- A referendum is being proposed.
- The referendum will change some rules for a platform called Omnipool.
- The changes will allow more money to be added to Omnipool.
- Some positions will be sacrificed to make these changes.
- The changes will be temporary at first, but will be adjusted later.

proposalHash

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

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

- HydraDX-node released a new version to fix a problem in the HubAssetImbalance configuration.
- The Protocol Fee is paid in LRNA, and it is supposed to bring the HubAssetImbalance back to 0.
- Due to a misconfiguration, the Protocol Fee was moving the HubAssetImbalance further from 0.
- The new release will reset the HubAssetImbalance to 0 and fix the misconfiguration.
- This fix will not affect past trades or provided liquidity.

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

Add ETH to Omnipool, TVL & Weight Cap Adjustments & HRMP Cancel

Bridge initial ETH liquidity and more DAI to the parachain treasury

- HydraDX launched Omnipool 11 days ago in a phased approach to monitor and adjust its performance.
- They want to adjust one of the Omnipool parameters related to LRNA stabilization mechanisms to reduce IL for LPs over time.
- The current HubAssetImbalance is burning too much LRNA, so they want to reduce the amount burned and reset it to zero.
- These changes will not affect past trades or provided liquidity.
- There is a new runtime upgrade to v15.1.1.

Proposal to Adjust the LRNA Imbalance Mechanism (Runtime upgrade to v15.1.1)

Send HRMP Channel Open Request to Phala

- HydraDX is a protocol that plans to diversify and deploy its owned liquidity in Q1 2023.
- The plan includes swapping DAI into different cryptocurrencies like ETH, WBTC, iBTC, USDC, and USDT.
- The community will vote on the mechanisms to swap DAI into iBTC, USDC, and USDT.
- The plan also includes deploying HDX from the HydraDX Treasury into the Omnipool.
- The framework has been approved by all holders of HDX after a democratic vote.

POL Diversification and Deployment (Q1 2023)

Increase Omnipool TVL Cap to $500,000

Upgrade runtime to the v15.1

refIndex

Cancel referendum 14 - motion #40

Launch Omnipool faster

Cancel referendum -> Wrong treshold - motion #38

Launch Omnipool

Bridge initial DAI liquidity to the parachain treasury

Upgrade runtime to the v15

Contribute and Get Rewarded

Omnipool Initial Parameters

Incorrect submission - please disregard

Move 1 DAI from HydraDX Sovereign account on Acala [Take 2]

Add Chaos DAO to the active set of collators

Move 1 DAI from HydraDX Sovereign account on Acala

Remove redundant Galactic Council collators from set

HDX Supply Reduction

Request HRMP channels with Astar, Moonbeam & Interlay

root

whitelisted_caller

referendum_canceller

referendum_killer

general_admin

treasurer

spender

tipper

omnipool_admin

economic_parameters

Council Motions