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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.

Executed

liquid_staking

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.

whitelisted_caller

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.

Rejected

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.

root

[Root] Wrong Transfer to Binance Address on Bifrost Polkadot Chain

TimedOut

Re-executing failed BNCS farming adjustments

Bifrost-finance has released version 0.12.0 with several updates and fixes. Here are the key highlights:

- The update includes support for universal Ledger app and Snowbridge cross-chain detail processing transformation.
- EVM address transaction is now supported.
- The issue of vtokenVoing.remove vote failing in some cases has been fixed.
- Assethub cross-chain fee processing has been optimized.
- OpenGov whitelistcaller track parameters have been adjusted, and proposals can now be passed faster.

Upgrade Bifrost-polkadot to Runtime 0.12.1

1. A person accidentally sent their DOT tokens to the wrong address.
2. The tokens are now stuck in an address that cannot be retrieved by the intended recipient.
3. The exchange, Binance, cannot retrieve the tokens due to technical limitations.
4. The person is seeking community support to potentially address the issue at the network level and retrieve the tokens.
5. A formal proposal will be drafted based on community feedback to prevent similar losses in the future.

Wrong cross-chain DOT transfer from Bifrost-Polkadot to CEX using Talisman

Establishment of HRMP channel with BridgeHub

Apply BNC for incentivizing vASTR liquidity in Hydration Omnipool

- BNCS farming is a way to earn rewards by contributing to the Bifrost network.
- The first phase of BNCS farming is ending, and a new proposal is being made to adjust the rewards.
- The new proposal will reduce the BNC rewards to zero and increase the DOT rewards slightly.
- The BNCS foundation will provide some of the DOT rewards, and users can also earn rewards by recharging DOT to the farming pool.
- These changes will take effect at a certain block height and will last for six months.

Update BNCS farming pool

Bifrost wants to open XCM channels with other active parachains like Crust, Nodle, Centrifuge, NeuroWeb/OriginTrail, Ajuna, KILT, Zeitgeist, Polimec, EnergyWebX, and Mythical. This requires locking 20 DOT in Bifrost's child account on Polkadot, but it is low to no risk. After this referendum, there will still need to be two more rounds of referenda to fully open these channels. Batching all of these channel open requests together reduces the number of referenda required. The Chopsticks config for Bifrost was updated to separate out settings for the Bifrost Kusama chain vs Bifrost Polkadot chains to test this proposal with Chopsticks.

Initiate opening 10 XCM channels to other active parachains

1. Equilibrium chain lost its Polkadot slot lease and stopped producing blocks.
2. This proposal suggests closing HRMP channels to and from the Equilibrium chain.
3. XCM uses reserves on each parachain instead of actually moving tokens between chains.
4. Closing the channels will prevent impersonation and accidental user mis-use.
5. Moonbeam has already closed their Equilibrium channel.

Close HRMP/XCM channels to Equilibrium

- 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 Finance has made several updates to its platform. Here are the important changes:

- Bifrost Finance now allows Snowbridge bridged ERC20 Reserves from Asset Hub.
- A new feature called buyback has been added to the platform.
- SLPx mint support commission ID has been added.
- A new vtoken exchange rate RPC has been added to the platform.
- Several bugs have been fixed and improvements have been made to the platform.

A new contributor named alistair-singh has made their first contribution to the platform. 

For more detailed information, you can check out the full changelog at the provided link.

Upgrade Bifrost-polkadot to Runtime 0.11.0

- Bifrost Native Token (BNC) and Voucher DOT (vDOT) are two types of digital tokens.
- BNC has 12 decimal places and vDOT has 10 decimal places.
- Both tokens require a deposit to be made in order to use them.
- The tokens are associated with a Parachain called X2.
- The content includes a long code (calldata) that is not explained.

OpenGov Referenda

Referenda Tracks