# Bifrost Network > A network that is open to all Bifrost is a multichain blockchain network enabling developers to build applications with cross-chain capabilities. Bifrost Network is an EVM-compatible Layer 1 blockchain for building multichain applications. It connects EVM and non-EVM chains, including Bitcoin, through its Cross-Chain Communication Protocol, with validators securing both block production and cross-chain message verification. A built-in oracle delivers off-chain data natively, reducing DApp dependence on third-party oracle providers. - Type: Network - Sector: Blockchain Platforms - Status: Active - Founded: 2018-01-01 - Profile: https://thegrid.id/profiles/bifrost_network ## Products - [Bifrost Network](https://thegrid.id/profiles/bifrost_network): Bifrost Network is an EVM-compatible Layer 1 blockchain using proof of stake for fast, low-cost transactions. The network runs smart contracts and supports native cross-chain operations. (L1, Live, Main Product) - [Bifrost Bridge](https://thegrid.id/profiles/bifrost_network): Bifrost Bridge is a cross-chain bridge for moving assets between Bifrost Mainnet and external chains with guided deposit and withdrawal flows. (Bridge, Live) - [Bifrost Staking](https://thegrid.id/profiles/bifrost_network): Bifrost Staking is a validator delegation platform for staking BFC with validators, including configurable commission rates and reward compounding. (Staking Service, Live) - [Bifrost Explorer](https://thegrid.id/profiles/bifrost_network): Bifrost Explorer is a block explorer providing on-chain data such as transactions, blocks, addresses, and network statistics for Bifrost. (Block Explorer, Live) - [Pockie](https://thegrid.id/profiles/bifrost_network): Pockie is a Web3 wallet for managing digital assets across multiple EVM networks. Users can manage tokens and NFTs, send and receive assets with optimized transfer fees, and access networks including Bifrost, Ethereum, BNB Chain, Avalanche, Polygon, Klaytn, Base, and Arbitrum. (Wallet, Live) ## Assets - [Bifrost (BFC)](https://thegrid.id/profiles/bifrost_network): BFC is the native token of Bifrost Network. It is used for paying transaction fees, securing the network through staking, and participating in governance. Validators stake BFC to secure both block production and the network's cross-chain relay protocol, which connects EVM and non-EVM networks, including Bitcoin, without external bridges. (Native) - [Bitcoin USD (BtcUSD)](https://thegrid.id/profiles/bifrost_network): BtcUSD is a Bitcoin-backed stablecoin issued by the BTCFi protocol on Bifrost Network. It is used for DeFi savings, decentralized trading, and gaming within the Bifrost ecosystem. Collateral is limited to Bitcoin, giving holders a pure BTC-backed dollar position without exposure to other asset types. (Stablecoin) ## Links - [Main](https://bifrostnetwork.com) - [Documentation](https://docs.bifrostnetwork.com) - [Terms of Service](https://bifrostnetwork.com/terms-of-use) - [Governance](https://governance.bifrostnetwork.com) - [Discord](https://discord.gg/bifrostcity) - [GitHub](https://github.com/bifrost-platform) - [Twitter / X](https://x.com/bifrost_network) - [Medium](https://medium.com/@bifrost) - [Reddit](https://www.reddit.com/r/bifrostnetwork) ## Relationships - [Biport](https://thegrid.id/profiles/biport): Subsidiary - [BiFi](https://thegrid.id/profiles/bifi): Subsidiary ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. 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The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP