Accept & send HRMP channel open request - Xode

1bot...oPWg
Root
18hrs 6mins ago
3 Comments
Preparing

This proposal, if approved, will:

  • Accept HRMP channel opening request from parachain 3417 Xode
  • Send HRMP channel opening request to parachain 3417 Xode
  • Register XON token on Hydration asset registry

Proposal details.

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Prepare Period2hrs
Waiting for Decision Deposit
+ Decision Deposit
Tally
93.9%Aye
6.1%Nay
Aye
≈281.06MHDX
Nay
≈18.22MHDX
  • 0.0%
  • 0.0%
  • 0.0%

Threshold

Support2.77%
≈124.93MHDX
Issuance
≈4.51BHDX
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1L66...mnwc

Would like to see someone confirm the call first.

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1539...Ax7K

I've compared this call against previous HRMP channel-open requests on Hydration, the Xode HRMP request on Basilisk, as well as previous asset registrations on Hydration. Based on this analysis, the call structure appears legitimate and follows established patterns.

I see that the channel is being opened and the token Exode Native Token (XON) is being registered with an existential deposit of 0.001 XON (1,000,000,000 base units, 12 decimals). A new assetId will be auto-assigned from the NextAssetId pool. XON will not be configured as a fee payment currency and therefore price specified.

Question: Is there a current or expected market price for XON? This information is needed to evaluate whether the chosen ED of 0.001 XON provides adequate spam protection.

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