This proposal follows execution of [referendum #60](https://hydradx.subsquare.io/democracy/referenda/60) and the ongoing [discussion #102](https://hydradx.subsquare.io/posts/102) regarding conversion of the remaining Wormhole (Acala) assets to Wormhole (Moonbeam) assets. Thus far responses have been clearly in favour, and whilst we should allow the discussion to continue regarding whether this is a full transition or partial, it makes sense that we should at least partially transition further liquidity in order to more appropriately balance the liquidity.

This proposal, if approved, will:

- **remove the following LPs:**
    - **Liquidity position #1402** - 304.812 shares of **WETH** *Wormhole (Acala)*
    - **Liquidity position #1403** - 465,618 shares of **DAI** *Wormhole (Acala)*
    - **Liquidity position #1156** - 13.17 shares of **WBTC** *Wormhole (Acala)*
- **create the following OTC orders:**
    - Swap 310 WETH *Wormhole (Acala)* for 309.225 WETH *Wormhole (Moonbeam)* [0.25% premium]
    - Swap 495,000 DAI *Wormhole (Acala)* for 493,763 DAI *Wormhole (Moonbeam)* [0.25% premium]
    - Swap 12.1 WBTC *Wormhole (Acala)* for 12.07 WBTC *Wormhole (Moonbeam)* [0.25% premium]


- The proposal is about changing some assets from one platform to another.
- People have discussed this proposal and most of them agree with it.
- The proposal will remove some liquidity positions from the old platform.
- The proposal will create new orders to swap some assets from the old platform to the new one.
- The new orders will have a small extra fee called a premium.

calls

Withdraw 3x LPs & create 3x OTC orders [Phase 2]

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general_admin

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economic_parameters

#99·Withdraw 3x LPs & create 3x OTC orders [Phase 2]