vBNC characteristics

• Min. staking = 0.5 BNC
• vBNC unstaking period: 0~7 days (flexible)
• OpenGov: Yes
• Used bridges: native
• Ledger support: Yes (See the Ledger support announcement)
• Reward fee: 10% (applies to rewards only)
• Unstake fee: 0.1% (applies to unstake amount)

Video tutorial

https://www.youtube.com/watch?v=ITpea0HBAc4

Get BNC on Bifrost

Before minting and using vBNC you first need to hold BNC in the Bifrost network. Prepare BNC on your wallet address:

• Purchase BNC on CEX or DEX
• Buy BNC with credit card with fiat on-ramp solutions (i.e Banxa)
• Withdraw from other ecosystem parachains (Hydration, Moonbeam, Astar, Interlay...)

1. Login to app.bifrost.io and confirm the network in the upper right corner is Polkadot

Polkadot network selected

1. From other parachains, Click "Cross chain" in the main navigation menu on the left to enter the cross chain function

Cross chain menu

1. Click on the "From" option and select the parachain (here Hydration)