Bifrost has opened its Tokenomics 2.0 (bbBNC) Proposal for Discussion.
It proposes using 100% of protocol profits for BNC buybacks, allocating 90% to bbBNC (buy-back BNC) holders and burning the remaining 10%.
bbBNC would be obtained by locking vBNC for a fixed duration and would be non-transferable until maturity.
bbBNC holders would share in protocol profits, receive staking rewards, have governance rights, and be eligible for boosted farming incentives.
