IntroductionBifrost project is based on the substrate in the Polkadot ecosystem to provide liquidity for pledged assets. The built-on vTokenSwap (AMM trading pool) provides liquidity solutions for staking derivatives. At the same time, Bifrost is also one of the fourth batch of projects approved to connect to the Rococo V1 test slot.
TokenomicsInitial supply 80 million, which includes:
45％ ecosystem incentives
20% allocated to the team
10% allocated to foundation
10% the seed round
5% private sale
10% as a reserve
Ecosystem incentive part：
5% Kusama Parachain slot rental reward
30% Polkadot para chain slot rental reward
45% vToken mining incentives
10% Slash insurance fund
10% Collator (collector) node incentives
Circulation
Temporarily not yet circulating on the secondary market.
FundraisingIn September 2020, Bifrost received $600,000 in seed round. Investment institutions include NGC Ventures, SNZ Holding, Digital Renaissance, Consensus Lab, LongHash Ventures, DFG, Youbi Capital, Bitrise Capital, Nova Club, etc.
Practical value analysisSupply and demand analysis
Reasons for BNC asks：
1.vToken mining incentives
2.Collator reward
3.Slashinsurance funds
Reasons for BNC bids:
1.Cash out of parachain slot auction rewards
2.vToken mining rewards
3.The seed round and private equity investment institutions cash out
4.Possible cash out after the half-year lock-up period of the team ends
Read More
