I think its great to see more diversification as well as interest in the VBL track especially those who are focused in the DOTSAMA ecosystem, are part of the 1KV program and have interacted and used  Bifrost. Furthermore, I do think the liquidity provision from the applicant is particularly important and it would be great to see more liquidity provisioning from this applicant if this application passes. 

 I am in support of this and lets assess its value add if it passes and during its VBL lifecycle.

[@dKqG...PFt8](dKqG4d1fZfZj3vznFZsAzryhBtr38B2a9yXCETX39diPFt8-bifrost-polkadot) 

Many thanks for your support! Fully agree that this collaboration benefits both parties (Validator & Bifrost), it'll probably lead to similar proposals from other DOTSAMA validators in the future.

We at Iceberg Nodes know quite well LEGEND thanks to his great Job inside DotSama Eco.
Hi is more than recommendable, we're really happy to see this candidacy post.
We're supporting Bifrost since time and we're proud of such partnership.
A new entry like LEGEND can really improve significantly the contribution to Liquid Staking growth inside our ECO.
To make a long story short:
We strongly support this Candidacy!!! 

[@Michele_Iceberg](/user/Michele_Iceberg) 

Many thanks Michele for your support, this is much appreciated! LEGEND will do its utmost efforts to contribute the Bifrost ecosystem!

Considering that the highest commission among vDOT’s current validator delegates is only 1%, the 3% in the proposal is still a bit high. If the commission can be appropriately lowered(eg. 2%), the proposal can be passed more easily.

[@fAGg...sUEu](fAGgdvAYwqCwpt3Wda1mzpACnNyESbfgfgvm1RLSudBsUEu-bifrost-polkadot) 

Hi, we agree the fee is the highest among other validators, but it's still reasonable in absolute value.

Keep in mind that 1kv validators aren't always active (only 10% of the time on average = ~3 days a month), hence, it's much more difficult for them to survive with too low fees.

Having said that, assuming the proposal passes, and our activity ratio will significantly increase accordingly, we'll happily reduce the fees to the levels you've mentioned. 



[@fSHy...LjZR](fSHyeHnVVq1w43PqwMLV4onBdqxrRt1cyjKYs25xdXVLjZR-bifrost-polkadot) fair! good luck 

Thx for this proposal, it's very interesting and coming from a true engaged validator in the ecosystem !
Validator fees have to be decreased to 3% at a minimum.

[@h5gA...jHjf](h5gANqxP4zeKVDx5u3RW5URDzYqDDeidLbcYwMmGBUQjHjf-bifrost-polkadot) 

Many thanks for your kind words. As promised, fee will be reduced to 3% the moment the proposal will pass. 

**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