Bifrost Governance update 🔊

👉🏼 Now 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 👉🏼 Medium article or Polkaverse article

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🔥 Bifrost's Polkadot Liquidity Loan Proposal is Up for Voting! 🔥

Treasury Proposal #432 has been pushed independently by Bifrost, requesting 500k DOT Liquidity Loan to be Repaid in FULL - with interests (DOT Staking Rewards).

🗳Vote here 👉🏼 Polkassembly or Subsquare

😒 Learn more about the Proposal #2050 (Updated) on Polkassembly: https://polkadot.polkassembly.io/post/2050

• Bifrost-Polkadot:

Ref #6: LuckyFriday: Validator Boost Proposal Resubmission

> Result 👍

Tech ref #100: Create a BNCS farming pool and charge (second proposal)

> Result 👍

😒 Discussion: BNC buy back with treasury

😒 Discussion: Set vDOT commission rate to 10%

Various Fellowship/technical commitee refs with Result 👍.

- Update stable swap price anchor

- vsDOT farming token migration

- Upgrade Bifrost-polkadot to Runtime 0.9.92

- Create Pool BNC-MANTA

- Release Farming Incentive and Charge BLPs from Treasury

- Fuel The BNC Liquidity in CEXs

• Bifrost-Kusama:

🔥 Ref #33: Legend VBL KSM proposal

🔥 Ref #34: Round 7 vsToken(BNC) governance redemption

Ref #30: Funding Proposal for Bifrost Polkadot Parachain& Bifrost Kusama Parachain & Bifrost Testnet Operation and Maintenance Fee

> Result 👍

Various Fellowship/technical commitee refs with Result 👍.

- Upgrade Bifrost-kusama to Runtime 0.9.90

- Upgrade Bifrost-kusama to Runtime 0.9.92

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• External Gov - Moonwell

😒 Discussion: Path to vDOT and vGLMR on Moonwell

• External Gov - Moonbeam

🔥 Register Bifrost Liquid Staking Tokens (LSTs) xcvASTR, xcvMANTA: MB38 > passing in 1d

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