measured in BNC.

Q: How does holding BNC enable participation in governance?

BNC holders can participate in Bifrost’s on-chain governance. Governance is not a yield distribution that automatically occurs because of token ownership; it is a decision-making mechanism comprising proposals, voting, and execution by the relevant governance modules. Through this path, holders can express their choices on protocol governance matters; treasury-related spending is also a use associated with BNC under the governance framework. Specific proposal conditions, voting outcomes, and execution content depend on the governance process at the time, rather than being guaranteed in advance by the token name itself.

Q: What is the difference between BNC, vBNC, and bbBNC?

BNC, vBNC, and bbBNC are not different spellings of the same asset. BNC is Bifrost’s native governance token; vBNC and bbBNC, respectively, are generated through liquid staking or locking processes involving BNC and are different forms of receipt. Therefore, when checking balances, participating in a process, or understanding rights, users should first confirm which one they hold: native BNC corresponds to its native uses, while vBNC and bbBNC generated by specific processes must be understood according to their respective mechanisms and should not be regarded as unconditionally interchangeable merely because their names are similar.

Rank 3105

$0.009369

+$0.000000(0.00%)

Market Cap

$350.37K

24h High

$0.009382

24h Low

$0.009200

24h Turnover

$731.40

Total Supply

80.00M

Market Sentiment

Neutral

Price of Bifrost (BNC) Today in USD

View Bifrost (BNC) Price Prediction

The live price of Bifrost (BNC) today is $0.009369, with a 24h change of 0.00%. Over the same period, the low was $0.009200, the high was $0.009382, and the 24h trading volume was $731.40. The current market cap is approximately $350.37K. It ranks #3105 by market cap and accounts for 0.00% of the total crypto market cap. The all-time high was $6.140000 (⁦2021-11-03⁩); the current price is -99.85% from the all-time high.

Bifrost (BNC) Price History

7 Days
+4.90%
Low
$0.008672
High
$0.009951
30 Days
-0.76%
Low
$0.008549
High
$0.013782
90 Days
-37.38%
Low
$0.008549
High
$0.016624
1 Year
-90.05%
Low
$0.008549
High
$0.104990

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 28; Fear
Last Week: 30; Fear
Last Month: 64; Greed

The Fear & Greed Index is currently 25/100, in the Fear zone; change from yesterday: -3, from last week: -5, and from last month: -39. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

About Bifrost (BNC)

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.

Use Cases and Features

BNC is Bifrost's native governance token. It can be used to pay network transaction fees, participate in treasury-related spending, and provide liquidity incentives. Bifrost provides liquid staking across multiple chains, and BNC holders can vote on protocol matters through on-chain governance.

Supply and Issuance Mechanism

BNC has a total supply of 80 million tokens and is Bifrost's native token. BNC can be liquid staked to obtain vBNC, while locking vBNC produces bbBNC; these receipts are not the same asset as BNC itself.

Margin

USDT

Startup

Liquid Staking Governance Tokens

Derivatives

Polkadot Ecosystem

Yield Farming

DeFi

Lending/Borrowing Protocols

Website

Explorers

How to Buy and Use Bifrost (BNC)

How to Buy

Buy in just four steps (Log in -> Verify -> Purchase -> Receive crypto)

Verify

Trade

Receive Assets

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Simple Earn

Est.30-Day APR

0.1%

Bifrost (BNC) Basics & Market Insights

Fundamentals

What is BNC4: How 4Stock Brings CEA Industries OnchainBeginner

Bifrost: The Liquid Staking Standard for Any ChainAdvanced

First sale of coins, delisting, coin stocks are no longer the Pixiu of cryptocurrencyIntermediate

Frequently Asked Questions About Bifrost (BNC)

What is BNC and what role does it play in Bifrost?

What is BNC’s total supply?

How does holding BNC enable participation in governance?

What is the difference between BNC, vBNC, and bbBNC?

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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