candidates

members

proficients

fellows

senior_fellows

experts

senior_experts

masters

senior_masters

grand_masters

Origin able to dispatch a whitelisted call.

whitelisted_caller

Executed

Create vBNC-BNC Farm, Request Incentive From Treasury

TimedOut

vBNC migration 3-3 Migrate managed BNC & 3-4 Migrate Swap LP

### Bifrost Polkadot Runtime Summary

- **Runtime Size**: 2.257 MB (2,366,196 bytes)
- **Compressed**: Yes, 76.83%
- **Metadata Version**: V14
- **Core Version**: bifrost_polkadot-15001 (bifrost_polkadot-0.tx1.au0)
- **Hashes**: 
  - `system.setCode`: 0xc64d46f909951d957689677602f423c1e1890af5e45d16b884efa1e92cb41a34
  - `authorizeUpgrade`: 0xfa0599cc2fa193731e168dff21af5ab67dac18b42c03d18a1d4c5bea5f12e440
  - `Blake2-256`: 0xdf9ef4735ce9a8220173c091ac333201da57f750d16f8ee1912ef42835a5b2e2
- **IPFS Link**: [https://www.ipfs.io/ipfs/QmP5WsavcEArip4bMqUgcfqZg717dd32wKVwUChQeUDHxi](https://www.ipfs.io/ipfs/QmP5WsavcEArip4bMqUgcfqZg717dd32wKVwUChQeUDHxi)
- **Changes**: Fixed SLP transfer issue in PR [#1518](https://github.com/bifrost-io/bifrost/pull/1518) by @hqwangningbo.
- **Full Changelog**: [bifrost-v0.15.0...bifrost-v0.15.1](https://github.com/bifrost-io/bifrost/compare/bifrost-v0.15.0...bifrost-v0.15.1)

Upgrade Bifrost-polkadot to Runtime 0.15.1

### Summary

- Bifrost is migrating collator rewards and vBNC to Bifrost-Polkadot.
- To ensure the rewarding system works smoothly, Bifrost will top up collator rewards for 1 year.
- The total reward for 1 year is 788,400 BNC.
- The emission rate will remain at 180 BNC per round, with each round lasting 600 blocks (approx. 12 seconds per block).
- The Bifrost Treasury address is: c3xCFsLRpqtDU4PoPRGS8eRvYmiCXbEuCzrGexnBe8pusLb.
- The Collator Reward Pallet address (rewarding address) is: eCSrvbA5gGNQr7VZ48fkCX5vkt1H16F8Np9g2hYssRXHZJF.

Fuel 1 year Collator Reward

Slp vGLMR transfer back

Accept HRMP request from Crust and send back

### vBNC Migration Process Summary

1. **Initialization**: Configure SLP (Simple Ledger Protocol) for vBNC (virtual Bifrost Native Coin).
2. **Calldata**: Contains detailed configuration data for vBNC, including minting and redemption settings.
3. **Temporary Settings**: Minting and redemption quantities are set to 1,000,000,000 BNC/vBNC to prevent operations during migration.
4. **Future Actions**: Minting and redemption functions will be enabled after the migration is complete.
5. **Purpose**: Ensures smooth transition and stability during the migration process.
6. **Protocol**: Uses Simple Ledger Protocol for managing vBNC configurations.
7. **Quantity Management**: Temporarily restricts large-scale minting and redemption to maintain balance.
8. **Completion**: Planned to reopen functions once migration tasks are finished.

Initialize vBNC on the Bifrost-polkadot side

### Bifrost Polkadot Runtime Summary

- **Runtime Size**: 2.257 MB, compressed to 76.83%
- **Metadata Version**: V14
- **Core Version**: bifrost_polkadot-15000
- **IPFS Link**: [IPFS](https://www.ipfs.io/ipfs/QmZ1pw7B2A2AWBoCK8eedrdZ8EnV6PXf1V9GUBsQxPYQw8)

### Changes

- Removed Docker update
- Bumped subwasm version
- Updated dependencies
- Fixed SLP vFIL transfer issue
- Upgraded to polkadot-v0.9.38
- Optimized code and fixed bugs
- Added support for new features like vASTR and OpenGov
- Upgraded to polkadot-v1.1.0
- Introduced new pallets and optimized existing ones

### New Contributors
- **joethechicken**
- **RustNinja**
- **arrudagates**
- **alistair-singh**

Upgrade Bifrost-polkadot to Runtime 0.15.0

### Snapshot-Based vBNC Migration Plan

- **Objective:** Migrate vBNC from Bifrost-Kusama to Bifrost-Polkadot due to lack of cross-chain support.
- **Method:** Use a snapshot-based migration process to ensure timely completion.
- **Timeline:** The entire process will take about 4-5 working days, starting on November 27.
- **Phases:**
  1. Initialize vBNC on Polkadot.
  2. Suspend services on Kusama.
  3. Snapshot and migrate assets.
  4. Distribute new assets and resume services on Polkadot.
  5. Clean up residual data on Kusama.
- **Community Actions:**
  - Check and record your vBNC holdings.
  - Unstake BNC from Kusama and transfer to Polkadot.
  - Pre-mint vBNC on Kusama to simplify the migration process.
- **Tutorial:** Available for pre-minting vBNC on Bifrost-Kusama.

