candidates

members

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Deciding

whitelisted_caller

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

liquid_staking

Option A: Governance Participation Affects bbBNC APY

Preparing

Fix ULTRAOPS/FERMI VBL, Remove KAZAKI

Executed

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

- 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.

FIL Governance Cross-chain – January 2026

Initialize vETH support for ETH_AH

- **vETH 1.0 is an old version** that some people haven't updated yet.
- **You can update it yourself for free** until January 31, 2026.
- **After that date**, you can still update it by filling out a form.
- **Extra money from the old version** will be used to help the project grow.
- **The money will be split up** to make the project better and help users earn more.
- **Some money will be kept** for emergencies and to help people update.
- **Some money will be added** to trading pools to make it easier to buy and sell.
- **Some money will be saved** for future ideas and improvements.

vETH 1.0 Migration Timeline and Reserve Reallocation

Initialize WAVE to bbBNC Swap Function

- Bifrost Polkadot is a blockchain system that got an update.
- The new version is bigger than before, at about 3 MB.
- It has a special code to help it run better.
- The update includes changes to how fees are handled.
- It adds new features for staking, which is like earning rewards.
- Some old parts were removed to make it simpler.
- There are fixes to make sure everything works correctly.
- The update also improves how the system talks to other blockchains.

Upgrade Bifrost-polkadot to Runtime 0.23.0

- We are giving rewards to collators for 3 more months.
- They will get 197,100 BNC in total.
- Each round gives 180 BNC, and a round is about 2 hours.
- Rewards come from the Bifrost Treasury.
- They go to a special reward address for collators.
- This helps keep the network running smoothly.

Renew Collator Incentive - 3 months

Resume User's Failed DOT XCM

Option B: Governance Participation Earns Lottery Tickets

Deposit Reserved bbBNC Rewards to Buyback Pool

-   People who helped with the BNC event can choose how to get their rewards.
-   They can pick **Option A**: get BNC tokens slowly over 12 months.
-   Or, they can pick **Option B**: wait 2 months, then get bbBNC tokens locked for 1 year. These tokens can earn extra rewards.
-   The community needs to vote on whether to offer this choice.
-   Voting **Aye** means you want the bbBNC option.
-   Voting **Nay** means you want to keep the original 12-month plan.

Rejected

Choice of Rewards Distribution for Round 1 & 2 (BNC Vesting vs. bbBNC Lockup)

- Bifrost needed more money because the price of DOT went down.
- They had a plan to pay for things from September 2025 to February 2026.
- When they turned their DOT into US dollars each month, they got less money than expected.
- They are asking for extra tokens to cover the missing amount.
- The extra tokens are called vMANTA, vASTR, vKSM, and vDOT.
- This money comes from fees the system earned earlier and won't hurt current users.
- The team is working on a new way to exchange money to avoid this problem in the future.
- Bifrost has enough money saved to keep running for a long time, even if they earn nothing new.

Funding Replenishment - Bifrost Operating Budget Proposal (Sep 2025 - Feb 2026 for 6 Months)

- This plan wants to change how farming rewards work.
- It has two main parts.
- First, it will change how many rewards some pools get.
- The pools include ones with DOT, BNC, and other tokens.
- Second, it will move some BNC tokens from the Treasury.
- It will move 35,538 BNC to the Bifrost Foundation.
- This is to help pay for the rewards.

Farming Adjustments and Charge - Jan-Feb 2026

[Whitelisted Caller] Repair Hydration redemption DOT

Vote this for WAVE Conversion Option C

Vote this for WAVE Conversion Option B

Vote this for WAVE Conversion Option A

TimedOut

root

Submitted by mistake, please ignore.

- Subscan is asking for money to keep Bifrost and Bifrost Kusama running smoothly in 2025.
- They help people see and use blockchain data.
- The total cost is $19,535, but they are giving a discount.
- After the discount, they need $18,535.
- This will be paid in BNC coins.
- They promise to try to lower costs in the future.
- The money will help make sure the blockchain stays fast and reliable for everyone.

Subscan 2025 Q3–Q4 Funding Proposal: Operation and Maintenance Fee for Bifrost and Bifrost Kusama

Here's what the batch will do:

- Make a new pool for swapping vETH and ETH
- Set the starting exchange rate for vETH and ETH
- Turn on automatic updates for the vETH rate
- Add 5 different ETH and vETH fees
- Send vETH reserves to an Ethereum address
- Set up a commission channel for vETH
- Add vETH to two different fee-sharing groups

Initialize the remaining vETH on-chain logic

- Luigi is a crypto teacher from Italy.
- He wants to help people learn about Bifrost's liquid staking.
- He will make a video and social media posts about it.
- He runs two nomination nodes for Polkadot.
- He has many followers on Twitter, YouTube, and other sites.
- He will not ask for any tokens from the project.
- He plans to promote Bifrost on Twitter with special events.

OpenGov Referenda

Referenda Tracks