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

Kill malicious referendum #337 via Whitelisted Caller

Kill malicious referendum #334 via Whitelisted Caller

Kill malicious referenda #322 and #329 via Whitelisted Caller

Upgrade Bifrost-polkadot to Runtime 0.27.0

Hyperbridge Asset Recovery — November 2026 Batch: Burn Remark-Bound vETH and MANTA for Equivalent Ethereum Distribution

Deposit bbBNC Rewards to Buyback Pool (Treasury-subsidized, 7th Batch)

# Bifrost Referendum #337 Termination Proposal

## Summary
This proposal asks the community to cancel Bifrost referendum #337 and take away the money (deposits) used to submit it. The total amount taken away is **50,010 BNC**.

## Key Points
- Referendum #337 was still running on the **Root track** at block **14,665,668** on **14 November 2026, 06:50:00 UTC**.
- The proposal's data (preimage) was **missing from on-chain storage**, so nobody could see what the proposal actually wanted to do.
- The declared preimage size was **5,190 bytes**, and the deposit payer was account `13ukvnQXh6Mu6H875T4eJKB4Jah1kPurKH9oz6sjW1bVbRw5`.
- That account was **not a member of the Bifrost Fellowship** at the snapshot block.
- The proposal responds to **reported malicious governance activity**, but the available evidence does not prove a specific exploit or transfer.
- **Not being a Fellowship member alone is not proof of bad intent**, according to the proposal text.
- The action uses a whitelisted call: `whitelist.dispatchWhitelistedCallWithPreimage(referenda.kill(337))`, which the Fellowship must approve first.
- It kills only referendum #337 and slashes its **10 BNC submission deposit** and **50,000 BNC decision deposit** — it does not slash voting funds or add a voting lock, and requests no Treasury money.

Executed

# Bifrost Polkadot Referendum #334 Termination Proposal

This is a proposal to cancel a Bifrost governance vote called Referendum #334 and take away its deposits (50,010 BNC).

- **Problem found:** Referendum #334 was a "Root track" vote (a powerful type of vote) but its proposal text (the "preimage") was missing from the chain, so nobody could read what it would actually do.
- **Who submitted it:** The deposit payer, account `12anuSX...Cfg`, was checked and was **not** a member of the Bifrost Fellowship at the snapshot block.
- **Why it was flagged:** A governance monitor marked it as malicious because a non-Fellowship account submitted it with a missing preimage.
- **Important caveat:** The missing preimage does not prove a specific exploit or transfer happened. Not being a Fellowship member is also not, by itself, proof of bad intent.
- **The goal:** Close the flagged referendum and punish the deposit payer instead of leaving an unreadable Root proposal active.
- **How it works:** The Fellowship must whitelist the inner call `referenda.kill(334)`. A Whitelisted Caller referendum then runs the outer wrapper, which executes that inner call as Root.
- **What gets slashed:** Only the **10 BNC submission deposit** and **50,000 BNC decision deposit**. Voting principal is not slashed and no voting lock is added.
- **Cost:** No Treasury funding is requested.

Fellowship member adjustment

# DOT–vDOT Stable Swap Fee Reduction Proposal

## What is this?
This is a plan to make swapping between DOT and vDOT cheaper on Bifrost Polkadot.

## Key Facts
- It lowers the swap fee for Pool 0 from **0.30% to 0.05%**.
- The change applies to swaps in both directions (DOT to vDOT and vDOT to DOT).
- The fee drops by 25 basis points, about **83.33% less** than before.
- With a lower fee, Bifrost earns less per trade, but more people may trade.
- Only the swap fee changes. Other fees and settings stay the same.
- The new fee starts after the governance vote passes and is not applied to past trades.

Reduce the vDOT–DOT Stable Swap Fee to 0.05%

Fellowship member adjustments

# Bifrost Referendum to Cancel Two Malicious Proposals

- Two Bifrost governance proposals, #322 and #329, were reported as malicious.
- Both were submitted by the same account and had deposits paid by that account.
- This new proposal cancels both proposals and takes away their deposits, totaling 50,520 BNC.
- The taken deposits go to the Bifrost Treasury.
- The cancellation happens all at once: if one cancel fails, neither happens.
- The Fellowship must approve (whitelist) the action before it runs with full (Root) permission.
- It does not lock voters' balances or take away anyone's voting money.

**Bifrost Polkadot Runtime**

The Bifrost Polkadot Runtime is a software update for the Bifrost blockchain. This version is called bifrost_polkadot-27000. It makes the runtime file smaller when compressed and adds new features and fixes.

- The runtime is about 1.892 MB and can be compressed by 81.56%.
- It uses metadata version V14 and comes with an IPFS link for download.
- A storage migration to version 4 was added.
- Farming audit issues were fixed.
- Support was added for claiming rewards in a single currency and for SlpV2, which helps with vtoken minting.
- Reward calculation and automatic markup refresh logic were improved.
- Weights were regenerated for v0.27.0, and Frontier syncing subscriptions were cleaned up.
- One new contributor, @NaturalZz, made their first contribution.

**Bifrost November–December 2026 Budget Proposal**

Bifrost is a multichain staking yield layer. This proposal asks for money to run it for two months and to pay two one-time costs.

- **Total request:** $164,794.20, paid in DOT and vDOT.
- **Two-month operating budget:** $114,072.00 ($57,036.00 per month). This is about 5% less than the last cycle.
- **One-time costs:** $18,000.00 to help the team through a transition, and $32,722.20 for a twelve-month financing charge paid once at the start. Neither one adds to the monthly cost.
- **Two launches this window:** a stablecoin / real-world-asset yield vault going live, and a new consumer product under a new brand name.
- **Security first:** the budget includes a full outside audit of the new vault contracts and a bug bounty before launch.
- **Old work keeps running:** vDOT, vTokens, validators, and the signing service all continue without interruption.
- **New growth:** the Pharos stPROS liquid staking product launched in October 2026 and already holds about $2.2M in value.
- **Risks are managed:** the vault launches in steps, gated on the audit, and any shortfall from price changes is covered by Bifrost Foundation reserves.

Bifrost Operating Budget Proposal (November 2026 - December 2026 for 2 Months)

Deciding

Preparing

Killed

Bifrost Polkadot

referenda13

fellowship8

discussions6