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Meria Validator Boost List - MAY 2025 - Bifrost Polkadot

Upgrade Bifrost-polkadot to Runtime 0.20.2

Upgrade Bifrost-polkadot to Runtime 0.20.0

Bifrost is a Liquid Staking app-chain that allows users to earn profits by staking their cryptocurrency. They are planning to launch Bifrost 2.0, which will include new tokenomics and cross-chain integration. They propose using 100% of the profits from the Bifrost protocol for the buyback of BNC, with 90% allocated to bbBNC holders and the remaining 10% to be burned. bbBNC is a type of escrow token used for sharing the protocol's profit. Users can obtain bbBNC by liquid staking BNC to acquire vBNC and then locking this vBNC to receive bbBNC. bbBNC holders will share protocol profits, have staking rewards, governance rights, and boosted farming. Bifrost's revenue comes from vToken commission, system staking, tx fee, vToken swap fees, expanded application revenue, and bbBNC early redemption slash. The higher the proportion of bbBNC value in the overall, the more you might get in various bbBNC holdings benefits. Bifrost 2.0 upgrade has officially launched, and bbBNC core logic code development is complete and in the testing process.

Bifrost Tokenomics 2.0 (bbBNC) Proposal

Add P2P.org to the Bifrost Polkadot Validator Boost List (VBL) for vDOT

Executed

- A long code with numbers and letters.  
- It has many parts separated by "00010100".  
- Each part starts with different numbers and letters.  
- Looks like a special computer code.  
- Not easy to read or understand.  
- Might be used for data or messages.  
- No clear words or meaning.  
- Very long and complex.

Update vBNC validators

Retreat vFIL and its relevant assets

- Bifrost needs money to keep working for 6 months (Sep 2025 - Feb 2026)  
- Total budget: $558,007  
- Most money goes to tech team (72%)  
- Some money for computers and tools (10%)  
- Some for community events (8%)  
- Some saved for emergencies (9%)  
- Goal: Make Bifrost work better on more blockchains  
- They ask for 83,000 vDOT + 5,490 DOT to pay for everything

Bifrost Operating Budget Proposal (Sep 2025 - Feb 2026 for 6 Months)

- vToken fees will go to a special address  
- The address is for buying back tokens  
- It makes managing money easier  
- The address is: `1Hxn5DsLSmCdFHPe8kkv43Gz5JpuRcn8MAarjmgwhfiaN6i`  
- A long code (calldata) is included for the process

Update dex procedure receiving address

[Senior Fellows] Set moonbeam transfer fee

Recover Oracle to Hydration

- Bifrost Polkadot Runtime is big (2.491 MB)  
- It's compressed to save space  
- Uses metadata version V14  
- Core version is bifrost_polkadot-20002  
- Has special codes for updates  
- You can find it on IPFS  
- Updated to version 0.20.1  
- Full changes list is on GitHub

- Subscan helps Bifrost Polkadot and Kusama chains work smoothly.  
- They use computers, store data, and keep the network fast.  
- They watch the network and fix problems quickly.  
- Subscan charges money based on how much data is used.  
- The cost for 2025 Q2 is **\$8,969.38** (or 78,159 BNC).  
- They need funding from Bifrost to keep working.  
- This helps Bifrost grow without problems.  
- The community is asked to support this request.

Deciding

Subscan Funding Proposal for Bifrost Polkadot Parachain & Bifrost Kusama Parachain Operation and Maintenance Fee - 2025 Q2

Preparing

Setting vtokenissuance for vFIL

beneficiary

Bifrost Polkadot

referenda7

fellowship8

discussions5