This proposal, if approved, will create the following OTC order: - Swap 2,200,000 DAI Wormhole (Moonbeam) for 2,189,000 USDC AssetHub [0.5% premium]
USDC from the AssetHub has already been registered on the HydraDX asset registry, and once launch of this asset takes place this OTC order will be ready to be filled. Once filled, another referendum will follow to launch it for trading in the Omnipool.
Circle will launch USDC on Polkadot network in September.
HydraDX community will diversify some of their DAI POL to USDC (native) when it becomes available.
This proposal creates an OTC order to swap 2,200,000 DAI Wormhole for 2,189,000 USDC AssetHub with a 0.5% premium.
USDC from AssetHub has been registered on the HydraDX asset registry.
Once the OTC order is filled, another referendum will follow to launch it for trading in the Omnipool.