Bifrost

The Technology

The BNC Token

The Crowdloan Reward

  • 2.25% of the total supply going to Kusama parachain crowdloaners (1,800,000 BNC)
  • BNC:KSM ratio (TBD, depends on winning bid)
  • Assumed 48 week long lease (they have not published their intended lease period)
  • KSM is locked but they mint vsKSM which can be used in their defi app effectively making your loan liquid.
  • BNC reward is released at the end of the lease once a loaner returns their vsKSM for their KSM back

Overall Evaluation

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Adam Steeber

Adam Steeber

My focus as a writer is non-fiction, though I do dabble in fiction. I want to create content that comes from the passion of my mind. I seek to illuminate truth.