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- **Fee Changes for vDOT:** Two fees are being changed to help vDOT compete with regular DOT staking.
- **Unstake Fee:** Lowered from 0.1% to 0%, making it free to redeem vDOT for DOT during the campaign.
- **DOT Commission Fee:** Reduced from 10% to 5%, so vDOT holders keep more of their staking rewards.
- **Automatic Execution:** Changes are scheduled to happen automatically at a specific block and time.
- **Campaign Goal:** Improve vDOT's appeal by increasing effective yield and reducing user costs.

Preparing

whitelisted_caller

Set vDOT Unstake Fee to 0% and Commission Fee to 5%

liquid_staking

delegated_voting_admin

Signal: Do we want native meme infrastructure on Polkadot Hub? (plaza.fun, 1 DOT)

- We added money to a special pool to help people trade easily.
- The money came from our treasury, which is like a big piggy bank.
- We used about 38.8 ETH in total.
- Some of it was in ETH and some was changed into vETH.
- This helps make trading smoother with less price change.
- The amounts of ETH and vETH were chosen to match what was already in the pool.
- This action was approved by a community vote called Referenda #216.

Executed

Add Liquidity to vETH-ETH Stable Swap Pool

- A vote is happening to add two new lending markets.
- The first market is called ETH_HP.
- The second market is called vETH.
- Both markets will have supply and borrow caps of 10,000.
- ETH_HP can be used as 60% collateral and has a 70% liquidation threshold.
- vETH can be used as 80% collateral and has a 90% liquidation threshold.
- Both markets will be activated and receive initial liquidity.

Implement Launch vETH Loop Stake

- This plan uses some of the treasury's extra money to make a trading pool better.
- It will add money to a pool that lets people swap between ETH and vETH (a staking token).
- This makes it easier and cheaper for everyone to trade between these two tokens.
- The goal is to help people who stake their ETH and to make the vETH token stronger.

Add Liquidity to vETH-ETH Stable Swap 

- The community voted to use extra ETH reserves to help the protocol work better and give users more rewards.
- 35% of the extra ETH will be turned into USDT and used in safe strategies to earn money for the treasury.
- 15% of the extra ETH will go to vETH Loop Stake to help with lending.
- This plan keeps support for staking while making the protocol safer in uncertain markets.
- The ETH will be taken from the treasury and added to vETH Loop Stake.
- This will allow more borrowing, support bigger staking, make vETH use more efficient, and add variety to strategies.
- Users can then use their vETH better to earn higher rewards through staking.

Launch vETH Loop Stake

- Bifrost Polkadot is a computer program that got an update.
- The new version is bigger and has some changes to make it work better.
- It now has a new part called "bifrost-slp-v2" that helps with staking, which is like earning rewards for helping the network.
- The program was updated to work with newer software from Polkadot.
- Some small fixes were made, like how it changes money types and handles data.
- The update also made sure the program's "weights" (how much work things take) are correct.
- You can find the full list of changes online if you want to see everything.

Upgrade Bifrost-polkadot to Runtime 0.23.3

This proposal has two main goals:

1. **Change farming rewards** for 8 different pools on Polkadot.
2. **Move 41,985 BNC tokens** from the Treasury to the Bifrost Foundation.

It also asks to **move USDT funds** to a new wallet to help pay for cross-chain fees.

Farming Adjustments and Charge - March-April 2026

- Bifrost Polkadot is a computer program that helps with blockchain technology.
- The new version is 0.23.2, which is an update from 0.23.1.
- It's a big program, about 3 MB in size, but it's compressed to save space.
- The update includes changes to the polkadot-sdk, which is a set of tools it uses.
- You can find more details about all the changes in the full changelog link.

Upgrade Bifrost-polkadot to Runtime 0.23.2

Sibling Reserve Migration Before The Next Runtime Upgrade

Refuel vDOT Farming Reward

- Bifrost needs money to run from March to May 2026.
- They want about $285,000 to keep working.
- Most of the money (over 70%) is for the team to build and improve the website and technology.
- Some money is for keeping the computers running, for team tools, and for telling people about Bifrost.
- They also have a savings fund for the team's future.
- They plan to make their system faster and safer.
- They want to work with other companies to help more people use their service.
- They will measure success by how many people use Bifrost and how well it works.

Bifrost Operating Budget Proposal (March 2026 - May 2026 for 3 Months)

Execution Failed

Deposit Reserved bbBNC Rewards to Buyback Pool

Resume User's Failed Cross-chain Asset

- We have a very big amount of ETH saved up.
- We will split it into four parts.
- 10% will stay as extra savings.
- 30% will be used for liquidity.
- 30% will be used for LoopStake.
- 30% will be kept in the treasury.
- We will move some ETH to a special address and then burn it.
- This helps manage our savings carefully.

Proposal for the Execution of vETH Excess Reserve Handling

- Bifrost will stop supporting vGLMR and vMOVR tokens.
- Starting March 1, 2026, these tokens will no longer earn rewards.
- You can still redeem them for GLMR or MOVR.
- Starting March 8, 2026, redemptions will be instant.
- Move your tokens out of other apps before redeeming.
- Bifrost is focusing on other projects for better growth.

Sunset of vGLMR & vMOVR

- **What Happened:** Some money that was supposed to be moved to a safe spot got stuck and didn't arrive on time.
- **The Plan:** We want to move this stuck money to a special safe called the Vault so people can get their money back.
- **What We're Moving:**
    - A big amount of ETH.
    - A big amount of MANTA.
- **Where It's Going:** To the Vault's safe address.

[Whitelisted Caller] Referendum #203: Transfer Timed-Out ETH and MANTA from ReadyPool to Vault for User Redemption

- Bifrost Polkadot is a big computer program.
- It got an update to version 0.23.1.
- Some old parts were removed to make it better.
- A message timeout was increased from 3 to 12 hours.
- This helps messages have more time to send.
- The update makes the program work smoother.

Upgrade Bifrost-polkadot to Runtime 0.23.1

[Whitelisted Caller] Referendum #201: Transfer Timed-Out base_ETH from ReadyPool to Vault for User Redemption

[Whitelisted Caller] Referendum #200: Transfer Timed-Out base_ETH from ReadyPool to Vault for User Redemption

TimedOut

Fix ULTRAOPS/FERMI VBL, Remove KAZAKI

- A proposal wants to move FIL coins to a new network.
- It will burn FIL in old addresses and send new FIL to new addresses.
- Six users want to move their FIL.
- They have shown proof of their request.
- The amounts range from about 33 to 987 FIL.
- After approval, the Bifrost team will do the transfer.
- This helps users use FIL on the newer EVM network.

OpenGov Referenda

Referenda Tracks