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- Bifrost is proposing a plan for the Kusama Treasury Fund Roadmap.
- The plan involves shifting away from the original proposal to prioritize vKSM-KSM for utility scenarios and cross-chain interactions.
- The next step involves providing initial liquidity of $50,000 to MangataX, a next-generation DEX that makes tokens from all ecosystems tradable on a single exchange.
- Bifrost will withdraw $50,000 liquidity from Zenlink vKSM-KSM LP and deposit it to MangataX.
- MangataX will provide an incentive of 8,250,000 MGX, 20.44% APR for the first two weeks, and then it will be adjusted every two weeks.

Kusama Treasury Fund Step 2

Iceberg Nodes is a node provider that offers secure staking services for Polkadot, Kusama, Moonbeam, and Bifrost ecosystems. They are highly involved in community activities, governance on chain, and technical support to project teams. They want to join the Validator Boost List for Polkadot, Kusama, Moonbeam, and Bifrost. They plan to provide liquidity for GLMR and BNC tokens. They will also provide educational initiatives around Bifrost SLP or Bifrost service in general. They will produce a monthly periodic node run report for each validator/collator in the VBL.

SLP Boost Validator List proposal - 🧊 Iceberg Nodes 🧊

Merkletribe is a company that helps keep the Kusama Network secure. They want to work with Bifrost to make sure staking is safe. They have nominated three nodes for the Validator Boost List. They will provide tokens to mint vToken and plan to provide liquidity. They will also give monthly reports on their work. They want to make more partnerships with other businesses.

SLP Boost Validator List proposal [UPDATED] - Merkletribe

- Staking4All is a company that helps people earn rewards by participating in the world of PoS consensus.
- They offer staking options for multiple blockchains like Bifrost, Polkadot, Kusama, Polygon, Near, Harmony One, and more.
- They have a non-custodial delegation service that makes it easy for anyone to participate in PoS consensus.
- They have nodes for Polkadot, Kusama, and Bifrost.
- They are active in the Polkadot community and can be found on their website, YouTube, Twitter, and Discord.

SLP Boost Validator List proposal - 🥩 Staking4All 🥩

Merkletribe.io and Bifrost.finance are working together to maintain a strong partnership. They have nominated three nodes for the Kusama Network consensus and plan to nominate more for DOT and vBNC collator list. Their aim is to maintain secure POS consensus and guarantee a solid staking framework for Liquid staking solutions. They have also nominated two official Merkletribe validators on Kusama. Merkletribe team is open to discussing any solutions and suggestions.

SLP Boost Validator List proposal - MerkleTribe

- 0xACID is a new protocol that helps people earn more money while keeping their assets safe.
- The team behind 0xACID has experience with successful projects like MetaversePRO.
- People who invest in 0xACID can earn high returns on their investment and get all the profits.
- The token sale for 0xACID will start on March 3rd and last for 24 hours.
- The fundraising will be on two networks, Arbitrum and Ethereum, and people can participate on a first-come-first-served basis.

Introducing 0xACID 

- Masternode24 is applying for the Validator Boost List selection in Moonbeam and Polkadot to support Bifrost growth.
- They have a Polkadot Validator and a Moonbeam Collator.
- They plan to contribute as a liquidity provider for DOT and GLMR trading pairs.
- They will talk about Bifrost vTokens with their delegates and social media channels to gain more reach and popularity.
- They are open to other cooperation opportunities once they have expanded their team.

SLP Boost Validator List proposal - Masternode24

1. Allnodes is a node provider that helps people stake and run nodes.
2. They want to join the Validator Boost List with 6 nodes on PolkaDot, Kusama, and Moonriver networks.
3. They have a heavy presence in North America, Europe, and Asia.
4. Allnodes has a Twitter account with 11k followers, Telegram with 2702 members, Discord with 3185 members, and a Youtube channel with 77 subscribers and 5K+ total views.
5. They are launching a blog in the next 2-3 weeks and are willing to co-market with their upcoming blog, newsletters, and other touchpoints.

