candidates

members

proficients

fellows

senior_fellows

experts

senior_experts

masters

senior_masters

grand_masters

- 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

- 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.

- 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%

- 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