Bifrost’s Total Value Locked (TVL) reached $63,551,911 this month.
Among all products, vBNC delivered a standout performance, with a total minting volume (TVS) of 14,842,924 vBNC and over $1.36M in TVL — marking a 63% month-over-month growth.
To date, Bifrost has bought back 1,102,067 BNC and burned 123,109.13 BNC, with an average lock time of 442 days.
View bbBNC dashboard
Full guide: How to liquid stake MANTA
How to participate this event:DeFi Singularity Tutorial
Nov 1 — Launch of Tokenomics 2.0: bbBNC (Buy Back BNC)
Bifrost officially launched Tokenomics 2.0, introducing bbBNC — the revenue-sharing lock certificate for BNC. Under this model, 100% of protocol profits are used to buy back BNC, with 10% burned and 90% distributed to bbBNC holders.
Nov 4 — bbBNC Twitter Space
Bifrost hosted a dedicated Twitter Space to walk through bbBNC’s utilities, reward mechanics, and the structure of the new economic model.
Nov 4 — Scored 38/40 on Blockworks Token Transparency Framework
Bifrost achieved an impressive 38 out of 40, demonstrating industry-leading transparency across revenue disclosure, governance, treasury structure, and tokenholder alignment.
Nov 14 — People Chain Incentive Deep Dive
Bifrost Co-Founder Lurpis joined PolkaWorld’s livestream to unpack the design and value behind the “People Chain” activation campaign.
Nov 15–20 — Bifrost at Sub0, Buenos Aires
Bifrost Dev Rel Victor attended Polkadot’s Sub0 conference in Buenos Aires and delivered a talk titled “Yield Fusion: Bifrost’s Strategy for Yield Aggregation.”
See the highlights here
