# How about BIFROST?

By [CryptoBelka](https://paragraph.com/@cryptobelka) · 2022-12-16

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**Bifrost** is a middleware platform that allows developers to create decentralized applications **(DApps)** based on multiple protocols. **Bifrost** goes beyond a single blockchain and creates a new environment where developers can combine the best protocols.

About the project **BIFROST** was founded in 2017 by two professors and another founder with a strong background in finance and computer science, Dohyun Pak, Jonhyup Lee and Chanhyun Yu, with the goal of developing a multi-chain middleware platform that will allow developers to create decentralized applications **(DApps)** on top of multiple protocols. BIFROST has introduced a number of decentralized finance (DeFi) products including BiFi, BiFi X, ChainRunner, Biport and is now focusing on building a multi-chain ecosystem within our network using **BIFROST's** own multi-chain technology. The company recently raised $8.4 million after a $3.3 million Seed round in 2019 from some of South Korea's largest funds.

![](https://storage.googleapis.com/papyrus_images/d4c4815490a2a51a3226495959014ca9f9ae56fc5a9270084c55dede8588cfef.png)

The project is very actively developing and currently has many partners, such as:

Reef finance [https://medium.com/bifrost/bifrost-partners-bifrost-x-reef-finance-1fdd929c445](https://medium.com/bifrost/bifrost-partners-bifrost-x-reef-finance-1fdd929c445)

Sperax [https://medium.com/bifrost/bifrost-partners-bifrost-x-sperax-3d6ce2a5b4d2](https://medium.com/bifrost/bifrost-partners-bifrost-x-sperax-3d6ce2a5b4d2)

Plasma Pay [https://medium.com/bifrost/bifrost-partners-bifrost-x-plasmapay-1d13fcf63ced](https://medium.com/bifrost/bifrost-partners-bifrost-x-plasmapay-1d13fcf63ced)

Tokamak Network [https://medium.com/bifrost/bifrost-x-tokamak-network-partnership-announcement-966c1cc934](https://medium.com/bifrost/bifrost-x-tokamak-network-partnership-announcement-966c1cc934)

Ozys [https://medium.com/bifrost/bifrost-x-ozys-partnership-announcement-22a696453eee](https://medium.com/bifrost/bifrost-x-ozys-partnership-announcement-22a696453eee)

Pay Net [https://medium.com/bifrost/bifrost-x-paid-network-partnership-announcement-74c21e5d9d65](https://medium.com/bifrost/bifrost-x-paid-network-partnership-announcement-74c21e5d9d65)

Reality Magiq [https://medium.com/bifrost/bifrost-x-reality-magiq-partnership-announcement-a5d5256d4638](https://medium.com/bifrost/bifrost-x-reality-magiq-partnership-announcement-a5d5256d4638)

Binance custody [https://medium.com/bifrost/bfc-bifi-now-supported-on-binance-custody-1ce8091efb52](https://medium.com/bifrost/bfc-bifi-now-supported-on-binance-custody-1ce8091efb52)

![](https://storage.googleapis.com/papyrus_images/e7c267f92e8a1deddb3d5b1fe19f5f51218f50e6be5b7fa199b1508ea6749808.png)

The **Bifrost** ecosystem has several **DApps**

Biport [https://biport.io/#/](https://biport.io/#/) - multicurrency wallet

Bmall [https://bmall.store/](https://bmall.store/) - NFT marketplace

Chainrunner [https://q.chainrunner.io/](https://q.chainrunner.io/) - DeFi aggregator

![](https://storage.googleapis.com/papyrus_images/e458ae83feeebc8bd8b0e3cdd79ac24c4a3a807647732f25cd2f0908c120cffe.png)

**BiFi** [https://bifi.finance/](https://bifi.finance/) is a multi-chain lending and liquidity management platform

**BiFi X** [https://x.bifi.finance/](https://x.bifi.finance/) - flash lending, something like Defi futures)

**Owly** [https://owly.bifi.finance/](https://owly.bifi.finance/) is a decentralized trading platform with daily leverage

Existing applications developed by the **BIFROST** team will be migrated to the **BIFROST** network, and new products are under development. **BiFi**, the credit/loan marketplace, and interchain DEX will be the backbone of the **BIFROST** DeFi ecosystem. ChainRunner will act as the router for interchain transactions on DEX. Having these native interchain products on the **BIFROST** Network will provide a new level of user experience through the synergy and composite that will be possible.

BFC and BIFI tokens are presented in coin observers, there in exchange section you can find out where they are traded and buy at the exchange you are interested in, among them Kucoin, Upbit, [Gate.io](http://Gate.io), Uniswap, Bittrex, Bilaxy, Bithumb, Sushiswap.

[https://dropstab.com/bifrost](https://dropstab.com/bifrost)

[https://coinmarketcap.com/currencies/bifrost/](https://coinmarketcap.com/currencies/bifrost/)

[https://www.coingecko.com/en/coins/bifrost](https://www.coingecko.com/en/coins/bifrost)

[**Website (Bifrost)**](https://thebifrost.io/) **|** [**Twitter (Bifrost)**](https://twitter.com/BIFROSTio) **|** [**Twitter (BiFi)**](https://twitter.com/BiFi_lending) **|** [**Telegram (Global)**](https://t.me/Bifrost_Global) **|** [**Telegram (Korean)**](https://t.me/Bifrost_Korea) **|** [**BFC Bot Website**](https://bfcbot.com/) [**YouTube**](http://www.youtube.com/c/Bifrost_BFC) **|** [**Facebook**](https://www.facebook.com/theBifrost.io)

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*Originally published on [CryptoBelka](https://paragraph.com/@cryptobelka/how-about-bifrost)*
