#208·Remove DOT LP & send to staking account

Democracy
3mos ago
1 Comments
Tabled

After approval of referendum #171, this proposal, if approved, will:

  • remove Omnipool position 2647 (originally 105,000 DOT)
  • transfer 105,300 DOT to the Hydration staking account on Polkadot Relay Chain 13RSNAx31mcP5H5KYf12cP5YChq6JeD8Hi64twhhxKtHqBkg

These DOT will then be staked using the Council-controlled staking proxy.

Edited
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Comments

specifically "Withdraw all POL DOT positions from Omnipool due to significant liquidity depth - with 50% to be staked and 50% to be deposited into the Hydration Money Market"

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