This referendum, if approved will enact the following:

- **raise TVL cap to $2,222,222**
- set DAI weight cap to 100%
- set ETH weight cap to 100%
- **add 185.45 ETH to Omnipool as LP from treasury**
- **add 300,000 DAI to Omnipool as LP from treasury**
- **set DAI weight cap to 45%**
- **set ETH weight cap to 45%**
- **set HDX weight cap to 8%**
- sacrifice position 978 (50k DAI)
- sacrifice position 979 (63.75 ETH)

The weight caps of ETH and DAI are temporarily increased to 100% to prevent adding of liquidity from failing, but adjusted to 45% weight cap at the end of the batch.

Sacrificing of positions 978 & 979 pertain to last week's additional liquidity adding - this is an additional step in changing the status of treasury LP to POL.

proposalHash

TVL Cap Increase, Asset Weight Cap Changes & Add Moar ETH & DAI

Withdraw **13.16545 WBTC**, **185.451 ETH** & **300,000 DAI** from Acala to HydraDX treasury

Bridge initial WBTC liquidity and more ETH & DAI to the parachain treasury

**[Full release notes](https://github.com/galacticcouncil/HydraDX-node/releases/tag/v15.1.2)** 

-----

This release fixes a misconfiguration in which the HubAssetImbalance *becomes more negative* from non-LRNA trades instead of *becoming less negative* (moving towards 0). It will also reset the HubAssetImbalance to 0.

0.05% of every trade is paid in LRNA as a **Protocol Fee** - in the design, when the HubAssetImbalance is <0, this fee is burned in order to slowly bring the HubAssetImbalance back to 0.

In the current implementation, the Protocol Fee is actually moving the HubAssetImbalance further from 0 - as a result, the HubAssetImbalance would never move towards 0 and the protocol would eventually burn too much LRNA.

**As with [Referendum #20](https://hydradx.subsquare.io/democracy/referendum/20); please note that adjusting the parameters of the LRNA imbalance mechanism and resetting the HubAssetImbalance will not have any negative impact on past trades or provided liquidity.**

-----

We found this issue thanks to the help of community member **amphibiousParakeet**, whose relentless pursuit to understand the mechanisms behind the Omnipool first brought this to light. I will be proposing to the rest of the HydraDX Council that we pay a bug bounty under the previously agreed spending framework and would encourage all other curious developers (whether professional or hobbyist) to join us on a bug hunt!

Adjustment to LRNA Imbalance Mechanism (Runtime upgrade to v15.1.2)

Dwellir is currently serving the HydraDX community with a public RPC endpoint service. We are serving on average 694,000 requests per day.

This proposal is to cover the costs for January, February and March in 2023. We are requesting $2,584.9 for this period.

Read the [full proposal here](https://docs.google.com/document/d/1CQbzPIzXcff_sTQ41EFca_T3AGaN6R6_D0dgYnAmgnU/edit#heading=h.hr3s92lvszrn).

The HDX price will be calculated as the average prices over the last 30-days.

/Team Dwellir


Dwellir - Public RPC Endpoint Service Q1 2023

**Period when the contribution was made**

6 Oct 2022 - 5 Jan 2022

**A brief summary of the contribution**

Omnipool research, CadCAD development, on-chain analytics, fee research, Competitor Analysis

**The amount of the requested tip (in HDX)**

540 000 = 60 000 (per month) * 3 (3 month) * 3 (migration)

**If appropriate, provide more detailed information such as the relevance of the contribution to HydraDX and a link to the PR (in the case of technical contributions)
**
https://github.com/galacticcouncil/HydraDX-simulations

Preparations for Onmipool real-world historical tests including stress test. Gathering data  for different scenarious

Data for Terra UST price fall. Interval - 10 minutes, 9-13 May 2022
https://drive.google.com/drive/folders/1-jhDTkZh7cbPXCwpwgWh0APeQsnXJBAx?usp=share_link

Data for Acala aUSD price fall. Interval - 5 minutes, 13-14 August 2022
https://drive.google.com/drive/folders/1-jhDTkZh7cbPXCwpwgWh0APeQsnXJBAx?usp=share_link

Data set for Omnipool stress testing using DOT price fall (DOT 6 Sep 2021 -8 Sep 2021 (3 days))
https://drive.google.com/drive/folders/1bsFaxRyxTrOn9XONhbas2OX2ohAV0MlS?usp=share_link

Developing methodology and workflow for on-chain trade analytics 

On-chain trade analytics for available data sets. Statistics and charts
https://drive.google.com/drive/folders/1A9nVCWoh28_cwEGV78KO55stXhrD-8rd?usp=share_link



[Treasury Tip Request] inventandchill for Oct-Dec 2022 (research, CadCAD, on-chain)

**Requested Tip:**
**570000 HDX**

60000*3(tripling) hdx/month

**Description**
This is the last regular treasury tip from me as it got superseeded by the team allo vesting since the Omnipool launch on Jan 6.

**Period:**
2022/10/01 - 2023/01/05

**Summary:**
XCM Integrations
Development
Analysis / Research
Documentation
Testing
Code reviews
... and other core dev work

**Detailed description:**
This tip covers a reward granted for working on various tasks during Oct22-Jan23. More details can be found in techcomm/democracy proposals here on subsquare or in [HydraDX, Basilisk and Warehouse GitHub repositories](https://github.com/galacticcouncil)