candidates

members

proficients

fellows

senior_fellows

experts

senior_experts

masters

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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:

Transfer **87336.59491** BNC from Bifrost Treasury(eCSrvbA5gGNYdM3UjBNxcBNBqGxtz3SEEfydKragtL4pJ4F) to Foundation(dmTEFZ77m7WtJmd7PY6pMh111uTtW9jpwfwasTGsWKUGp5M) for adjusting the incoming farming incentivized round from 23/11/2023 to 31/12/2023. Check details in the chart below:
| Pool Name | Incentivized BNC |
| --- | --- |
| vDOT-DOT (Bifrost) | 29410.9589 |
| vDOT-USDT (Bifrost) | 7436.399217 |
| vDOT-DOT (StellaSwap) | 23483.36595 |
| vDOT-DOT (Beamswap) | 23483.36595 |
| vGLMR-GLMR (Beamswap) | 3522.504892 |
| Total | 87336.59491 |

- Bifrost Treasury wants to transfer 87336.59491 BNC to Foundation.
- The transfer is for adjusting the incoming farming incentivized round from 23/11/2023 to 31/12/2023.
- The transfer will affect different pools, such as vDOT-DOT, vDOT-USDT, and vGLMR-GLMR.
- The total amount of BNC to be transferred will be distributed among the different pools.
- The chart shows the name of the pools and the amount of incentivized BNC they will receive.

Transfer BNC For Adjusting The Next Farming Incentivized Round

# Summary
This proposal aims to Initialize vASTR launching with 10% staking commission rate.

Set vASTR commission rate to 10%

# Summary
This proposal will execute to stop farming rewards of following pools:
- vDOT-DOT
- vGLMR-GLMR
- vsDOT-vDOT
- vFIL-FIL

Instead creating following new stable pools and incentivize them：
vDOT-DOT Stable Farm
  - Start time: 10.24 8:00 HKT, at Block: 3,314,051
  - BNC emission per block (12 decimals): 503,128,699,476

vGLMR-GLMR Stable Farm
  - Start time: 10.19 18:00 HKT, at Block: 3,285,854
  - BNC emission per block (12 decimals): 38,051,750,381

vsDOT-DOT Stable Farm
  - Start time: 10.19 18:00 HKT, at Block: 3,285,854
  - BNC emission per block (12 decimals): 19,025,875,190

vFIL-FIL Stable Farm
  - Start time: 10.19 18:00 HKT, at Block: 3,285,854
  - BNC emission per block (12 decimals): 19,025,875,190

vDOT-USDT Zenlink Pool
  - Start time: 10.24 8:00 HKT, at Block: 3,314,051
  - BNC emission per block (12 decimals): 126,839,167,935

SubSquare is proposing to stop farming rewards for some pools and create new stable pools. The new stable pools are vDOT-DOT, vGLMR-GLMR, vsDOT-DOT, and vFIL-FIL. Each of these pools will have a start time and a BNC emission per block. Additionally, a new pool called vDOT-USDT Zenlink Pool will be created with its own start time and BNC emission per block.

Update farming pools on Bifrost Polkadot

# 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.

Transfer BNC From Treasury to Foundation For SLPx and vDOT Unlocking Incentives

### 
### Name of node provider:

LuckyFriday

### Brief Description on node provider:

Lucky Friday is a team of data centre veterans and Web3 natives building a globally distributed SOC-2 and CCSS Level 3 infrastructure platform for proof of stake blockchains and projects. We bring deep enterprise infrastructure expertise, having served the needs of governments and global financial institutions for decades. Our mission is to deliver the highest security and highest performance solutions for the most demanding clients via our decentralized, bare metal systems for compute, storage, and connectivity that are distributed across multiple continents.

### Number of nodes that want to join the Validator Boost List:
2

### The address of the node that wants to join the Validator Boost List and which network:
**Polkadot**
`14AakQ4jAmr2ytcrhfmaiHMpj5F9cR6wK1jRrdfC3N1oTbUz`
`14NG7QT8U3CDcWYgxqDR8CwwAwoVXZKrA1WpujsCTEP63paE`

We are applying with 5% commission and intend to keep this throughout the VBL period.  
	
### Liquidity Contribution by VBL Applicant :
We would like to be a launch partner when you roll out vDOT on interlay as vault collateral. 

