This proposal is related to the ongoing discussion #106 (Diversification of MRL DAI), discussion #102 (Wormhole asset migration) and the imminent launch of Stablepools on HydraDX.
This proposal, if approved, will:
- remove the following LPs:
- Liquidity position #1673 - 571,346 shares of DAI Wormhole (Acala)
- Liquidity position #1768 - 466,084 shares of DAI Wormhole (Acala)
- create the following OTC orders:
- Swap 300,752 DAI Wormhole (Acala) for 300,000 USDC Wormhole (Moonbeam) [0.25% premium]
- Swap 300,752 DAI Wormhole (Acala) for 300,000 USDT Wormhole (Moonbeam) [0.25% premium]
- Swap 300,752 DAI Wormhole (Acala) for 300,000 USDT AssetHub [0.25% premium]
- Swap 170,426 DAI Wormhole (Acala) for 170,000 DAI Wormhole (Moonbeam) [0.25% premium]
Once the OTC orders have been filled, and the runtime has been upgraded, we will then launch the so-called 4-Pool (USDT MRL, USDC MRL, DAI MRL, USDT native) and deposit those asset shares into the Omnipool.