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Origin able to dispatch a whitelisted call.

whitelisted_caller

- Bifrost borrowed 1M DOT from Polkadot treasury.
- They used the DOT to provide liquidity in a vDOT-DOT pool.
- This gave them 9,999,280,687,059,620 BLP tokens.
- Now they want to take back the BLP and get vDOT.
- They expect to get 4,095,940,485,554,944 vDOT.

Preparing

DOT Subsidy Repayment Step 1: Withdraw liquidity and redeem vDOT

The Bifrost program got a new update.  
- Big file size of 1.97 MB  
- It fixes bugs and makes rules stronger  
- Adds bigger messages for XCM
- Uses new tools for releases  
- Makes sure data rules are followed correctly

Upgrade Bifrost-polkadot to Runtime 0.24.2

Executed

Refuel vETH Farming Reward

Bifrost Polkadot Runtime is computer code that helps a blockchain work. It is small, about the size of a small photo.
- Runtime size: 1.973 MB
- Compressed: Yes, 81.63%
- Metadata version: V14
- Core version: bifrost_polkadot-24002

Bifrost asks for **$271,379.32 USDT** for June to August 2026.

This money will be used to:

1. **Build new features**: Add a permanent lock option for bbBNC tokens, let vDOT/vKSM holders vote without unstaking, and help launch Pharos LST in September.
2. **Keep systems secure**: Pay for audits, bug bounties, and monitoring.
3. **Maintain computers and tools**: Run nodes for different blockchains and keep developer software working.
4. **Community and marketing**: Run AMAs and small events, saving a bigger marketing push for September.
5. **Team support**: Fund training, rewards, and emergency reserves.

Bifrost Operating Budget Proposal (June 2026 - August 2026 for 3 Months) 

- The plan moves ETH and vDOT between three groups: LoopStake, Treasury, and Foundation.
- ETH is taken out of LoopStake and partly burned.
- vDOT is changed to ETH to add to Hyperbridge ETH reserves and to USDT for the Treasury.
- Remaining ETH is locked so it cannot be used until a later vote.

Treasury Rebalancing & ETH Reserve Management For Hyperbridge_ETH Compensation

- Hyperbridge had a security problem and was paused
- vDOT tokens are stuck and can't go back through the bridge
- This proposal moves 26,486 vDOT to the Bifrost Treasury
- The tokens come from the Hyperbridge reserve account

Withdraw Hyperbridge Reserve vDOT to Bifrost Treasury

Bifrost proposes to adjust farming rewards. They will change how much BNC tokens are given to different pools. They also want to move BNC from the Treasury to the Bifrost Foundation. Lastly, they will send USDT to another account for cross-chain fees.

Farming Adjustments and Charge - May-June 2026

- **What Happened:** The first batch of rewards for bbBNC staking ran out after a vote called Referenda #223.
- **What This Does:** This proposal starts using money from the Bifrost Treasury to keep paying bbBNC staking rewards.
- **How Much:** It moves 115,000 BNC from the Treasury to the reward pool.
- **Why:** To make sure people who stake bbBNC continue to get their rewards without interruption.

Deposit bbBNC Rewards to Buyback Pool (Treasury-subsidized, 1st Batch)

- Bifrost Polkadot is a computer program that helps with blockchain.
- It got an update to version 0.24.1.
- The update makes it work better and fixes some problems.
- It now handles tokens more safely.
- Some small improvements were made to the code.
- The program is about 2 MB in size.
- You can find more details on GitHub.

Upgrade Bifrost-polkadot to Runtime 0.24.1

- This proposal is about giving rewards to collators for 6 more months.
- It will use 98,550 BNC tokens for these rewards.
- Rewards will be given at a rate of 90 BNC every round.
- Each round is about 2 hours long.
- The number of collator seats will be reduced from 16 to 8.
- Rewards will be sent to a specific treasury address.
- Another address will manage the reward payments.

Renew Collator Incentive - 6 months

Move vDOT back to Interlay Sovereign

This is an update for Bifrost on Polkadot.

- It fixes how rewards are given.
- It makes some math simpler.
- It adds a way to try again if a transaction fails.
- It removes some old, unused parts.
- It helps the system work better with other networks.
- It makes the system more stable and secure.
- It updates to a new version called v0.24.0.

Upgrade Bifrost-polkadot to Runtime 0.24.0

Remove vDOT from Interlay sovereign

- This proposal moves some BNC tokens to a special pool.
- The pool is for buying back bbBNC tokens.
- This is the third time this same amount is being moved.
- The amount is 219,268.1264994526 BNC.
- It comes from the Treasury, which is like a community bank.
- The tokens go to a specific account for the buyback rewards.
- This helps support the bbBNC system.

Deposit Reserved bbBNC Rewards to Buyback Pool (3rd Batch)

- A fee change was planned for March 13, 2026.
- This change is now being canceled.
- The reason is a delay in a Polkadot upgrade.
- A campaign called "DOT Pi Day" is also delayed.
- The fee change and the campaign need to happen together.
- A new proposal will be made later when the campaign is ready.
- This ensures the reduced fees start with the campaign activities.

Cancel Scheduled Fee Change at Block 11,475,742

- **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.

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

- 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.

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

- 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.

[1] Origin: WhitelistedCaller