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Referendum #29

Incentivize 2nd Round of Collating Reward

Summary

This proposal is to extend the rewarding time for extra 180 days with 400,000 BNC, and it will still remain the emission rate of 180 BNC/Round (each round takes 600 blocks, each block takes approx. 12s).

The end block of this new collator reward circle is: https://bifrost-kusama.subscan.io/block/6850964

Address:

Bifrost Collator Reward Pallet address (rewarding address):eCSrvbA5gGNQr7VZ48fkCX5vkt1H16F8Np9g2hYssRXHZJF

Next Step

We are expecting the live of Kusama-Polkadot bridge solution for a long time, if it happens in the next 180 days, Bifrost core dev team will demonstrate the details of migration from Bifrost-Kusama to Bifrost-Polkadot, which will also determine and discuss if collator reward will still remain on Bifrost-Kusama or migrate to Bifrost-Polkadot. Stay tuned.

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Decision7d
Confirmation
5mins
Attempts
1
Tally
100%Aye
83.6%Threshold
0%Nay
Aye
311.72KBNC
Nay
0BNC
  • 0.0%
  • 0.0%

    Threshold

  • 0.0%
Support
3.90%
3.04MBNC
Issuance
78.03MBNC
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