An altcoin protocol designed to make it easier for developers to develop decentralized applications (DApps) has continued to rise regardless of the dips in the crypto markets.
Bifrost (BFC)Decentralized finance (DeFi) is up more than 130% in just seven days after launching a new product into the cryptocurrency industry.
Biforst (BFC) describes itself as the world’s first blockchain middleware.
The platform works as a middleware that aims to allow engineers to easily build on top of multiple blockchains and combine the best features of various protocols.
Bifrost also offers crypto users BIFI It is focused on providing an easy way to access digital asset deposit and loan services through its lending platform.
The increase in the value of the platform came just after Bifrost launched its “Biport Wallet” earlier this month.
Open source, decentralized wallet; Connectable to Bitcoin, Ethereum, Binance Smart Chain, Avalanche and Klaytn blockchain networks.
The project’s native token, BFC, is trading at $0.579602 at the time of writing and is up nearly 38% in the last 24 hours.
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