candidates

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### 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.

Executed

whitelisted_caller

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

TimedOut

root

### 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.

treasury_spend

2024-Q3-Bifrost Network-Subscan Funding Proposal for Operation and Maintenance Fee

Rejected

Accept HRMP request from Crust and send back

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

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.

liquid_staking

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

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

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

- 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.

Recover vDOT Commission Rate to 10%

- Someone made a mistake and sent 1000 USDT to the wrong place.
- They sent it to Binance on a chain called Bifrost Polkadot.
- Binance doesn't work with that chain, so they can't give the money back.
- The person wants the transaction cancelled and the money returned to where it came from.
- They provided some details about the transaction to help fix the problem.

OpenGov Referenda

Referenda Tracks