candidates

members

proficients

fellows

senior_fellows

experts

senior_experts

masters

senior_masters

grand_masters

root

whitelisted_caller

fellowship_admin

referendum_canceller

referendum_killer

liquid_staking

system_staking_admin

salp_admin

treasury_spend

delegated_voting_admin

Deposit Reserved bbBNC Rewards to Buyback Pool

WAVE to BNC Conversion Rate Discussion

Initialize the remaining vETH on-chain logic

VBL ULTRAOPS <> HANDYLABS (Prev HANDYCRYPTO) | POLKADOT SIDE

Preparing

Executed

Register vETH in RSP

- Bifrost needed more money because the price of DOT went down.
- They had a plan to pay for things from September 2025 to February 2026.
- When they turned their DOT into US dollars each month, they got less money than expected.
- They are asking for extra tokens to cover the missing amount.
- The extra tokens are called vMANTA, vASTR, vKSM, and vDOT.
- This money comes from fees the system earned earlier and won't hurt current users.
- The team is working on a new way to exchange money to avoid this problem in the future.
- Bifrost has enough money saved to keep running for a long time, even if they earn nothing new.

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

-   People who helped with the BNC event can choose how to get their rewards.
-   They can pick **Option A**: get BNC tokens slowly over 12 months.
-   Or, they can pick **Option B**: wait 2 months, then get bbBNC tokens locked for 1 year. These tokens can earn extra rewards.
-   The community needs to vote on whether to offer this choice.
-   Voting **Aye** means you want the bbBNC option.
-   Voting **Nay** means you want to keep the original 12-month plan.

Deciding

Choice of Rewards Distribution for Round 1 & 2 (BNC Vesting vs. bbBNC Lockup)

- Subscan is asking for money to keep Bifrost and Bifrost Kusama running smoothly in 2025.
- They help people see and use blockchain data.
- The total cost is $19,535, but they are giving a discount.
- After the discount, they need $18,535.
- This will be paid in BNC coins.
- They promise to try to lower costs in the future.
- The money will help make sure the blockchain stays fast and reliable for everyone.

Subscan 2025 Q3–Q4 Funding Proposal: Operation and Maintenance Fee for Bifrost and Bifrost Kusama

Bifrost Polkadot

referenda7

fellowship4

discussions4