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Bifrost announces a milestone where over 8 million BNC tokens—10.3% of the 80 million total supply—are locked as bbBNC, a non-transferable voucher for revenue sharing.
This locking represents 19.25% of the 45 million circulating supply, reducing sell pressure and aligning with Tokenomics 2.0's launch in early 2025 to incentivize long-term holding via 3-48 month commitments.
bbBNC holders earn yields up to 43% annually from protocol revenues and buybacks, fostering ecosystem growth in Polkadot's staking layer for stablecoins and RWAs.