This proposal will transfer 2/3 of the previously accumulated BNC repurchases to the Bifrost Treasury for reserves for subsequent bbBNC incentives, and the remaining 1/3 will be used to directly launch the first phase of bbBNC incentives.

calldata: `0x320208320300016d6f646c62662f627962636b01000000000000000000000000000000000000000a03006d6f646c62662f74727372790000000000000000000000000000000000000000132824b21399fd20097c056d6f646c62662f627962636b01000000000000000000000000000000000000000180970600040001`

- This is a plan about moving money called BNC
- 2 out of 3 parts will go to a savings account called Bifrost Treasury
- This money will be saved for future rewards
- 1 out of 3 parts will be used right away for rewards
- These rewards are for something called bbBNC
- It's like giving prizes to people who help
- The computer instructions are included to make it happen

call

Executed

Submitted

DecisionStarted

DecisionDepositPlaced

ConfirmStarted

Confirmed

whitelisted_caller

Initiating bbbNC farming incentives

candidates

members

proficients

fellows

senior_fellows

experts

senior_experts

masters

senior_masters

grand_masters

root

fellowship_admin

referendum_canceller

referendum_killer

liquid_staking

system_staking_admin

salp_admin

treasury_spend

delegated_voting_admin

Origin able to dispatch a whitelisted call.

Origin for managing the composition of the fellowship.

Origin for managing validator node of SLP protocol.