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SLP Boost Validator List proposal - AlfaStake
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Dear Bifrost Community,


We would inform you that we are happy to be part of SLP Whitelist.

In order to enforce this new liquidity and cooperation protocol, we forward our official nomination to join the "Boost Validator List"


We are part of Dot ecosystem as indipendent operator since early with an active support on relay chains and 2 parachains at moment. Further expansion is on our roadmap.


We aim to join new SLP as validator, ensuring following activities:


1) Increase our mktg activties focused on Bifrost parachain and its dAPP;

2)Provide liquidity in GLMR / DOT pools;

3)Ensure participation in governance mechanism and referenda proposals/consensus vote


Our collator address: dNUqBwAFBbCWNzi7Jok3xmcoPfs5FgT6m1iZgcXqvG2SYmm


We appreciate every feedback or further ideas.


AlfaStake Team

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I am very happy to see your proposal. Want to know what network node is this address you provided: dNUqBwAFBbCWNzi7Jok3xmcoPfs5FgT6m1iZgcXqvG2SYmm and is it already running?

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Hey AlfaStake, the nice proposal started from here.

IMO this proposal may need more specific data (such as market activities example, liquidity scale, etc.) to facilitate community discussion and voting.

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You can also email tyrone@bifrost.finance if you want to discuss about the SLP whitelist.
The doc is still in draft and we take feedbacks from all parties.

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@BayaCat Yes it is sir

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@Lurpis Thanks for reply sir. Before dig into the proposal, would be better to wait also until additional candidates join the discussion in order to have more feedback and calibrate our intentions

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hi Alfastake,
I am a community member and user of Bifrost. Great submission, can you provide details around your point that you will Increase your mktg activties focused on Bifrost parachain and its dAPP? how can you do so?
cheers for ur answer

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Do you have a website ?
You are running a Moonbeam collator right ?

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@SuperDupont yes sir, https://alfastake.com. We are rebuilding it. Most of our followers interact with us via twitter , @AlfaStake

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@dKqG...PFt8 As indipendent and small operator, we are involved in administration of DOT Telegram italian community and related parachains' groups, with more than 2000 members. Additionally we usually keep active our communication via Twitter (@AlfaStake) and we have connections with additional PolkaDot - focused writers and content creators, most but not except in italian language. Our mktg support could help to push mainly in this channels and area.

Hope this helps to clarify.

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many thanks for the colour on this @ALFA...TAKE

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Hey AlphaStake team,
That's a very good start on the proposal, can we get more quantitative/qualitative info from these:

Increase our mktg activties focused on Bifrost parachain and its dAPP;

  • In exactly which aspect of Bifrost parachain or dAPP needs to be concentrated on mktg or what is the weakness of Bifrost which need more educational stuffs?
  • What's the method of activities?
  • How many activities you are willing to bring Bifrost community?

Provide liquidity in GLMR / DOT pools;

  • Bifrost currently has no existing GLMR / DOT pool, there is GLMR / vGLMR pool in running with incentives.
  • What's the extract amount of liquidity will you provide?

In addition, could you provide more info regarding to let Bifrost community easily know about the quality and performance of your collator in the past, feel free to share in comment.

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@Tyrone

Good evening,
For what we can see in our italian groups, BiFrost is still unpopular also if we see some opportunities from liquid staking and such derivatives. I believe you are working in the right direction, but we see still lack of TVL and transactions on your dapp.

For GLMR / DOT pools we meant we can join "ANY" pool on which one of both tokens are present. The amount will depend on market conditions and incentives.

Regarding collator performance, if you need something like benchmark required don't hesitate to let us know, we are collator since day one with 100% activity rounds.
Please bear in mind that we are just collator and relay chain node runners, we have not particular expertise in business development management or growth management nor liquidity providers.
We are happy to help if needed and we continue to keep your network more secure via our collator in any case.

Best regards.

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@ALFA...TAKE

hey, thanks for this.

for your italian groups

  • how do you think you can assist and provide support in educating your community with liquid staking and particularly introduce them to bifrost?
  • would be great to provide an example of what you could do for us?

For liquidity and volume - you can have a check of the single token farming and LP opportunities live for each vtoken on the bifrost dapp (i.e. if you choose a vtoken under the total staking apy displayed you will see a break down "base % and farm %“ click and you can check the vtoken income analysis breakdown)
to my understanding, alfa stake would be capable of providing liquidity/volume i.e. minting a vtoken and providing liquidity. are you able to specify which vtoken - GLMR and DOT? and rough amounts in terms of minimum to maximum so we have an idea of range.

finally, i definitely think providing your collator performance would be great.

thanks again for your responses. wishing you a great and early happy new year.

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@ALFA...TAKE

finally, one last question:

in regard to your point about liquidity contribution for DOT and GLMR trading pairs. you would be providing liquidity for vDOT single token and/or LP farming? for vGLMR LP farming? as such you would be minting some volume of both vDOT and vGLMR to be able to provide this liquidity. would be great to know your contribution support on this front - abit more details.

thanks. look forward to hearing back on both points.

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@TPP

correct, we can starting providing vGLMR because we manage some extra GLMR funds needed for our GLMR collator. We are able to dinamically allocate GLMR on vGLMR LP farming for a total amount which we can evaluate based on market pool. Min 10000, max 100000

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@ALFA...TAKE
understood , thanks for the clarification regarding the liquidity provision.

are you able to provide us some context on the earlier post in regards to your italian groups:

how do you think you can assist and provide support in educating your community with liquid staking and particularly introduce them to bifrost?
would be great to provide an example of what you could do for us?

cheers again for your time.

