So this means 10% of our staking rewards will be deducted instead of 0,1% now and this 10% goes to the treasury to buyback BNC ? 10% is a lot, no?

[@cwyC...F2Hb](cwyCHMNZuaThCY3qdKGxwGWKT3ESND3jFGPwtbnN4eZF2Hb-bifrost-polkadot) The part that enters the national treasury will be redistributed in various forms to empower BNC, but this has not yet been determined, and it should be publicly discussed in the community when there is a specific plan in the future

## TL,DR

This proposal adjusts vDOT, vGLMR commission rate from 0.1% to 10%.

## Summary

According to the Roadmap, Bifrost will launch the new BNC Tokenomics in the 3rd quarter of this year, which means that vToken will serve as the main source of protocol revenue to support BNC's stable ecological and economic cycle. All the vToken Commission will all be kept in the treasury, and will be used for BNC repurchase after the new tokenomics goes live and continue to incentivize veBNC holders, vToken Farming and etc.

vTokens for this commission adjustment:

**Bifrost-Polkadot**

vDOT: Commission rate 0.1% ⇒ 10%

vGLMR: Commission rate 0.1% ⇒ 10%

More Commission allocation and usage scenarios can be discussed through Bifrost's upcoming OpenGov Treasury Track. 

Stay tuned.

- Bifrost is launching a new tokenomics system in the 3rd quarter of this year.
- vToken will be the main source of revenue to support the BNC ecosystem.
- All vToken commission will be kept in the treasury for BNC repurchase and incentives.
- The commission rate for vDOT and vGLMR will be adjusted from 0.1% to 10%.
- There will be more discussions on commission allocation and usage scenarios through Bifrost's upcoming OpenGov Treasury Track.

calls

Restore vDOT, vGLMR commission rate to 10%

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