Bifrost Native Coin Logo

Bifrost Native Coin BNC

Bifrost Native Coin header image

1. Summary

Ranks

Liquidity
89
Developer
45
Social
90
Momentum (beta)
35
Stack Rankā„¢
34
Price
52W High price $0.80
52W High date 4th Mar 2024 (9 months ago)
All Time High (ATH) Date 3rd Nov 2021 (3 years ago)
ATH Price $6.14
% From ATH -96.95%
All Time Low (ATL) Date 14th Nov 2022 (2 years ago)
ATL Price $0.08
% From ATL 142.18%
Supply & Trading Volume
Trading Volume (24h) $742,820.00
Total Supply 80.00M
Max Supply 80.00M
Circulating Supply 38.20M
Description

Bifrost Native Coin (BNC)

Bifrost Native Coin (BNC)

Bifrost Native Coin (BNC) is the core token behind the Bifrost protocol. Coordination between governance token holders and protocol stakeholders is critical to successful decentralized governance, and BNC is the vehicle that facilitates this coordination. BNC or veBNC can be used to participate in Bifrost's OpenGov voting.

Token Distribution

The total supply of BNC is 80,000,000 with no inflation. The allocation has different proportions of vesting:

  • Ecosystem: 50% (40,000,000 BNC) locked for governance
  • Initial Dev Team: 20% (16,000,000 BNC) starting vesting at 6 months after TGE, linearly vested in 24 months
  • Seed Round I: 6% (4,800,000 BNC) vesting 25% at TGE, 75% linearly vested in 10 months
  • Seed Round II: 4% (3,200,000 BNC) vesting 25% at TGE, 75% linearly vested in 10 months
  • Strategic Round: 2% (1,600,000 BNC) vesting 30% at TGE, 70% linearly vested in 10 months
  • Private Round: 3% (2,400,000 BNC) vesting 30% at TGE, 70% linearly vested in 10 months
  • Marketing & Community Build: 3% (2,400,000 BNC) no locking
  • Mint Drop: 2% (1,600,000 BNC) no locking
  • Foundation: 10% (8,000,000 BNC) locked for governance

Features

  • Collator Incentive: 4,000,000 BNC were allocated for the Collator Incentive.
  • Slash Insurance Fund: 4,000,000 BNC were allocated for the Slash Insurance Fund.
  • Treasury: 8,000,000 BNC were allocated for the Treasury.
2. Price

BNC

2.1. Market Performance

How does Bifrost Native Coin's (BNC) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-14.4%

BNC

67.1%

Similar Market Cap

60 Day Return

-13.7%

BNC

-23.9%

Similar Market Cap

1 Year Return

-28.8%

BNC

-24.9%

Similar Market Cap

3. Developer Activity

We're monitoring 98 Bifrost Native Coin GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Bifrost Native Coin Repos)

Commits vs. The Market

  • Past 4 weeks: 1 commits vs. an average of 1
  • Past 12 weeks: 19 commits vs. an average of 7
  • Past year: 80 commits vs. an average of 104

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 1731
Past week 0
Past 12 weeks 100
Past year 1017
Past week 66
Past 12 weeks 171
Past year 700
Past week 0
Past 12 weeks 48
Past year 648
Past week 42
Past 12 weeks 116
Past year 501
Past week 47
Past 12 weeks 138
Past year 366

Top Developers 2024

In total, 606 developers have contributed to Bifrost Native Coin over the past year. Who are the most active Bifrost Native Coin developers, by commits, over the past year?

Related Projects

Developers working on Bifrost Native Coin also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 19,250
Active Discord Users 575
Telegram Users 1,808
Twitter followers 89,687
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://bifrost.finance/
Explorer https://bifrost.subscan.io/
Twitter @bifrost_finance
Forum https://forum.bifrost.finance/

What is the correct contract address for Bifrost Native Coin?

Polkadot

Has Bifrost Native Coin been audited for security?

No security audits found for this project.

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