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Origin for managing validator node of SLP protocol.

liquid_staking

- 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.

Executed

Adjust vDOT reward fee from 1% to 5%

- Bifrost Tokenomics and Commission Channels are launching this year.
- The vDOT reward fee will be gradually adjusted back to 10% through three phases.
- The first phase will adjust the fee to 1% for one month.
- The second phase will adjust the fee to 5% for several months until Tokenomics 2.0 is live.
- The third phase will adjust the fee to 10% once Tokenomics 2.0 is live.

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