Seed initial Snowbridge WETH from POL
Ended 2mos ago
closed
Description

Hydration DAO currently has 309.15 WETH (Moonbeam Wormhole) sitting in the Treasury [7L53bUTBopuwFt3mKUfmkzgGLayYa1Yvn1hAg9v5UMrQzTfh] that is not being utilised as liquidity in the Omnipool.

I am proposing that we convert this to WETH (Snowbridge) using our OTC Trader with a 0.25% premium, and subsequently add that liquidity to the Omnipool to activate trading of Snowbridge WETH for the Polkadot ecosystem.

Omnipool listing will form a separate proposal, this discussion and poll are simply wrt converting the MRL WETH to snowbridge WETH using our OTC trader.

This discussion & poll will last for two days, ending around 12PM BST on Friday 19th July.

Optionssingle

Votes·13

No current votes

Discussions·2

No current comments
Information
Snapshot
Assets(1)
HDX
x1
Timestamp
Created
Jul 17 2024 11:07
Start date
Jul 17 2024 11:06
End date
Jul 19 2024 11:06
Results
Voted
17.27M HDX
Voters
13
balance-of
Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)
17.27M HDX
 
No, do not convert
844.19 HDX
 
quadratic-balance-of
Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)
9.57K HDX
 
No, do not convert
29.06 HDX
 
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