Proposal #22

Round 2 vsToken(BNC) governance redemption - public proposal #22

Democracy
2yrs ago
1 Comments
Tabled

For details on vsToken(BNC) governance redemption rules, please refer to:
https://forum.bifrost.finance/t/first-round-of-buybacks-for-vsksm-vstoken-bnc-governance-redemption-rules/1769

Since Round 1 vsToken(BNC) governance redemption, we have received 5 governance redemption request.This governance will destroy the vsToken of the corresponding address and transfer the corresponding amount of KSM from the treasury to the corresponding destruction address.

address num Audit results
cMkrEHBn78XYf3w4dJCvYeFnSgcUL83azG8vYJ71XFqUwAz 4.317 KSM Pass
dMc61kFu4mEATQfygy2Y2u1CjPzeiK2PhckBv6ouHUSC1nt 0.105 KSM Pass
FcYaiXFwpQXiENr5XXL1k6kxkgxZHcgBq92yjFoLEdkkkns 2 KSM Pass
DECFCz44gE7fSy9L3rtY7a5zzMvtV2bqMApKRLLkZfoHfe8 19.01 KSM Reject
FNVKcmnnAWEskVVwbgRp5yYrQFSwHi5yfd2JDGKmffHi7GY 1000 KSM Pass

Supplementary note:
In the process of communicating with the owner of the address FNVKcmnnAWEskVVwbgRp5yYrQFSwHi5yfd2JDGKmffHi7GY, we learned that he cannot operate on Bifrost temporarily due to the use of ledger, so we decided to transfer KSM to his other address after negotiation: EfjR47xQJpPcHgkJF1UXZiiVBKQBfgDvuzDfrxadQAeCmd

At the same time, the FNVKcmnnAWEskVVwbgRp5yYrQFSwHi5yfd2JDGKmffHi7GY address also proves the relationship between the addresses provided by it in the form of Remark on the chain. Details: https://kusama.subscan.io/extrinsic/0xe00504e70375f8cfb32adbd7ad6b44339c5d744e63a9c3d89b

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Replenish:
Since the address index on the Bifrost chain is different from that of Kusama, you will find that the address in the Bifrost proposal has a different format from the address in the description, but they are actually the same address. You can verify the correctness of the address by subscan converting the address format:
https://bifrost-kusama.subscan.io/tools/format_transform

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