SLP Boost Validator List Proposal -  Allnodes

1. PromoTeam is a supporter of Bifrost, a technology platform.
2. PromoTeam validates projects like Polkadot and Kusama with quality servers and tech specialists.
3. PromoTeam is applying for the Validator Boost List selection in Kusama and Polkadot.
4. PromoTeam will provide informational support for Bifrost, including news coverage, translations, and community development.
5. PromoTeam invites people to participate in Bifrost Liquid Staking solutions.

SLP Boost Validator List proposal - PromoTeam

Lucky Friday is a company that operates validators on different blockchains.
They work with Bifrost and have experience in Web 2 and Web 3.
They use their own hardware in data centers to run their validators.
They hope to continue their partnership with Bifrost.
They have validators on Kusama and Polkadot.

SLP Boost Validator List Proposal | 🍀 LuckyFriday.io 🍀

test : you can delet

- CoinStudio is a group that helps validate transactions on the Kusama and Polkadot networks.
- They have been doing this since 2019 and have a good track record.
- They are part of a program called Web3 Foundation 1KV and are active in supporting the mission of Web3.
- They charge a low commission for their services (1% on Polkadot and 3% on Kusama).
- They make sure that rewards are paid out quickly and automatically to users who stake their tokens with them.

SLP Boost Validator List proposal - CoinStudio

- Jsquare is a node provider that runs collator nodes for multiple projects and provides RPC services for partners.
- They want to join the Validator Boost List with 6 nodes on different networks.
- They plan to contribute 30,000 vBNC tokens to minting vToken and gradually increase liquidity.
- They have provided 29,879 vBNC for single token farming and 30,000 BNC + 29,879 vBNC for vToken-Token LP.
- They will provide monthly periodic node run reports and ensure that their node performance is in the top 25%.
- They can also support the development of small tools and have collators for Astar and Shidne networks.

SLP Boost Validator List proposal - Jsquare

Sekoya Labs is a node provider that offers validator and blockchain node services. They have 20+ nodes across many blockchains and operate in 10+ locations worldwide. They provide validator services, secure systems, and automated payouts. They are currently an active participant in the Polkadot and Kusama 1kv program. 

Sekoya Labs wants to join the Validator Boost List on Kusama and Polkadot. They plan to provide vToken liquidity by offering single token farming and vToken-token LP. They are also open to providing additional liquidity depending on additional information. 

Sekoya Labs has thousands of combined nominators across all platforms and has channels on their website, Twitter, Telegram, and Discord. They can provide marketing and promotion initiatives such as blog articles, newsletter, Twitter threads, AMA, and community announcements. 

Sekoya Labs can provide monthly periodic node run reports and any necessary documentation to ensure that the node performance is in the top 25%.

SLP Boost Validator List Proposal - Sekoya Labs

1. AlfaStake is happy to be part of SLP Whitelist.
2. They want to join the "Boost Validator List" to enforce a new liquidity and cooperation protocol.
3. AlfaStake is an independent operator in the Dot ecosystem with active support on relay chains and 2 parachains at the moment.
4. They aim to join new SLP as a validator and provide liquidity in GLMR / DOT pools.
5. AlfaStake also wants to ensure participation in governance mechanisms and referenda proposals/consensus vote.

SLP Boost Validator List proposal - AlfaStake

- HashQuark is a company that helps with Web3 infrastructure services.
- They support many different public chains and have been involved in building and operating PoS blockchains.
- They are part of the Polkadot ecosystem and have validators on multiple Polkadot parachains.
- They have a team that works 24/7 to keep things running smoothly.
- They will be contributing to the Bifrost community through their Twitter and medium feeds.

SLP Boost Validator List proposal - HashQuark

Bifrost Community, we are a team of professional validators with a lot of experience in PoS. We work with different networks like Polkadot, Kusama, Cere Network, Calamari, Moonriver, and Moonbeam. Our team is located in different countries, which allows us to monitor our nodes 24/7. We prioritize security and high uptime. We also create our own staking guides, video tutorials, and FAQs. We are interested in joining Bifrost, and you can find more information about us on our website: https://ernventures.com/.

SLP Boost Validator List proposal - ERN VENTURES

Coingecko twitter

1. STAKECRAFT Validator is a team that runs nodes/collators for many different crypto projects.
2. They are known for being reliable and responsible, and have received grants for their work.
3. They use high-quality servers in top-tier data centers.
4. They have supported Bifrost from the beginning and are applying to be on the Validator Boost List for Kusama and Polkadot.
5. They plan to maintain 100% uptime on their node, provide a snapshot service for Bifrost, and contribute through marketing and community activities.

