This proposal, if approved, will:
Authorize runtime upgrade to release v22
runtime version hydradx/201
- feat: referrals by @enthusiastmartin in #708
- full release notes can be found here
Create the following on-chain remark: Withdraw all WBTC (MRL) (19) and iBTC (11) Omnipool positions, create stablepool containing WBTC MRL and iBTC, add the asset shares into Omnipool and fast-track the respective addToken referendum
Referrals pallet will allow the creation of referral codes - which, once bound to trader accounts, will generate trading fees for:
- the referrer account
- the trader
- HDX stakers
Recently, asset (LP) dynamic fees were "unleashed" and now 50% of all asset (LP) fees will go to the referral pot to be split between the above parties, dependent on the "tier" of the referral codes in use - more information coming in our docs soon.
This initiative is intended to drive considerably higher volumes to HydraDX.
This is only a test.
I am in favor but voting Nay to test the system. Just making sure tokens are locked on losing votes and still receive staking 'action points'