Bifrost has completed the mainnet Collator upgrade at 10am GMT on March 22, and has now launched Collator mainnet access and $BNC staking! See more collator and delegator parameters in Bifrost Wiki.

If you have a technical foundation, you are welcome to register for Collator directly and participate in the active Collator campaign. If you only want to participate in BNC Staking, please refer to the video below to understand the operation from swap to delegating :)

>>>> VIDEO TUROTIAL <<<<

According to the design of Bifrost’s economic model, the total volume of BNC is fixed without inflation and will be used for Collator incentive construction by reserving 5% of the total issue volume of BNC, and the number of incentives in the first year will be 800,000 BNC.

Collator will package the transactions on the Bifrost chain in a decentralized manner and conduct consensus with the Validator on the relay chain to realize the decentralization of the block collection link.

What is Bifrost

Bifrost is a Web 3.0 infrastructure that provides cross-chain liquid staking, providing decentralized, cross-chain liquid staking services for multiple chains through the Cross-Chain Communication Protocol (XCMP).

Bifrost’s mission is to provide standardized cross-chain interest-bearing derivatives for Polkadot relay chains, parachains, and heterogeneous public chains bridged with Polkadot by aggregating over 80% of PoS consensus chains’ staking liquidity through cross-chain derivatives, lowering users’ staking threshold, increasing multi-chain staking ratio, and improving ecological application revenue base, creating a positive cycle of StakeFi ecosystem with three-way empowerment of users, multi-chains, and ecological applications.

Bifrost has received millions of dollars of funding from NGC, SNZ, DFG, CMS and other institutions and Web3 Foundation Grant, and is also a member of Substrate Builder’s Program and Web3.0 Bootcamp.