This proposal will initiate opening XCM channels with:
In other communities we have debated whether there is really any actual risk to having XCM channels open to other chains and the consensus has generally been that it is low to no risk.
After this referendum there will still need to be two more rounds of referenda to fully open these channels. First, there will need to be a referendum on the other chain that accepts the incoming channel, registers HDX, and sends an open channel request back to Hydration. Second, Hydration governance would then accept the return channel and register the other parachain’s token.
Batching these channel open requests together reduces the number of referenda for non-controversial channel openings.