We would initially commit $100k of vDOT across our vaults with the potential to grow this after an initial phase. We will also post in Discord and Twitter stating we have started to use vDOT as collateral. As a valued member of the community and one of the first vault operators, this could have a positive impact on others following. 

### Marketing - Informational support/contribution by VBL Applicant:

It is worth noting that through Lucky Friday, we control many brands:

- Kusama Kingdom: One of the most successful NFT projects in Dotsama with 3k Twitter followers and an active NFT holder community 
- Teddy DAO: The first 100% social good NFT project partnered with Just Giving (1m active users) 
- GlobalStake.io: Institutional-focused infrastructure provider 

All of these give leverage to the projects we partner with and can significantly benefit from a marketing/exposure perspective especially leveraging the Kusama Kingdom community, which has some of the most active members within Dotsama. These could include doing twitter spaces together, as well as sharing information in our community discords, we have already been very active in encouraging Kusama Kingdom members to use Bifrost for vKSM and vDOT with some of our community members even writing threads on it in the past, leading to network effect that can proliferate from our communities. 

We also have a venture fund Silvermine Capital where some employees have crossover, such as KBL (David Chapman). This gives us good exposure to other funds and projects that may wish to leverage Bifrost services. 

**Twitter:** @LuckyFridayLabs | @KusamaKingdom | @TeddyDAONFT
**Website:** https://luckyfriday.io/staking/

### Other:
LuckyFriday is also a provider of RPC services within the Polkadot ecosystem.  We currently provide service to the Polkadot and Kusama relay chains, Asset-Hub-Polkadot, Bridge-Hub-Polkadot, Asset-Hub-Kusama, Bridge-Hub-Kusama, Collectives, Interlay, Kintsugi, Centrifuge, and Picasso.  

Our RPC servers are hosted on our own infrastructure using dedicated resources for this task. It provides an alternative to cloud infrastructure and is in-theme with the vision of Web 3.  We intend to provide said RPC service to BiFrost Kusama and Polkadot at no cost on the back of this proposal being approved.

- LuckyFriday is a team of experts building a secure platform for blockchains.
- They want to join the Validator Boost List for Polkadot with 2 nodes.
- They will commit $100k of vDOT to be a launch partner for vDOT on Interlay as vault collateral.
- They have many brands and communities that can help promote Bifrost services.
- LuckyFriday also provides RPC services for many Polkadot ecosystem projects.

LuckyFriday: Validator Boost Proposal

Please ignore, will re-post at a later date.

## 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.

Restore vDOT, vGLMR commission rate to 10%

## Summary

The 50,000 KSM liquidity loan will be deployed to Zenlink in the existing Swap vKSM-KSM pair:

- The total 50,000 KSM will be split in percentage of vKSM and KSM in AMM: According to the current pool share, 25,000 KSM worth of vKSM (at current mint rate 1.227588 KSM) and the rest of KSM will be provided as the liquidity.

![](https://i.ibb.co/2dSfZfq/Untitled-17.png)

- The total liquidity position will be 20365.146282 vKSM - and roughly 25,000 KSM (in live rate) to the existing Zenlink Swap vKSM-KSM Pair. ([Zenlink](https://dex.zenlink.pro/#/info/pools/2001-eCSrvaystgdffuJxPVYKf8H8UYnHGNRdVGUvj1SWSiatWMq)) ;

## The procedure for the spending is as follows:

1. Currencies::update_balance issues an additional 50,000 KSM on the treasury address (eCSrvbA5gGNYdM3UjBNxcBNBqGxtz3SEEfydKragtL4pJ4F);
2. Mint 25,000 KSM to vKSM through VtokenMinting::mint method.
3. Add 25,000 KSM and the corresponding vKSM liquidity to zenlink liquidity pool through the ZenlinkProtocol::add_liquidity method.
    
    Liquidity provide on Zenlink
    
    - 20365146282000000 vKSM (12 decimals)
    - 24926067326354038 KSM (12 decimals)

- Zenlink will receive a loan of 50,000 KSM.
- The loan will be used to provide liquidity to the existing Swap vKSM-KSM pair.
- The loan will be split into 25,000 KSM worth of vKSM and the rest in KSM.
- The total liquidity position will be 20365.146282 vKSM and roughly 25,000 KSM.
- The loan will be spent by issuing 50,000 KSM, minting 25,000 KSM to vKSM, and adding 25,000 KSM and the corresponding vKSM liquidity to the Zenlink liquidity pool.

Discussions