Bifrost (BNC) Gets Listed on KuCoin!
30/03/2022 20:01:56
Dear KuCoin Users,
KuCoin is extremely proud to announce yet another great project coming to our trading platform. Bifrost (BNC) will be available on KuCoin. Supported trading pair is BNC/USDT.
Please take note of the following schedule:
- Deposits Effective Immediately (Supported Network: BNC Mainnet)
- Trading: 10:00 on March 31, 2022 (UTC)
- Withdrawal: 10:00 on April 2, 2022 (UTC)
Tags: Web3.0, Liquid Stake, StakeFi
Project Summary
| Total Supply | Market Cap | Issue Date | Consensus Protocol |
| 80,000,000 BNC | $7,603,240 | 2021-10-21 | - |
| Circulating Supply | 24hr Volume | Issue Price | Cryptographic Algorithm |
| 11,939,000 BNC | $634,450 | $0.5 | SR25519 |
* The key metric numbers are calculated as at March 30, 2022
Bifrost is a web3 derivatives protocol that provides decentralized cross-chain liquidity for staked assets. By leveraging on the cross-consensus message (XCM) it can provide cross-chain liquid staking services for multiple chains.
Bifrost’s mission is to provide standardized cross-chain interest-bearing derivatives for Polkadot relay chains, parachains, and heterogeneous chains bridged with Polkadot. Furthermore, by aggregating over 80% of PoS consensus chains’ staking liquidity through cross-chain derivatives, lowers users' staking threshold, increases multi-chain staking ratio, and improves the application of the ecosystem interest base, by creating a three-way positive cycle for the StakeFi ecosystem by empowering users, multi-chains, and ecosystem applications.
Official Website: https://bifrost.finance
Whitepaper: Click to view
Twitter: https://twitter.com/bifrost_finance
Risk Warning: Investing in cryptocurrency is akin to being a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. KuCoin attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. KuCoin is not liable for investment gains or losses.
Regards,
The KuCoin Team
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