candidates

members

proficients

fellows

senior_fellows

experts

senior_experts

masters

senior_masters

grand_masters

**Name of node provider:**
PROMOTEAM 

**Brief Description on node provider:**
PromoTeam is a diverse team of specialists and blockchain activists with various skills that actively promotes the Polkadot ecosystem.
Our main activity is content production, offline and online event organization, community management and creation, product marketing, development of ambassador programs.
We also run validator nodes for Polkadot, Kusama, collators of Bifrost, Astar and other blockchains and participate in the Polkadot ecosystem projects as investors, advisors and contributors.
PromoTeam have talented devops specialized on blockchain validators. We own servers in exclusive locations like Serbia, Uzbekistan , Central Asia and other unique locations, and provide best quality sever support and true decentralisation and diversification. We using  highest security and highest performance solutions to provide quality blockchain validator services for the ecosystem projects for last 5 years. 
PromoTeam leaded by [Alex PromoTeam](https://www.linkedin.com/in/alexpromoteam/) , Polkadot Head Ambassador, web3 and blockchain activist and entrepreneur. 

**The address of the node that wants to join the Validator Boost List and which network:**

**Polkadot**
12WNzfWXzogo8N27yNuE9T1xXC2VyJYmTqRDuePp2CNJLgPk
12BkPLskXyXrHhktrinLxVFkPzzvCzCyVCaqHkUEoxMwSzeq
We are applying with 5% commission(1KV Program recommendation) and intend to keep this throughout the VBL period.

**Liquidity Contribution by VBL Applicant :**
We are already staking significant amount of $BNC for years and going to increase our participation in DeFi activity on Bifrost.  
We are going to provide 30K+ BNC to Omipool on HydraDX

**Marketing - Informational support/contribution by VBL Applicant:**
Alex PromoTeam was one who helped to develop and start Bifrost Ambassador program, he was leading ambassador and coordinator of the program for the first years. Five PromoTeam members are the Bifrost Ambassadors and contributors. We are one of the first supporters and contributors of Bifrost. We host dozens of AMA, created hundreds of articles and videos about the Bifrost , helped to invite thousands Bifrost users, investors, and followers. 

PromoTeam are going to continue support and promote Bifrost and its services on longterm basis. We are one of BNC tokenholders, collators of Bifrost , participate in Bifrost Governance.

**Our nearest plan for Crowdloan Unlock Campaign:**
We are preparing big campaign covering Crowdloan unlock and possible ways to utilize DOTs. 
We are going to present Bifrost as main liquid staking and DeFi provider of the ecosystem.

There will be content, AMAs in Russian and English in telegram and twitter. Crowdloan Telegram Bot informational messaging, and other activities planed. 

**Our total audience now:**
- 5k subscribers for telegram Crowdloan bot - @crowdloanbot (will be rebuild for the Crowdloan Unlock Campaign)
- 45k twitter 
https://twitter.com/DotParachains
https://twitter.com/PromoTeamPD
https://twitter.com/Alex_PromoTeam 
- 10k telegram 
https://t.me/PromoTeamRus
https://t.me/PromoTeamRus
https://t.me/PolkadotRu
https://t.me/polkaprojectcom
 
- [- 1k medium ](https://medium.com/polkadot-ecosystem-promoteam?source=post_page-----310fc2dfe481--------------------------------)

More about our recent Validators, Community development and Polkadot Ambassadors activity - [here](https://medium.com/polkadot-ecosystem-promoteam/boosting-the-polkadot-decentralization-the-launch-of-polkadot-validators-school-310fc2dfe481)

More about PromoTeam activity in Polkadot ecosystem- [ here](https://medium.com/polkadot-ecosystem-promoteam/promoteam-2022-halfway-results-the-review-of-the-q1-q2-99019c880684) 
...

PromoTeam is a team that promotes the Polkadot ecosystem. They create content, organize events, and manage communities. They also run validator nodes for different blockchains. They are applying to join the Validator Boost List for Polkadot with a 5% commission. They plan to support and promote Bifrost and its services and are preparing a big campaign for Crowdloan Unlock. They have a total audience of 5k subscribers on Telegram, 45k followers on Twitter, and 10k members on Telegram.

PromoTeam: Validator Boost Proposal

**Name of node provider:** LEGEND (Polkadot)

**Brief Description on node provider:**  Node Runner FZCO is a stake-as-a-service company based in Dubai, UAE. It operates multiple validators under the “LEGEND” brand, focused on DOTSAMA ecosystem, such as Polkadot (1kv program), Kusama (1kv program), Moonbeam & Moonriver.

