Bifrost Native Coin BNC
1. Summary
- Price
-
$0.24 +2.0%
- Market Cap
- $9.19M (#1342)
- Supply
- 38.20M / 80.00M
- 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.
| Price | |
| 52W High price | $0.80 |
| 52W High date | 4th Mar 2024 (4 months ago) |
| All Time High (ATH) Date | 3rd Nov 2021 (2 years ago) |
| ATH Price | $6.14 |
| % From ATH | -93.54% |
| All Time Low (ATL) Date | 14th Nov 2022 (1 year ago) |
| ATL Price | $0.08 |
| % From ATL | 413.34% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $157,661.00 |
| Total Supply | 80.00M |
| Max Supply | 80.00M |
| Circulating Supply | 38.20M |
BNC
How does Bifrost Native Coin's (BNC) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-19.2%
BNC
-26.8%
Similar Market Cap
60 Day Return
-23.5%
BNC
-0.2%
Similar Market Cap
1 Year Return
105.6%
BNC
26.5%
Similar Market Cap
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 8
- Past year: 80 commits vs. an average of 117
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.
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 | 18,022 |
| Active Discord Users | 386 |
| Telegram Users | 6,750 |
| Twitter followers | 87,967 |
No recent news found.
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/ |
| @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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