candidates

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fellows

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experts

senior_experts

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senior_masters

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referendum_canceller

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liquid_staking

system_staking_admin

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MARKET ACROSS VBL Bifrost Proposal

- Some users who participated in the EnergyWebX Crowdloan through SALP didn't get their EWT rewards.
- The rewards were sent to a parachain address on the Energy Web X chain, making it impossible to withdraw.
- There are currently no technical solutions to fix this issue.
- Possible solutions include waiting for Energy Web X to launch governance or joint compensation by Bifrost and Energy Web X.
- The problem happened because of poor communication between Bifrost and Energy Web X.
- Bifrost needs to remind projects not to send rewards to parachain addresses.
- Projects should confirm with Bifrost before distributing rewards.

Recap and discuss a solution to retrieve EnergyWebX crowdloan reward

Orderly decommissioning of vFIL services - Phase2 - transfer unlocked FIL to Bifrost’s vFIL Ready Pool

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

- We are renewing our partnership with VBL to keep working together.
- We will transfer 20 DOT each month until we reach 1000 DOT, which will be turned into vDOT.
- This helps us manage costs and stay active in the network.
- We will host a monthly Twitter Space to talk about Dotsama updates.
- We will retweet important project news once a month.
- The goal is to keep growing and helping our community.

VBL (Renewal) - Merkletribe - JAN 2025 

- Bifrost Polkadot Runtime is a big file (2.445 MB) and is compressed to save space.
- It has metadata version V14 and a core version called bifrost_polkadot-16002.
- The file can be found on IPFS with a specific link.
- Many changes were made to fix bugs and improve the system, like fixing buy-back and adjusting fees.
- New tools and updates were added, like benchmarking for token-issuer and lend-market.
- A new contributor, @XY-Wang, helped by adding a wrapper to the xcm router.
- The full list of changes can be seen in the changelog link provided.

Bifrost Polkadot

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fellowship5

discussions6