#100·Add HDX to Omnipool & decrease weight cap

Democracy
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Executed

This proposal, if approved, will:

  • Increase the HDX asset weight cap to 10%
  • Add 22,222,222 HDX from the Treasury to the Omnipool
  • Decrease the HDX asset weight cap to 2%

This will increase the amount of HDX liquidity in the Omnipool, to offset the expected drop due to LPs removing their HDX for HDX staking. This will also reduce the weight cap sufficiently to avoid any further external LPs being able to add HDX liquidity, regardless of price & total TVL movements.

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Votes
99.7%Aye
Passing thresholdSimpleMajority
0.3%Nay
Aye
763.43M HDX
Nay
2.03M HDX
Turnout
178.48M HDX
Electorate
0  HDX
Passed
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