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Bifrost Governance Guide: Cast Your Vote on Three Critical Proposals
Three active governance referenda are now open for voting, presenting a crucial opportunity for Bifrost stakeholders to shape the protocol’s evolution. This streamlined guide explains how to participate using your preferred token type.
Voting Paths Available
BNC Holders: Vote via Subsquare platform
vBNC/bbBNC Holders: Vote directly through Bifrost dApp
Quick Voting Instructions
For BNC (Subsquare):
Access Subsquare governance portal
Select desired referendum
Choose AYE (support) or NAY (oppose)
Enter vote amount and lock duration
Confirm on-chain submission
For vBNC/bbBNC (Bifrost dApp):
Navigate to dApp governance section
Select active proposal
Enter vote position and amount
Choose lock period
Submit transaction
Voting Power Mechanics
Vote weight increases with longer lock commitments:
Longer lock = stronger voting influence
Tokens remain locked until chosen period concludes
Strategy: Balance immediate liquidity needs with governance impact
Why Your Vote Matters
These referenda address fundamental protocol parameters and strategic allocations. Participation enables stakeholders to directly influence Bifrost’s development trajectory while reinforcing decentralized decision-making principles.
Time-Sensitive Action Required
All three proposals have defined voting windows. Review proposal details promptly and submit votes before respective deadlines to ensure your voice is counted in shaping Bifrost’s future direction.