Bifrost is equesting a KSM initial liquidity subsidy for their KSM staking liquidity derivative - vKSM. The team aims for this allocation to further improve the incentives for users to nominate and pledge tokens, to provide liquidity for staked KSM and promote the capital utilization of KSM in various defi scenarios and applications and to further improve the incentives for users to nominate and pledge tokens. All info on the initiative based on the Liquidity Standard Guidelines can be found on [the proposal](https://kusama.polkassembly.io/treasury/177): thank you to the community for leaving your feedback! **Please note the motion is an external motion to be voted by Council and after by the community** (I made a mistake on **motion 503**, passing it for Council vote only: please reject that one as this is an error). 

Previous discussion: [https://kusama.polkassembly.io/post/1606](https://kusama.polkassembly.io/post/1606)

Approve a proposal. At a later time, the proposal will be allocated to the beneficiary
and the original deposit will be returned.

May only be called from `T::ApproveOrigin`.

# <weight>
- Complexity: O(1).
- DbReads: `Proposals`, `Approvals`
- DbWrite: `Approvals`
# </weight>



1. Bifrost is requesting a KSM initial liquidity subsidy for their KSM staking liquidity derivative - vKSM
2. The purpose of this allocation is to improve incentives for users to nominate and pledge tokens, provide liquidity for staked KSM and promote capital utilization of KSM in various defi scenarios 
3. All information can be found on [the proposal](https://kusama.polkassembly.io/treasury/177) 
4. The motion is an external motion to be voted by Council and after by the community.

#212 Treasury proposal: KSM initial liquidity subsidy for KSM staking liquidity derivative - vKSM

No Active Proposals