Proposal: vBNC migration from Bifrost-kusama to Bifrost polkadot

### Summary of Farming Adjustment Proposal

1. **BNC Transfer**: Move 45,605 BNC from the Treasury to the Bifrost Foundation.
2. **Pool Adjustments**: Modify reward emissions for various pools.
3. **BLP Rewards**: Distribute Treasury funds to charge BLP rewards in stable pools.

#### Specific Adjustments:
- **vDOT/DOT Pool**: 9,728 BNC and 15,470.58 BLP.
- **vDOT-USDT Pool**: 8,680 BNC.
- **vGLMR/GLMR Pool**: 12,325 BNC and 4,310.14 BLP.
- **vsDOT/DOT Pool**: 6,166 BNC and 8.44 BLP.
- **vDOT Pool**: 8,705 BNC.

**Total**: 45,605 BNC transferred.

Edit & Charge Farming Pools During Nov-Dec

### Summary of Proposal

- Hydration has initiated a second liquidity campaign, including incentives with HDX and vDOT.
- The campaign aims to support vDOT liquidity on Omnipool.
- The proposal requests 100,000 BNC from the Treasury to fund the incentives.
- If approved, the Bifrost Foundation address will receive 100,000 BNC.
- Hydration will set up a global farm for the incentives.
- The Bifrost Foundation will provide 100,000 BNC for vDOT mining in the global farm.

Request 100,000 BNC from Bifrost Treasury for fueling the incentive in Hydration vDOT

Rejected

Referenda 46 Failed to execute, re-execute

Getting back locked up assets

Bifrost Polkadot Runtime is a software program that has been updated to version 0.14.0. It has a large size of 2.361 MB and is compressed. The metadata version is V14 and the core version is bifrost_polkadot-14000. There have been several changes made to the software, including optimization of various pallets, removal of unnecessary methods, and updates to dependencies. The full list of changes can be found in the provided link to the changelog.

Upgrade Bifrost-polkadot to Runtime 0.14.0

Set Fellowship Proposal Bot Identity

Bifrost Polkadot Runtime:
- The size of the runtime is 2.343 MB (2,456,345 bytes).
- The metadata version is V14.
- The core version is bifrost_polkadot-13000 (bifrost_polkadot-0.tx1.au0).
- There have been updates to dependencies such as clap, openssl, and serde_json.
- There have been changes to various parts of the code, including removing getters in different modules and optimizing certain features.

Upgrade Bifrost-polkadot to Runtime 0.13.0

- Bifrost is updating the way addresses are displayed on their platform.
- The new address format will be more universal and have stronger consensus.
- The update will not affect the chain or any services on it.
- Bifrost is responsible for updating their Dapp and Polkadot.js.
- Other external services like wallets and exchanges may also need to update their systems.

Proposal: Adjust Bifrost address to Consensus-Based Address Formats

Migration of Slpx account balances

- The proposal has 3 objectives for farming adjustment.
- The first objective is to transfer 47,786 BNC from Treasury to Bifrost Foundation for charging.
- The second and third objectives are to edit adjusted pools and dispatch Treasury to charge BLP to Stable Farms.
- The adjusted pools table shows the pairs, Pid, BNC, ZLK, and BLP with decimals.
- The total BNC transferred is 47,786.

Farming Reward Charging - Sep-Oct

- Bifrost is proposing to increase the commission rate of vDOT to 10% to prepare for the launch of Bifrost Tokenomics 2.0.
- This will encourage more people to use vDOT, which will help grow the user base and increase Bifrost's revenue.
- Bifrost Tokenomics 2.0 will offer enhanced benefits to users holding both bbBNC and vDOT, which will motivate bbBNC holders to mint more vTokens and drive up total protocol revenue.
- Increasing vDOT's commission rate is crucial for attracting partners to the Reward-Share Program (RSP) and expanding its user base.
- With more partners, vDOT can be used in more applications, which will benefit the entire ecosystem.

[1] Origin: WhitelistedCaller