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Origin for managing validator node of SLP protocol.

liquid_staking

**LEGEND (Polkadot)**

- **Node Provider:** Node Runner FZCO, based in Dubai, UAE.
- **Networks:** Operates validators on Polkadot, Kusama, Moonbeam, and Moonriver.
- **Polkadot Validators:** 4 validators, one in the Polkadot Decentralized Nodes (DN) program.
- **Kusama Validators:** 4 validators, two in the Kusama Decentralized Nodes (DN) program.
- **Moonbeam & Moonriver:** 2 active collators on Moonbeam and 1 on Moonriver, with plans to add more.
- **Commitment:** High self-bond (37k DOT) to ensure validator performance.
- **Contributions:** Active in improving the Bifrost ecosystem and elected to the INFRA fellowship.
- **Request:** Seeking to join the Validator Boost List with a 3% commission.

Executed

Referendum #64 - LEGEND VBL Polkadot (Renewal)

DecentraDOT is a validator in the Validator Boost Program for Bifrost. They want to continue in the program and have made a proposal for it.

They have maintained a commission rate of 1% for the last 6 months and will increase it to 3% for this proposal.

Their validators are in The Netherlands and are monitored to ensure they work well.

They have provided 8,350 vDOT to mint vToken, which helps the Bifrost ecosystem.

They have created guides and content to educate and engage the community. They want to continue contributing to Bifrost.

Rejected

decentraDOT VBL proposal (resubmission)

Zee Prime Labs is a company that runs blockchain nodes for data access and staking/validator nodes of multiple projects. They want to join the Validator Boost List of vDOT with one node. Their commission is 3%. They aim to mainly run a validator node and not participate in token farming or LP. They also provide liquidity on Interlay using solely vDOT as their collateral and promote vDOT in their community. They have 10 users in their community and use channels like their blog and Twitter to share information. They plan to write a blog post on vDOT's importance and share it on Twitter.

Zee Prime Labs vDOT VBL candidacy

DecentraDOT is a validator in the Validator Boost Program for Bifrost. They have been in the program for 6 months and want to continue.
They have a low commission rate of 1% and use secure hardware in The Netherlands for their validators.
They have contributed 8,350 vDOT to mint vToken, which helps with liquidity and stability.
They engage with the community by providing guides on Polkadot and creating content that promotes vKSM and vDOT.
They want to continue contributing to Bifrost and ask for support to stay in the VBL program.

CANCELLED PLEASE IGNORE

TimedOut

- Polkadotters is a group that helps support the Polkadot ecosystem.
- They want to join the Validator Boost List for vDOT.
- They plan to update their liquidity providing DOT tokens on a monthly basis and to mint vDOTs and place them in the one-sided liquidity.
- They will focus more on Bifrost news in their updates and articles.
- They will be more active in Bifrost governance.

VBL Proposal - Polkadotters

- Merkletribe.io and Bifrost.finance have a partnership nomination for the VBL at Polkadot Network consensus.
- MerkleTribe/Kazaki 1EwUAppef3eii8rNEXM44WxVsB6y1apZkfD8ejpwH7d4nmQ is the VBL nomination node for Polkadot.
- Merkletribe.io aims to maintain secure the POS consensus and guarantee a solid staking framework for Liquid staking solutions as Bifrost.
- Merkletribe.io has a Twitter profile with 100~ followers and the Founder Joshua has 5000~ followers in the crypto Italian sector.
- Merkletribe.io will provide 500DOT & 10k ASTR, and will update liquidity providing adding 25DOT Monthly, up to the first milestone of 1000 vDot minted.

VBL Proposal - Merkletribe

Amforc is a company that helps with Polkadot and Kusama ecosystems. They are very good at what they do and have not had any problems. They want to be added to the VBL of vDOT. They are very active in the Polkadot community and attend many events. They also offer 24/7 coverage and are very fast to react to problems.

VBL Proposal - Amforc

- Iceberg Nodes is a node provider that provides secure staking services on different networks.
- They want to be added to the Validator Boost List of Bifrost Polkadot for vDOT and vGLMR.
- They will provide liquidity contributions by providing tokens to mint vTokens and plan to provide vToken liquidity through single token farming.
- They will also provide informational support by organizing live video calls and translating important Bifrost tweets.
- They will produce a bi-monthly periodic report and ensure the nodes' performance.

VBL Proposal - 🧊 Iceberg Nodes 🧊 - July 2024 - Bifrost Polkadot Part

- LEGEND is a node provider company based in Dubai, UAE.
- They want to join the Validator Boost List with one node on the DOTSAMA ecosystem.
- They will provide 1m GLMR and 40k DOT tokens to mint vToken and support liquidity for 6 months.
- LEGEND already minted ~67k vDOT and added it to StellaSwap LP over the last 6 months.
- They are building a new website for Polkadot nominators to help them choose validators and will promote Bifrost there.

Legend renewal VBL DOT - Referendum #20

- Bifrost is planning to adjust the vDOT reward fee back to 10% in three stages.
- Currently, they are in Phase 2, where the fee will be adjusted to 5% for several months until Tokenomics 2.0 is live.
- The goal of this proposal is to generate more income for the Bifrost Treasury and prepare for the upcoming Commission Track Pallet and Tokenomics 2.0.
- Bifrost has already incentivized the first two unlocking events of the Polkadot Crowdloan, so there is no need to reduce the reward fee further.
- Commission Channel and Tokenomics 2.0 are important for Bifrost's expansion of products and ecological cooperation, and the vDOT reward fee will be used to support them.

Adjust vDOT reward fee from 1% to 5%

- Bifrost Tokenomics and Commission Channels are launching this year.
- The vDOT reward fee will be adjusted back to 10% in three phases.
- The goal is to restore the vDOT reward fee from 0.1% to 1%.
- This will generate more income for the Bifrost Treasury and prepare for upcoming developments.
- Commission Channel and Tokenomics 2.0 are important developments for Bifrost.

Adjust vDOT reward fee from 0.1% to 1%

- The SubSquare team created a post to get feedback from the community.
- Since there was no response, they decided to add Staker Space to the VBL pool.
- They are a validator group on Polkadot that focuses on hardware, networking, and decentralization of public networks.
- They want to add Staker Space/2 to the pool, which is located in the Netherlands and has a commission of 1%.
- For more information, you can check out their post or contact them on Element.

VBL application: Staker Space

decentraDOT Validator Boost Proposal

- SubSquare is proposing to add their 1kv KSM validators to the VBL program.
- They have already contributed to the Bifrost ecosystem by minting 45k vDOT and supplying liquidity to the vDOT-DOT LP.
- Their future plans include minting up to 250k vDOT and using it on multiple places across the Polkadot DeFi ecosystem.
- They also plan to do the same with their GLMR treasury.
- They promote and support Bifrost eco-system in any opportunity they have as a community member on important groups across the Polkadot ecosystem.

[10] Origin: ValidatorElection