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@TPP
Actually we see that engadgment of italian community in the Bifrost dedicated group is still "cold", even if we established the most popular DOT ecosystem telegram group.
We would like to remark that even if we are founders of these telegram spaces, we don't allow "shilling" activities and such intrusive marketing actions. We prefer to highlight some ecosystem developing news and engadge discussion with members, if needed.
This is what we do for most important DOT projects, and for parachain we tend to technically support via our nodes.

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@ALFA...TAKE

thanks for this.

coming back to your previous comment around liquidity and initial submission as it was mentioned "Provide liquidity in GLMR / DOT pools", can you please provide the liquidity angle in the following template below:

Liquidity Contribution by VBL Applicant :

  • Token amount provided to minting vToken: XXXXX Token
  • Plan to provide vToken liquidity
  • Single token farming : : XXXXX Token
  • vToken - Token LP : XXXXX Token+XXXXX vToken

furthermore on your last point about your community established the most popular DOT ecosystem telegram group", it would be great to have then the following details:

  • Quantitative overview on your community (number of users / Geographical focus) : XXXXX / XXXXX
  • Brief breakdown of your channels (Blog, Twitter,Youtube, Telegram,etc.):
    ■ Blog: XXXXX views / XXXXX members
    ■ Twitter: XXXXX followers (incl. Recent analytics on post)
    ■ Telegram: XXXXX members
    ■ Discord: XXXXX members
  • Potential ways bifrost and alfastake could partner such that we can "heat up" engagement within the italian community in the Bifrost dedicated group (our head of community growth is christian and italian :D
  • ways in which alfastake can highlight bifrost related news and engage discussions with your members?

appreciate the details.

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Due to the fact that we manage extra reserves of GLMR and in less part of KSM, DOT and BNC, we could evaluate for those ones.

Token amount provided to minting vToken: GLMR Token - 20000-100000
Plan to provide vToken - Depends on market conditions
Single Token farming - DOT (100-1000)
vToken LP - GLMR (10000-20000) + vGLMR (10000-20000)

Token amount provided to minting vToken: 5000 BNC
Plan to provide vToken - Depends on market conditions
vToken LP - BNC (5000-10000) + vBNC (5000-10000)

Please consider these numbers as provisionals. We don't know how many tokens we would allocate, this depends on market condition, internal treasury and risk management and rewards linked to each single allocation.

For social:

Twitter:@AlfaStake (600+ followers)
Telegram: @polkadotnetworkitalia (1900+ members), @bifrostitalia (35 members), @acalaitalia (800+ members), @KANARIAsingularRMRKItalia (230+ members)

What we can do from our perspective is to stay more focused on Bifrost protocol while we have our daily discussions about the whole ecosystem, pushing more attention about BNC roadmap, dapp and products / defi proposal. As we said, we are just host of a free and quite important DOT-related italian telegram community, but we don't prefer to be too much intrusive cause we wouldn't risk to fall into financial advices.

Following last telegram analytic (daily messsage numbers - @polkadotnetworkitalia)

https://ibb.co/5sHtNDm

Last but no last, we are ofc active actually as collator/validator runner on Kusama, PolkaDot, Moonbeam and Bifrost:

BNC collator: dNUqBwAFBbCWNzi7Jok3xmcoPfs5FgT6m1iZgcXqvG2SYmm
DOT validator: 14MDvXHcSfZXacZR3nvbS4XYgpWi2dY65BnthsUnMZU6R1kH
KSM validator : Gf7EHcqRZiXCELr2xYjQXrxAzVcEFh5pEjvQdedKS2avGAj
KSM validator 2: GcS4cm9Zuk1EYAm3N92TXgUGAhG18Y4g9niZ4Pz1Ak9fu3C
MoonBeam collator: 0xFc1084962DE75E1480bbbb5a0909fE8e1498977d

Hope this helps.

AlfaStake Team

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@ALFA...TAKE
thanks for the info and context. given the back and forth we have had is it possible to submit the VBL proposal in the following format, as its not clear which network you are applying for for VBL:

Name of node provider: Alfastake
Brief Description on node provider: XXXXXXX
Number of nodes that want to join the Validator Boost List: X
The address of the node that wants to join the Validator Boost List and which network: XXXXXXXXXXXX/XXXXXXXXXXXXX/XXXXXXXXXX

thanks

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@TPP :
Here we are:

Name of node provider: AlfaStake
Brief Description on node provider: Indipendent passionate of DOT ecosystem with 4+ years of experience in node running and maintaining
Number of nodes that want to join the Validator Boost List: 3
The address of the node that wants to join the Validator Boost List and which network:
We are interested in the following networks (preferred ordered):
DOT validator: 14MDvXHcSfZXacZR3nvbS4XYgpWi2dY65BnthsUnMZU6R1kH
KSM validator 2: GcS4cm9Zuk1EYAm3N92TXgUGAhG18Y4g9niZ4Pz1Ak9fu3C
MoonBeam collator: 0xFc1084962DE75E1480bbbb5a0909fE8e1498977d
BNC collator: dNUqBwAFBbCWNzi7Jok3xmcoPfs5FgT6m1iZgcXqvG2SYmm

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