Bifrost (BFC), the multi-chain middleware platform, has unveiled StableDAO, a new investment infrastructure designed for the Web3 ecosystem. This initiative aims to inject stablecoin liquidity into promising Web3 projects, fostering growth and innovation. StableDAO will operate by providing stablecoin-based funding to select Web3 projects deemed to have high potential. The selection process will likely involve thorough due diligence and assessment of the project's viability and impact. A key feature of StableDAO is its BFC token burning mechanism. Bifrost plans to allocate 30% of the profits generated by StableDAO to burning BFC tokens, effectively reducing the token supply and potentially increasing its value. Additionally, 2% of the profits will be used to burn BiFi tokens, benefiting the broader Bifrost ecosystem. This dual-burning strategy is intended to create a positive feedback loop, encouraging participation in StableDAO and supporting the value of both BFC and BiFi. ```