drewbilottaiia
@drewbilottaiia
Bifrost has launched a new economic model, with the bbBNC mechanism at its core. Users obtain vBNC by staking BNC, and further lock vBNC to obtain bbBNC. bbBNC holders enjoy governance rights, revenue distribution rights, as well as Staking revenue and Boost Farming incentives. 90% of Bifrost's protocol revenue will be distributed to bbBNC holders, and the remaining 10% will be destroyed, further reducing the circulation of BNC and driving up prices.
0 reply
0 recast
0 reaction