Bifrost Operating Budget Proposal
Period: March 2025 - August 2025 (6 months)
Executive Summary
This budget proposal outlines the operational costs for Bifrost's continued development and expansion for the six-month period from March to August 2025. The proposal aligns with Bifrost's objectives to strengthen its position as the leading liquidity protocol across multiple ecosystems.
Financial Overview
Based on the provided annual figures:
- Annual Protocol Fee: $7,953,100
- Annual Protocol Revenue: $1,606,500
- Annual Operating Costs: $1,117,915
- Annual Protocol Profit: $488,585
6-Month Budget Projection
Total Operating Budget March 2025 - August 2025 (6 months): $579,778
Budget Breakdown
Suggested allocation based on typical DeFi protocol operational structures:
1. Development & Technical Infrastructure (72.09%)
Total: $417,952
- Core Development Team (Dev, Product, Operation, Marketing, BD, Strategy, and Financial Team)
- Substrate Pallet Development
- Smart Contract Development
- Infrastructure Development
- Technical Documentation
2. Infrastructure Maintenance (9.27%)
Total: $53,741
- RPC & Collator Node Service
- Prometheus, Grafana Service
- Test Pipline
- API & Database
- Third-party Service
3. Team Collaboration Tools (1.07%)
Total: $6,218
- Virtual Office
- Communication Channel
- Task Management
- Market Research
4. Community Operations (8.56%)
Total: $49,622
- Ambassador Programs
- Content Writing
- Marketing Cooperation (Podcast, Twitter Space)
- Community Cooperation
- Team Coordination
5. Sustainable Development Fund (9.01%)
Total: $52,244
- Talent Quarterly and Annual Rewards
- Emergency Reserves
- Unexpected Expenses
- Market Volatility Buffer
Expected Outcomes
- Enhanced protocol functionality and security
- Expanded presence in target ecosystems (Polkadot, Ethereum, Arbitrum, Base, BSC, Kusama, Astar, Moonbeam, Manta)
- Successful integration of SLPx into new L1 & L2 ecosystems
- Increased TVL and vToken adoption
- Increased RSP partners
- Improved community engagement and protocol governance
Key Performance Indicators (KPIs)
- TVL Growth
- Protocol Revenue Increase
- Number of New Ecosystem Integrations
- User Base Growth
- Community Engagement Metrics
Budget Review and Adjustment
- Monthly review of budget allocation and spending
- Quarterly performance assessment
- Flexibility to reallocate funds based on market conditions and priorities
- Regular reporting to the community on budget utilization
Risk Management
- Maintain emergency funds for market volatility
- Regular security audits
- Diversified resource allocation
- Continuous monitoring of market conditions
Proposal Execution Details:
- Based on the 7-day (2/17 ~ 2/23) average day close price of DOT $4.93, a total of 117,602.02 DOT
- The request token will be vDOT, 1 vDOT = 1.465985 DOT (2025/2/23)
- Request: 80,220.48 vDOT
- Beneficiary: 133VgJJgp1s9wxLqgCFxYx6T873hZQNchJM9tmbU6NkYaaqW (Bifrost Foundation)
This budget proposal aims to support Bifrost's growth while maintaining operational efficiency and community trust. All figures can be adjusted based on community feedback and changing market conditions.