candidates

members

proficients

fellows

senior_fellows

experts

senior_experts

masters

senior_masters

grand_masters

- The Kusama chain has a total account balance of 80,763,731,286,926,555,647, with an excess of 763,731,286,926,555,647.
- The Polkadot chain has a total account balance of 79,999,995,154,039,829,347, with a decrease of 4,845,960,170,653.
- The cross-chain governance bridge totals 80,000,000,923,080,910,000, with an excess of 923,080,910,000.
- Excluding the bridge, the total is 80,763,725,517,885,474,994, with an excess of 763,725,517,885,474,994.
- To fix the totals:
  - Decrease Kusama's special address and treasury.
  - Increase Polkadot's treasury.
  - Adjust both chains' cross-chain governance bridges.
- After adjustments, both chains and the bridge will have totals of 80,000,000,000,000,000,000.

Executed

whitelisted_caller

TotalIssuance Fix Step 1

Rejected

root

### Bifrost Polkadot Runtime
- Runtime size: 2.259 MB (large)
- Compressed: Yes, 76.81% smaller
- Metadata version: V14
- Core version: bifrost_polkadot-15003
- Changes include adjusting vtoken voting storage
- Full changelog: [bifrost-v0.15.2 to bifrost-v0.15.3](https://github.com/bifrost-io/bifrost/compare/bifrost-v0.15.2...bifrost-v0.15.3)

Upgrade Bifrost-polkadot to Runtime 0.15.3

### vFIL Decommissioning Summary

- **Background**: vFIL, a Filecoin Liquid Staking Token (LST) by Bifrost, faced issues like poor cross-chain experience, lack of on-chain applications, and insufficient synergy with Filecoin's FEVM.
- **Decommissioning Phases**:
  1. **Q4 2024**: Stop FIL deposits and vFIL minting.
  2. **Q1 2025**: Transfer unlocked FIL to Bifrost’s pool as sealed FIL expires.
  3. **Q1-Q2 2025**: Enable fast vFIL redemption and FIL transfer back to Filecoin.
  4. **June 30, 2025**: Disable FIL cross-chain bridge.
  5. **Post-June 2025**: Users can still redeem vFIL, but FIL transfers require governance proposals.
- **User Actions**: Complete vFIL redemptions and FIL transfers during Phase 3 to avoid delays.
- **Future Plans**: Bifrost aims to relaunch FIL LST services with improved user experience, safety, and ecosystem collaboration.

Proposal: Orderly decommissioning of vFIL services

Fuel BNC Liquidty in CEXs

Top up vBNC-BNC by using migrated farming issuer

### Bifrost Polkadot Runtime
- **Runtime Size**: 2.257 MB (2,366,317 bytes)
- **Compressed**: Yes, 76.83%
- **Metadata Version**: V14
- **Core Version**: bifrost_polkadot-15002
- **IPFS Link**: [IPFS](https://www.ipfs.io/ipfs/QmU8Da9fR9LuV6gnxYH4D72nzdT8FTxe5sd6urFMsAfK2W)

### Recent Changes
- Separated logic for retrieving current block for different tokens.
- Fixed vtoken voting.

**Full Changelog**: [GitHub](https://github.com/bifrost-io/bifrost/compare/bifrost-v0.15.1...bifrost-v0.15.2)

Upgrade Bifrost-polkadot to Runtime 0.15.2

Create BNC/USDT LP + Farming

**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.

liquid_staking

Referendum #64 - LEGEND VBL Polkadot (Renewal)

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

### Funding Proposal for Bifrost Operation and Maintenance

- **Purpose**: Request for funding to cover operation and maintenance fees for Subscan Explorer services on Bifrost.
- **Services Provided**: 
  - Computing resources, database storage, network bandwidth.
  - Monitoring, technical support, and node status notifications.
- **Current Charges**: Tiered pricing based on data usage.
  - Basic: Up to 200 GB at $799, then $5.3/GB.
  - Advanced: Up to 500 GB at $1,699, then $5.2/GB.
  - Professional: Up to 1 TB at $2,999, then $5/GB.
- **Usage Statistics**: 
  - Bifrost Network: 269.17 GB.
  - Bifrost Kusama Network: 213.77 GB.
- **Requested Amount**: $6,418, to be converted to BNC based on the EMA7 price.
- **Exchange Rate**: 
  - BNC EMA7 Price: $0.190143.
  - Number of BNC: 33,753.543385.
- **Impact**: Ensures smooth operation and growth of Bifrost networks.

OpenGov Referenda