Hi all,
Further to our previous successful proposal to add our polkadot 1kv LEGEND validator to the VBL program (further details can be found here https://bifrost.subsquare.io/posts/16), we're also asking in this proposal to add our 1kv KSM validators to the VBL program as well.
So far we contributed to the Bifrost ecosystem by minting 45k vDOT & supplying liquidity to the vDOT-DOT LP accordingly. Our future plans are to mint up to 250k vDOT and use it on multiple places across the Polkadot DeFi ecosystem, such as providing liquidity on Stellaswap/Beamswap, using vDOT as collateral on moonwell (once approved & audited) and also by just holding vDOT.
In addition we plan to do the same with our GLMR treasury. Beyond that, we promote and support Biforst eco-system in any opportunity we have as a community member on important groups across the Polkadot ecosystem.
We'll appreciate your support on the current proposal.
Thanks,
Rafael
AYE
supplying liquidity to the vDOT-DOT LP is a super important criterion for the future lending partnerships.