This referendum, if approved, will place the following on-chain remark:

*https://ipfs.io/ipfs/QmUsNVyhB78FHSXY4BwTMHGg6xU2fYryLj5BAHqbvKjsmM?filename=contribute.md*

The document details an updated treasury spending framework for the HydraDX Council to adhere to as we move closer to launch of the Omnipool. This framework includes a bug bounty programme using Immunefi.

Contribute and Get Rewarded

Following the motion #10, this proposal actually initializes Omnipool with first 3 tokens: HDX, DAI and DOT

This referenda will be fast-tracked to meet the 2:22pm UTC scheduled time.

Launch Omnipool faster

Following the motion #10, this proposal actually initializes Omnipool with first 3 tokens: HDX, DAI and DOT

Launch Omnipool

Following the motion #11 this executes transfer of 50010 DAI from the Wormhole bridge on Acala, after the same amount is deposited on Ethereum side by treasury multisig (transaction #4).

Bridge initial DAI liquidity to the parachain treasury

release notes: https://github.com/galacticcouncil/HydraDX-node/releases/tag/v15.0.0

Upgrade runtime to the v15

Referendum to place the following on-chain remark:

https://ipfs.io/ipfs/QmZ9BtVQTggvMyJE5eLEc6tfisG2n82r4GZQ7okxnevxjY?filename=omnipool_parameters.md

This link lays out the initial Omnipool parameters as discussed in https://hydradx.subsquare.io/post/4 and approval of the referendum agrees to initialise the Omnipool using these parameters.

Omnipool Initial Parameters

This referendum, if approved, will place the following on-chain remark:

**"Reduce the allocation for Growth (LM rewards, bonds etc.) from 5,295,662,772 HDX to 1,795,662,772 HDX, resulting in a reduction of the total HDX supply cap from 10 Billion HDX to 6.5 Billion HDX."**

Full rationale available at https://hydradx.substack.com/p/hydrating-through-the-winter

HDX Supply Reduction

Initial HRMP channel opening request for each of:

- Astar
- Moonbeam
- Interlay

Request HRMP channels with Astar, Moonbeam & Interlay

Second attempt due to previously failed tx.

Test transfer of 1 DAI from HydraDX Sovereign account on Acala to Omnipool account on HydraDX


Move 1 DAI from HydraDX Sovereign account on Acala [Take 2]

Test transfer of 1 DAI from HydraDX Sovereign account on Acala to Omnipool account on HydraDX

Move 1 DAI from HydraDX Sovereign account on Acala

Basilisk crowdloan contributors who used Bifrost to participate are unable to receive their HDX rewards due to them being in Bifrost's sovereign account - if approved, this will force transfer the rewards from their sovereign account to the individual contributors.

On-chain remark of the same preimage hash: https://bifrost-kusama.subscan.io/referenda/136?tab=proposal_preimage

Redistribution of Basilisk Crowdloan HDX rewards [Bifrost]

Release notes: https://github.com/galacticcouncil/HydraDX-node/releases/tag/v14.0.0

Upgrade runtime to the v14

The XCM calls in this referendum accept the HRMP channel from Acala and opens it on their end.

Opening HRMP channel with Acala

Request to open an HRMP channel with Statemint

Redistribute the HDX crowdloan rewards for all who contributed through the Parallel network to their individual wallets - whereas they are currently entirely distributed to Parallel's sovereign account.

Distribute Parallel Finance crowdloan rewards to individuals

release https://github.com/galacticcouncil/HydraDX-node/releases/tag/v13.1.0, which contains some XCM adjustments and will allow Parallel finance to distribute their rewards in following proposal.

Democracy Referenda