Bifrost Achieves 38/40 in Token Transparency Audit

We’re proud to announce that Bifrost scored 38/40 in the Blockworks Token Transparency Framework audit, demonstrating our commitment to accountability and community trust.

What This Means

The TTF audit evaluates projects across four dimensions: project governance, token economics, market structure, and financial disclosure. Our 38/40 score places us among the most transparent protocols in DeFi.

Perfect Scores: Where We Excel

Project & Team (10/10)

• Fully disclosed revenue model: 10% staking commissions, 0.1% unstaking fees, protocol transaction fees, and swap fees
• Founders publicly identified with verifiable profiles
• Zero dividend policy: All protocol revenue flows to BNC token holders, not equity holders
• All decisions require on-chain governance approval

Token Supply & Allocation (18/18)

• Fixed 80M BNC supply with zero inflation—never to increase
• No future token launches planned
• All vesting schedules transparent and on-chain verifiable
• Public wallets: Treasury (5.27%), Team Reserve (9.41%), Foundation (2.47%)

Market Structure (7/7)

• Full disclosure of market maker partnerships (CLS Global, DWF Labs, Match Flow)
• Complete fundraising history with clear terms
• Commitment to disclose related-party transactions within 30 days

Room for Growth

Financial Disclosure (3/5)

While we publish monthly reports, real-time dashboards, and all fees via DeFi Llama, we’re working to enhance our quarterly reporting structure.

Why This Matters

Our 38/40 score reflects a simple principle: crypto projects should operate with the same accountability as traditional finance, but with blockchain transparency.

For BNC holders, this means:

• 100% revenue participation through governance
• No dilution from future token issuances
• Complete visibility into leadership and compensation
• Real voting power over protocol decisions
• Every transaction traceable on-chain

Transparency isn’t a one-time achievement—it’s an ongoing commitment. We’ll continue maintaining these standards and working toward a perfect score.