Seed initial Snowbridge WETH from POL
Ended 3mos 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
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Discussions·2

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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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