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: 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
Edited