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

VBL renewal Zee Prime Labs

Allocate Incentives to Hydration GigaDOT

USDT (Bifrost) stuck 

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

TimedOut

Wrong proposal, pls vote nay

Bifrost Polkadot

referenda1

discussions4