Please vote: open an XCM channel between Kintsugi and Moonriver?
Ended 2y 11mos ago
closed
Description

Dear Kintsugi community,

We are ready to open an XCM (more precisely, HRMP) channel between Kintsugi and Moonriver. Our teams have been working on this integration for the past weeks.

While we are sure that this is beneficial to the Kintsugi ecosystem - in the spirit of the decentralized system that Kintsugi is - we want to hear your opinion!

The vote will:

  • Start on 16 February 9:00 UTC
  • End on 18 February 9:00 UTC
  • Duration: 48h

What are we voting on?
To open XCM (HRMP) channel between Kintsugi and Moonriver on Kusama, enabling transfers of KINT (and soon kBTC) to Moonriver.

Important: moving Moonriver-native assets to Kintsugi will not yet work - we are working to add support for this asap.

When will the XCM channel open?
Likely before February 20th

Why do we need an XCM channel to Moonriver?
To finally enable DeFi use cases for KINT (and soon kBTC). We cannot yet reveal which integrations will happen first but we are working with the largest DeFi Dapps on Moonriver to bring you the best Kintsugi DeFi experience.

Why are we using off-chain voting?
Kintsugi's governance requires you to stake your KINT tokens. However, the staking user interface is not 100% completed (and Polkadot.js is difficult to use).

We would have like to ask the community to vote without locking KINT on-chain - and to understand if opening an XCM channel between Kintsugi and Moonriver is in everyone's best interests.

There will still be an on-chain vote - and we will do our best to finish the staking and governance UX by then - but in case the easy-to-use interfaces are not yet ready, we want to be sure that we have consensus among our community.

PS: plus, this is a great opportunity to test this off-chain voting platform built by OpenSquare.


Greetings from the Interlay team

Optionssingle

Votesยท29

a3cC...nmL1
a3cC...nmL1
a3cCfV7ydptE3rRJMDgsNjXzq1AvAKywondtHfoYCE2kLnmL1
Yes
# 1
a3fZ...oLRP
a3fZ...oLRP
a3fZsaZTnDj5FNdPbwDRWHiC3RGTB6NTEiUGnFYbE9RFWoLRP
Yes
# 1
a3b3...fS4U
a3b3...fS4U
a3b3ZviH4xXdj9Qh6fWsJnCWMjVaShyg2CC2JHkUqTVkffS4U
Yes
# 1
a3cY...mkAU
a3cY...mkAU
a3cY8VHgnUb1VYysuo93E21wKVbSrKgNcQxPD3RmuWPGumkAU
Yes
# 1
a3ar...dYuF
a3ar...dYuF
a3armNP5QFHT1oZwJtYbVkyA84z6VrY7C4FSWK8JgY3dVdYuF
Yes
# 1
a3fh...pmrN
a3fh...pmrN
a3fhm6zd2dDEcb2wrjnXDqttVW9AHTC7nEzhZHtmsSa6gpmrN
Yes
# 1
a3fk...JjA9
a3fk...JjA9
a3fk2bA6daKWh3TdQYgatbZYJMzXBjyDFgQXsYVkeWN8nJjA9
Yes
# 1
a3dk...p9LZ
a3dk...p9LZ
a3dkY3yWweLMkUjbSSNC2NawWegH3NZkWpYjsnBr2srQsp9LZ
Yes
# 1
a3aw...acRV
a3aw...acRV
a3awQmKGYDgyn7efYcN2eqQaeni9XfkYtBkVXq4YuFAbhacRV
Yes
# 1
a3eC...YqHy
a3eC...YqHy
a3eC6u8939yutFEHt6by9sGfUiJX7L2TPTRkdyNstxGR4YqHy
Yes
# 1
a3dL...XMPt
a3dL...XMPt
a3dLRN7v29NLMUy7SYq3TTVcBJ5Q97QS183BHuADULduXXMPt
Yes
# 1
a3eA...A156
a3eA...A156
a3eAFYpuYAQjmmzktCc4YzswJWhcYKtDUz8zvourY4shcA156
Yes
# 1
a3fc...EWHN
a3fc...EWHN
a3fc4gqSvSyKVuJngTKxBb1PuHkrFdB1dLjmFRRw5xFfAEWHN
Yes
# 1
I appreciate the fact that there will also still be an on-chain voting process, though I feel this is indeed a great way to get a read on the community. Especially as far as willingness to participate in governance goes. Good move.
a3cJ...NQCS
a3cJ...NQCS
a3cJ9aLTpbz8GXPzumHsf4BHRtX5e2zKiBUpu8HteKE9cNQCS
Yes
# 1
a3dc...T2ig
a3dc...T2ig
a3dcg7R8JdVNUsf7WgWxSuqFDc14NcFVmz2Az89BXvxa4T2ig
Yes
# 1
a3eF...6KjC