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Add Injective 

- Bifrost is proposing to increase the commission rate of vDOT to 10% to prepare for the launch of Bifrost Tokenomics 2.0.
- This will encourage more people to use vDOT, which will help grow the user base and increase Bifrost's revenue.
- Bifrost Tokenomics 2.0 will offer enhanced benefits to users holding both bbBNC and vDOT, which will motivate bbBNC holders to mint more vTokens and drive up total protocol revenue.
- Increasing vDOT's commission rate is crucial for attracting partners to the Reward-Share Program (RSP) and expanding its user base.
- With more partners, vDOT can be used in more applications, which will benefit the entire ecosystem.

Recover vDOT Commission Rate to 10%

- The proposal has 3 objectives for farming adjustment.
- The first objective is to transfer 47,786 BNC from Treasury to Bifrost Foundation for charging.
- The second and third objectives are to edit adjusted pools and dispatch Treasury to charge BLP to Stable Farms.
- The adjusted pools table shows the pairs, Pid, BNC, ZLK, and BLP with decimals.
- The total BNC transferred is 47,786.

Farming Reward Charging - Sep-Oct

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

Rafael Yahlomi is applying for the INFRA fellowship in the Bifrost community. He has a background in finance and algorithm development, and is fully invested in the Polkadot ecosystem. Rafael is a liquidity provider on the DeFi space and runs validators/collators on the Polkadot ecosystem under the LEGEND brand. He believes in the Bifrost network and wants to help it thrive. Rafael has extensive experience in the crypto ecosystem and knows the Bifrost ecosystem well. He has the time capacity to support Bifrost since he is fully dedicated to the Polkadot ecosystem.

Application for INFRA membership in Bifrost fellowship - Rafael Yahlomi

- LEGEND is a node provider that operates validators for different blockchain networks like Polkadot and Kusama.
- They want to join the Validator Boost List with one node on the Polkadot network.
- They will contribute 1m GLMR and 40k DOT tokens to mint vTokens for liquidity.
- LEGEND has already minted ~67k vDOT and added it to StellaSwap LP over the last 6 months.
- They plan to increase their vDOT minting to ~119k total and are building a website for Polkadot nominators to help them choose validators.

Legend renewal VBL DOT proposal

1. Bifrost treasury wants to add more BNC deposit into HydraDX Omnipool to increase on-chain liquidity.
2. The proposed amount is 1.216M BNC ($639.3k), which is 5.8% of the treasury.
3. The current BNC treasury deposit in the Omnipool is $360,665, and increasing it to $1M or 2.3% of FDV is the goal.
4. Increasing BNC liquidity on-chain can support larger money markets for BNC and enable another use case for BNC hodlers.
5. The proposal puts to use "Treasury Owned Liquidity," which can earn fees, add token use cases, deepen liquidity, and have no listing fee or recurring costs for market making or LM.

Deposit additional BNC into HydraDX Omnipool

decentraDOT is a node provider that offers high-quality Polkadot validators in The Netherlands. They use their own in-house hardware for top-notch security and performance. They have joined the Polkadot Thousand Validator Program and are one of the largest pools in the Polkadot network. They want to join the Validator Boost List for Polkadot with one node. They have provided liquidity contribution by providing 8,350 vDOT and future commission of their validator network will be moved into vDOT. They offer Polkadot guides, validator selector tool, validator list, and validator dashboard.

decentraDOT - Validator Boost Applicant

Staker Space is a team from the Netherlands that provides infrastructure for decentralized networks. They want to add a second validator to the VBL on Polkadot. They will contribute 75% of their commission earnings for the first 6 months as liquidity. They also provide support and information to their community on Discord and Twitter. They have a good monitoring system for their server in Amsterdam and are proactive validators. They have three validators in Polkadot and don't plan on creating more.

Validator Boost List Applicant: Staker Space

- Merkletribe.io and Bifrost.finance have a strong partnership.
- Merkletribe.io is nominating VBL nodes for Polkadot Network consensus.
- Merkletribe/Kazaki is one of the VBL nomination nodes for KSM.
- Merkletribe.io is a node as a service business that aims to maintain secure the POS consensus and provide a solid staking framework for Liquid staking solutions like Bifrost.
- Merkletribe.io has a Twitter profile with 100 followers and the founder has a profile with 5000 followers in the crypto Italian sector. They do not have a presence on Telegram, Discord, or YouTube.

Validator Boost list Proposal - Merkletribe

1. Someone is suggesting that we put all our assets together with BNC to earn more interest.
2. They wanted to transfer ASTR to BNC but there wasn't a pool available.
3. They propose creating new pools for BNC/FIL, BNC/ASTR, BNC/GLMR, BNC/vDOT, and BNC/USDT.
4. Adding more pools is not currently inspiring people to deposit assets and the slippage fee is high.
5. The proposal aims to solve this problem and make it easier to transfer assets between different cryptocurrencies.

Pool all current and future assets with BNC?

- This is a proposal to get money for a technical purpose.
- They want to get 5,000 DOT from the Bifrost Treasury to the Bifrost Foundation.
- The money will be used to make a decision about a Polkadot Referendum proposal.
- The proposal is about connecting two Bifrost parachains to prevent any pause in block production.
- After the proposal, they can keep the money or give it back to the Treasury.

Apply 5,000 DOT from Bifrost Treasury for parachain lease swap referendum deposit on Relay Chain

Feature request

- 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

PromoTeam is a group of people who promote the Polkadot ecosystem by creating content, organizing events, and managing communities. They also run validator nodes for different blockchains and participate in projects as investors and advisors. They want to join the Validator Boost List for Polkadot and will contribute liquidity by staking BNC and providing it to Omipool on HydraDX. They have helped develop and promote Bifrost and have done a lot of marketing and informational support for it. They recently did a campaign to promote Bifrost as the main liquid staking and DeFi provider of the ecosystem. They have a big audience on social media platforms like Twitter and Telegram.

PromoTeam: Validator Boost Proposal

- 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.

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