**Number of nodes that want to join the Validator  Boost List:** 1

**The address of the node that wants to join the Validator Boost List and which network:** 14zfiH2sMH955cG2yKUQbHSP3oQ8W4Ai9p9wSSZunvQ4TU4k

**Liquidity Contribution by VBL Applicant :**

1. Token amount  provided to minting vToken: 24,500 vDOT
2. Plan to provide vToken liquidity 
vToken - Token LP : 24500 vDOT+39111 DOT

**Other**

- The company validator is self funded and fully supported by the community. 

- We have a potential of minting up to 240k vDOT in total (including the 24,500 that have already minted so far). We may mint more vDOT in the following scenarios:

1. When our current vDOT-DOT is getting out of range, meaning the entire vDOT is fully converted to DOT (due to impermanent loss). In that case we’ll re-supply liquidity by minting new vDOT.

2. We currently provide liquidity on Moonwell app using part of our DOT in order to borrow USDC/USDt. Once it’ll be possible to use vDOT as a collateral on Moonwell, we’ll exchange our collateral from DOT to vDOT by minting vDOT.

- Once the VBL proposal is accepted, we’ll immediately add another vDOT-DOT liquidity of about 16,500 vDOT-DOT (in total).

- Once the VBL proposal is accepted, our validator fees will be decreased from 5% to 3%.

- Besides that, we hold another 1.4m GLMR tokens that we’ll consider minting into vGLMR as well in the future.

- We run a small telegram group for delegators' questions and weekly updates regarding the nodes we’re operating. We’ll start sharing all necessary information regarding Liquid Staking via Bifrost whether our VBL proposal passes or not.



- LEGEND is a company in Dubai that runs validators for different blockchain networks.
- They want to join the Validator Boost List with one node on the Polkadot network.
- They will provide 24,500 vDOT tokens to mint vTokens and plan to provide liquidity for vToken-Token LP.
- LEGEND may mint more vDOT in the future if needed for liquidity or collateral.
- If their proposal is accepted, they will add more vDOT-DOT liquidity, decrease their validator fees, and share information with delegators.

Legend VBL DOT proposal

# Summary

This proposal aims to move BNC from Bifrost Treasury to Bifrost Foundation to incentivize correlated events towards to vDOT unlock and SLPx deployment on Moonbeam, Moonriver and Astar.

Below are reward dividend details:

| Event | BNC Incentive | Release  |
| --- | --- | --- |
| LP Farming | 336,474.887 | Linear in 30 days |
| Unlock Harvest | 400,000 | Linear in 3 months |
| Zealy Campaign | 20,000 | Linear in 3 months |
| Total | 756,474.887 |  |

## LP Farming

## Bifrost

- vDOT/DOT: **54,337.90**
- vDOT/USDT: **13,698.63**

### Moonbeam

StellaSwap

- xcvDOT/xcDOT: **112,079.701**
- xcBNC/xcDOT: **1,120.797**
- xcvFIL/xcFIL: **1,867.995**

BeamSwap

- xcvDOT/xcDOT: **100,871.73**
- xcBNC/xcDOT: **1,120.80**
- xcGLMR/xcvGLMR: **11,207.970**

### Astar

ArthSwap

- xcvDOT/DOT: **36,986.301**

### Moonriver

SolarBeam

- xcvKSM/xcKSM: **1,525.218**
- xcvMOVR/MOVR: **579.078**
- xcBNC/xcMOVR: **1,078.767**

## vDOT Unlock Harvest

- 10/12 ～ 10/23 Early-bird Event: **75,000**
- 10/23 ～ 11/22 Raindrop: **325,000**

## Zealy

- Campaign Incentive: **20,000**

- Bifrost is moving BNC from Bifrost Treasury to Bifrost Foundation.
- This is to incentivize events related to vDOT unlock and SLPx deployment on Moonbeam, Moonriver, and Astar.
- There will be a total of 756,474.887 BNC given as rewards for LP farming, vDOT unlock harvest, and Zealy campaign.
- LP farming rewards will be given for farming vDOT/DOT, vDOT/USDT, xcvDOT/xcDOT, xcBNC/xcDOT, xcvFIL/xcFIL, xcGLMR/xcvGLMR, and xcvKSM/xcKSM.
- The vDOT unlock harvest and Zealy campaign will also provide rewards.

Discussions