Governance update ๐Ÿ”Š

๐Ÿ‘‰๐Ÿผ Users can participate in the Governance of Polkadot and Kusama, using their vDOT and vKSM from Bifrost UI.

https://bifrost.app/vstaking/vDOT?tab=governance

X thread here: https://x.com/BifrostFinance/status/1719310866250666427?s=20

We released an OpenGov article that explains briefly the changes between Gov1 and OpenGov

๐Ÿ‘‰๐Ÿผ Polkaverse article https://polkaverse.com/1013/polkadot-open-gov-2-0-a-model-of-decentralized-governance-39075


Bifrost-Polkadot

Ref #106: Add BNC/vDOT pool

> Result ๐Ÿ™…

๐Ÿ”ฅ Ref #9: decentraDOT Validator Boost Proposal > 4d left

๐Ÿ”ฅ Ref #10: VBL application: Staker Space > 4d left

๐Ÿ”ฅ Ref #12: Adjust vDOT reward fee from 0.1% to 1% > 11d left

๐Ÿ—ฃ Discussion: decentraDOT - Validator Boost Applicant

๐Ÿ—ฃ Discussion: Validator Boost List Applicant: Staker Space

๐Ÿ—ฃ Discussion: Validator Boost list Proposal - Merkletribe

Various Fellowship/technical commitee refs with Result ๐Ÿ‘.

- Update stable swap price anchor

- setCommissionTokens for vDOT, vFIL, vGLMR, vASTR and vMANTA in ChannelCommission

- Update the vDOT validator whitelist

- Update vDOT SST parameters - 20240301

- Adjust vDOT reward fee from 0.1% to 1%


Bifrost-Kusama:

๐Ÿ—ฃ Discussion: decentraDOT - Validator Boost Applicant

๐Ÿ—ฃ Discussion: Validator Boost List Node Proposal - Sekoya Labs

๐Ÿ—ฃ Discussion: Validator Boost List Node Proposal - Colossus

๐Ÿ—ฃ Discussion: VETH in HydraDX?

Various Fellowship/technical commitee refs with Result ๐Ÿ‘.

- Update the vKSM validator whitelist

- setCommissionTokens for vBNC, vKSM and vMOVR in ChannelCommission

- Initialize stable swap automatic anchor point update

- Update stable swap price anchor


External Gov - Moonwell

๐Ÿ—ฃ Discussion: Path to vDOT and vGLMR on Moonwell

Give a vote whenever you can, governance is an important subject that shouldn't be under-estimated

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SuperDupontPost author

Bifrost Community Lead

Bifrost is a Liquid Staking app-chain tailored for all blockchains, utilizing decentralized cross-chain interoperability to empower users to earn staking rewards and DeFi yields with flexibility, liquidity, and high security across multiple chains.

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