Following the adoption of token buyback strategies by leading DeFi protocols such as Sky, Uniswap, and AAVE, the “Buyback” model has rapidly emerged as a major trend in the next generation of protocol revenue frameworks.
As the leading liquid staking protocol in the Polkadot ecosystem, Bifrost has generated over $1.37 million in protocol revenue over the past 12 months.
On November 1st, Bifrost officially launched bbBNC, marking a bold step into this transformation and introducing a new profit-sharing economic model — one that allows all participants to share in the protocol’s growth and success.
bbBNC: The Core of Tokenomics 2.0
bbBNC is the bridge connecting users with the protocol’s profits. The heart of this new tokenomics is the mechanism of locking vBNC (the liquid staking token of BNC) into bbBNC.
The longer and larger the amount of vBNC locked, the greater the share of protocol revenue a user can earn.
This mechanism grants BNC real “earning rights” and creates a self-reinforcing, positive-sum ecosystem flywheel.
bbBNC Riders Campaign is Now Live
To help users better understand and participate in the new tokenomics, Bifrost has launched an exciting campaign — bbBNC Riders.
By locking vBNC into bbBNC, users can not only share protocol revenue but also join the lucky draw to win WAVE points and vToken rewards.
Campaign Duration: November 1, 2025 – December 4, 2025
How to Join bbBNC Riders
- Lock BNC or vBNC to mint bbBNC. The minimum amount is 50 vBNC, with a minimum lock duration of 3 months.
- Hold bbBNC to earn lottery chances. Every 10 bbBNC grants 1 lottery entry. For every additional 10 bbBNC, one extra entry is added.
- There is no limit to the number of entries, and users can participate multiple times per day.
- Unlock special rewards through the SuperT Pool. Every time your total lottery count reaches a multiple of 100, you’ll qualify for the SuperT Prize Pool, which offers rarer and higher-value vToken rewards.
Note: All vToken rewards will be distributed in a week after the campaign ends.
👉 Join the campaign here
After the campaign ends, a channel will open for converting WAVE points into bbBNC, allowing users to continue sharing profits.
What is bbBNC
bbBNC is a Bifrost revenue-sharing representation voucher that enables holders to maximize their yield through $BNC buyback, yield of vBNC, protocol revenue and boosted farming.
Users first stake BNC to obtain vBNC, then lock vBNC to mint bbBNC. The more vBNC you lock and the longer the duration, the more bbBNC you receive. Once the lock period ends, bbBNC automatically unlocks back into vBNC.
Bifrost protocol revenue will be used to buy back BNC, with 90% of profits distributed to bbBNC holders.
The annualized yield of bbBNC depends on multiple factors — the amount and duration of locked vBNC, staking yield from vBNC, and overall protocol revenue.
You can view detailed bbBNC statistics on this page
Grow with Bifrost
The launch of bbBNC marks an important milestone in Bifrost’s roadmap.
With the “Buyback + Revenue-Sharing” mechanism now live, Bifrost is reshaping the relationship between protocols and users — toward a fairer, more sustainable model.
The bbBNC Riders event is more than a rewards campaign — it represents the first real practice of Bifrost’s new tokenomics. It’s a gateway for users to become stakeholders in the protocol, and the key to unlocking long-term yield potential.
If you’re looking for the next DeFi project with a real revenue model, sustainable growth logic, and a clear token value-capture path, now is the time to join the bbBNC Riders 👉 https://wave.bifrost.io/bbbnc