Summary

This proposal aims to withdraw KSM subsidy from Bifrost, and repay to Kusama Treasury, with proportion of 54,247.34 BLP withdrawn from stable pool.

Withdraw BLP

• Bifrost borrowed 50,000 KSM subsidy from Kusama Treasury in July, 2023, and distributed the liquidity in two batches:
  1. Batch 1: Zenlink pool, with proportion:
     • vKSM: 20,365,146,282,000,000 (12 decimals)
     • KSM: 24,926,067,326,354,038 (12 decimals)
  2. Batch 2: Liquidity migrated from Zenlink to Bifrost Stable pool, with propotion:
     • vKSM: 20,132,678,847,817,602 (12 decimals)
     • KSM: 25,000,000,000,000,000 (12 decimals)
• Now, this proposal aims to withdraw proportion from Bifrost Stable pool, with interest of past 14 months, the estimated LP proportion would be:
  • BLP: 54,247.34 (equals to 54,279.2367 KSM for Treasury repayment)
    • vKSM: 22,831.5036
    • KSM: 21,027.2313