Whitelisted by  Fellowship #12

Distribute Ecosystem reserved BNC between Kusama and Polkadot

Whitelisted Caller
1yr ago
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Executed

Summary

This proposal aim to distribute reserved Ecosystem BNC from Bifrost Kusama to Bifrost Polkadot, support following sections, which includes:

Ecosystem Allocation BNC
Kusama Crowdloan 0
Polkadot Crowdloan 6,489,700
vToken & veBNC Incentive 15,579,700
Collator Incentive 2,800,000
Slash Insurance Fund 4,000,000

Bifrost is currently using a self-bridge address (a systematic address withour private key djSk4JfeBVmDA6T4yuTZajjZGmn9h8hcSH1NE6mGE4UdFv3) for distributing BNC between Bifrost Kusama and Bifrost Polkadot. Once Bridge Hub supports asynchronous backing between Polkadot and Kusama, we will merge the bridge.

Bifrost Polkadot Parachain Treasury

From Address Parachain Balance Action
Polkadot Crowdloan fohNDbDBG4jNBseQav9tcmoeuWjhZuH9CD5oCaSkkHy11FL Free on Polkadot 6,489,700 1. Transfer to the treasury address (Polkadot)
vToken & veBNC Incentive dh1FV8M7uyZdvTUnQKwFLTWP8cVX3VVZzqFdJUGRd4wwSW7 Reserved on Kusama 14,021,730 1. Initiate governance to unlock balances.forceUnreserve (Kusama) 2. Transfer and reserve to Kusama <> Polkadot default bridge address (Kusama) 3. Bridge address balances.forceUnreserve (Polkadot) 4. Transfer from bridge address to treasury address (Polkadot)
Collator Incentive c3xCFsLRpqtDU4PoPRGS8eRvYmiCXbEuCzrGexnBe8pusLb Reserved on Kusama 1,200,000 1. Initiate governance to unlock balances.forceUnreserve (Kusama) 2. Transfer and reserve to Kusama <> Polkadot default bridge address (Kusama) 3. Bridge address balances.forceUnreserve (Polkadot) 4. Transfer from bridge address to treasury address (Polkadot)
Collator Incentive c3xCFsLRpqtDU4PoPRGS8eRvYmiCXbEuCzrGexnBe8pusLb Free on Polkadot 1,600,000 1. Transfer to the treasury address (Polkadot)
Slash Insurance Fund f8upekbaZyQVYfBjGsMHzAASQuzs5Mcc6VZDxb3UUjq3AeR Reserved on Kusama 3,600,000 1. Initiate governance to unlock balances.forceUnreserve (Kusama) 2. Transfer and reserve to Kusama <> Polkadot default bridge address (Kusama) 3. Bridge address balances.forceUnreserve (Polkadot) 4. Transfer from bridge address to treasury address (Polkadot)

Bifrost Kusama Parachain Treasury

From Address Parachain Balance Action
vToken & veBNC Incentive dh1FV8M7uyZdvTUnQKwFLTWP8cVX3VVZzqFdJUGRd4wwSW7 Reserved on Kusama 1,557,970 1. Initiate governance to unlock balances.forceUnreserve (Kusama) 2. Transfer to treasury address (Kusama)
Slash Insurance Fund f8upekbaZyQVYfBjGsMHzAASQuzs5Mcc6VZDxb3UUjq3AeR Reserved on Kusama 400,000 1. Initiate governance to unlock balances.forceUnreserve (Kusama) 2. Transfer to treasury address (Kusama)
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Status
Decision14d
Confirmation10mins
Attempts
1
Tally
100%Aye
90.0%Threshold
0%Nay
Aye
461.18KBNC
Nay
0BNC
  • 0.0%
  • 0.0%
  • 0.0%

Threshold

Support5.40%
4.32MBNC
Issuance
79.99MBNC
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