SLP Boost Validator List proposal - STAKECRAFT

1. Stakin.com is a company that helps people with staking, unstaking, and network-related questions.
2. They have been a validator on Kusama and Polkadot ecosystems since 2019.
3. They have a long-standing track record of uptime, performance, and governance participation.
4. They want to be considered for the SLP and will contribute through marketing, content, and community activities.
5. They have two Kusama addresses they wish to be considered for nominations.

SLP Boost Validator List proposal - Stakin

- Ryabina validator is happy to see Bifrost moving into decentralized governance process.
- They have been validating Kusama since 2019 and their KSM validators can be found in vKSM Validators list.
- Ryabina is supporting Bifrost in many ways, including running a collator in Bifrost and integrating Bifrost Kusama into their ecosystem.
- Ryabina has provided a list of 14 Kusama validators to add into SLP Whitelist and choose from.
- Ryabina team is open to feedback and questions.

SLP Boost Validator List proposal - Ryabina

- Masternode24 team is applying for the Validator White List VWL.
- They are currently unable to fulfill the validator boost list requirements.
- They will create an extra validator for it so they don't mix anything.
- In the future, they will apply for the Validator Boost List VBL when they have expanded their team.
- If you have questions, wishes or suggestions, you can discuss it in the forum.

SLP Validator Election - Masternode24

Bifrost Finance is a protocol that provides decentralized cross-chain liquidity for staked assets. They are asking the Kusama treasury for a loan of 50,000 KSM to provide initial base liquidity for the KSM and vKSM pair, which will promote the capital utilization of KSM in various DeFi scenarios and applications. This loan will also improve the incentives for users to nominate and pledge tokens, improve the enthusiasm of KSM holders to participate in staking, and increase treasury funds utilization. Bifrost will develop SLP pallet (vKSM minted pallet) SDK and Stable Asset Pool SDK for cross-chain vKSM mint/redeem calling convenience. The liquidity subsidy of 50,000 KSM will be 100% repaid in full plus interest.

[Forum Migration Postings]  Treasury propoal: KSM initial liquidity subsidy for KSM staking liquidity derivative - vKSM

Bifrost Council has completed the first buybacks of vsKSM. The goal of the buyback is to create a stable and healthy vsKSM derivatives trading environment and promote vsKSM’s liquidity and application scenarios. Bifrost will use the KSM in the buyback fund pool to continue to buyback vsKSM when the price of vsKSM is lower than 0.5. 

The vsBond (BNC) in the SALP Fund in the Bifrost network has expired after two full leases (84 days) since expiry. The use of funds for the unlocked KSMs corresponding to this expired vsToken is as follows: Bifrost Fund expired, vsKSM buyback, vsKSM buyback. 

After vsBond(BNC) expired as per the SALP protocol, we closed the redemption channel for vsBond(BNC) at the corresponding time as per the SALP protocol. Bifrost has decided to retain the assets not normally redeemed by this group of users and not to participate in the SALP buyback process, but to keep them in the Bifrost chain as a reserve for those users who meet the requirements and submit applications to redeem their corresponding KSMs through the governance.

Users with expired vsBond(BNC) can redeem KSM via governance. Addresses that meet the criteria are initially judged to be redeemable through governance. The governance redemption process involves submitting a request for managing redemptions, summarizing and manually reviewing the redemption requests, launching a referendum, voting, and executing the redemption. 

The community has raised some concerns, but this is a fair solution. It is important for users to follow the news and manage their money properly.

[Forum Migration Postings] First round of buybacks for vsKSM & vsToken(BNC) governance redemption rules

- This is a proposal for the Kusama Treasury Fund Roadmap.
- The proposal is about voting for a Polkadot/Substrate Portal.
- The proposal involves issuing 50,000 KSM on the treasury address and minting 25,000 KSM to vKSM through VtokenMinting::mint method.
- The proposal also includes adding 25,000 KSM and the corresponding vKSM liquidity to zenlink liquidity pool through the ZenlinkProtocol::add_liquidity method.
- The technical details explain the procedure for spending the funds.

Discussions