candidates

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Origin commanded by any members of the Polkadot Fellowship (no Dan grade needed)

Origin commanded by rank 1 of the Polkadot Fellowship and with a success of 1

Origin commanded by rank 2 of the Polkadot Fellowship and with a success of 2

Origin commanded by Polkadot Fellows (3rd Dan fellows or greater)

Origin commanded by rank 4 of the Polkadot Fellowship and with a success of 4

Origin commanded by Polkadot Experts (5th Dan fellows or greater)

Origin commanded by rank 6 of the Polkadot Fellowship and with a success of 6

Origin commanded by Polkadot Masters (7th Dan fellows of greater)

Origin commanded by rank 8 of the Polkadot Fellowship and with a success of 8

Origin commanded by rank 9 of the Polkadot Fellowship and with a success of 9

Preparing

Bifrost borrowed 1,000,000 DOT from the Polkadot treasury. Over 12 months, this earned 53,185.39 DOT in interest.

- 67.25% of the loan was staked to earn yield
- 32.75% was used as liquidity (no yield)
- Total interest: 53,185.39 DOT
- Interest rate: 5.318%

Executed

DOT Treasury Loan Interest Repayment

- Transfers 115,000 BNC from Treasury to Buyback Reward Pool  
- Restarts reward distribution with Native BNC  
- Previous reward period expired, needs new notification

Deposit bbBNC Rewards + Notify Reward (Treasury-subsidized, 2nd Batch)

- Bifrost borrowed 1M DOT from Polkadot treasury.
- They used the DOT to provide liquidity in a vDOT-DOT pool.
- This gave them 9,999,280,687,059,620 BLP tokens.
- Now they want to take back the BLP and get vDOT.
- They expect to get 4,095,940,485,554,944 vDOT.

TimedOut

DOT Subsidy Repayment Step 1: Withdraw liquidity and redeem vDOT

Replace VBL for Legend node

Refuel vETH Farming Reward

Bifrost Polkadot Runtime is computer code that helps a blockchain work. It is small, about the size of a small photo.
- Runtime size: 1.973 MB
- Compressed: Yes, 81.63%
- Metadata version: V14
- Core version: bifrost_polkadot-24002

Upgrade Bifrost-polkadot to Runtime 0.24.2

The Bifrost program got a new update.  
- Big file size of 1.97 MB  
- It fixes bugs and makes rules stronger  
- Adds bigger messages for XCM
- Uses new tools for releases  
- Makes sure data rules are followed correctly

Rejected

Bifrost asks for **$271,379.32 USDT** for June to August 2026.

This money will be used to:

1. **Build new features**: Add a permanent lock option for bbBNC tokens, let vDOT/vKSM holders vote without unstaking, and help launch Pharos LST in September.
2. **Keep systems secure**: Pay for audits, bug bounties, and monitoring.
3. **Maintain computers and tools**: Run nodes for different blockchains and keep developer software working.
4. **Community and marketing**: Run AMAs and small events, saving a bigger marketing push for September.
5. **Team support**: Fund training, rewards, and emergency reserves.

Bifrost Operating Budget Proposal (June 2026 - August 2026 for 3 Months) 

- The plan moves ETH and vDOT between three groups: LoopStake, Treasury, and Foundation.
- ETH is taken out of LoopStake and partly burned.
- vDOT is changed to ETH to add to Hyperbridge ETH reserves and to USDT for the Treasury.
- Remaining ETH is locked so it cannot be used until a later vote.

Treasury Rebalancing & ETH Reserve Management For Hyperbridge_ETH Compensation

- Hyperbridge had a security problem and was paused
- vDOT tokens are stuck and can't go back through the bridge
- This proposal moves 26,486 vDOT to the Bifrost Treasury
- The tokens come from the Hyperbridge reserve account

Withdraw Hyperbridge Reserve vDOT to Bifrost Treasury

Bifrost proposes to adjust farming rewards. They will change how much BNC tokens are given to different pools. They also want to move BNC from the Treasury to the Bifrost Foundation. Lastly, they will send USDT to another account for cross-chain fees.

Farming Adjustments and Charge - May-June 2026

- **What Happened:** The first batch of rewards for bbBNC staking ran out after a vote called Referenda #223.
- **What This Does:** This proposal starts using money from the Bifrost Treasury to keep paying bbBNC staking rewards.
- **How Much:** It moves 115,000 BNC from the Treasury to the reward pool.
- **Why:** To make sure people who stake bbBNC continue to get their rewards without interruption.

Deposit bbBNC Rewards to Buyback Pool (Treasury-subsidized, 1st Batch)

- Bifrost Polkadot is a computer program that helps with blockchain.
- It got an update to version 0.24.1.
- The update makes it work better and fixes some problems.
- It now handles tokens more safely.
- Some small improvements were made to the code.
- The program is about 2 MB in size.
- You can find more details on GitHub.

Upgrade Bifrost-polkadot to Runtime 0.24.1

Fellows remove member

Temporarily Pause vETH Farm

- **Dot** and **BNC** are like special codes for computers.
- These codes help keep information safe and correct.
- They are part of a system that checks things without one person in charge.
- Dot and BNC work together to make sure everything runs smoothly.
- People use them to build apps that don't need a boss to manage them.
- They help computers agree on what information is true.
- This makes it easier for everyone to trust and use the system.

[Senior Fellows] Slpv2 set vbl

- We found a problem with Hyperbridge.
- We will turn off its cross-chain feature for now.
- This stops messages from other chains.
- It keeps user money safe.
- It helps the network stay stable.
- We are checking the problem.
- We will fix it.
- Then we will turn the feature back on.

[Senior Fellows] Referendum #495-Temporarily Disable Hyperbridge Cross-Chain via ismp.handle_unsigned

- We found a problem with Hyperbridge.
- It lets things move between different blockchains.
- We will turn this off for now to keep everyone's money safe.
- To do this, we will remove some special addresses.
- This stops new cross-chain actions.
- Our team will look into the problem and fix it.
- When it's safe, we will turn Hyperbridge back on.
- A new plan will be made to restart it.

[Senior Fellows] Referendum #494-Temporarily Disable Hyperbridge Cross-Chain Functionality

- **DOT Transfer Change:** The system is updating how DOT transfers work. It's removing some old rules and adding new ones to make transfers smoother.
- **Astr Network Update:** The Astr network is getting a new feature called "limitedReserveTransfer." This helps with moving tokens in a controlled way.
- **Code Cleanup:** Old, unused code is being removed to keep the system simple and efficient.
- **Better Performance:** These changes aim to make the network faster and more reliable for users.

Fellowship Referenda

Referenda Tracks