With the removal of Sudo and SALP from Bifrost, and more governance rights will be transferred from the Bifrost core team to the community. What is exciting is that this should be the first proposal on how the SALP supports new projects, and this is also the future a typical example of SALP enable to any parachain project, let us expect more proposals will come from the community.
Bifrost will support Kintsugi Kusama Crowdloan through SALP. The proposal was initiated by members of the Bifrost council and accelerated by the technical committee. The proposal was passed to create SALP for Kintsugi BTC (ParaID 2092), hoping to support Kintsugi BTC’s contributors can use SALP to mint vsKSM and vsBond as the corresponding derivatives of KSM lock-up.
Voting Period: #385,261
Activate Period: #385,563
salp.create(2092, 200000, 15, 22);