This referendum, if approved, will:

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- Send **245.5 WETH & 200,000 DAI** from Acala to HydraDX treasury

- **Increase TVL cap to $10,000,000**
- Set weight caps of WETH & DAI to 100% 
- **Add 245.5 WETH to Omnipool**
- **Add 200 000 DAI to Omnipool**
- Set weight cap of WETH to 45% 
- Set weight cap of DAI to 45% 
- Set weight cap of HDX to 100%
- **Add 6,690,753 HDX Omnipool**
- Set weight cap of HDX to 5%

Transfer WETH & DAI from Acala to HydraDX Treasury & Add Liquidity to Omnipool

This referendum, if approved, will:

--------------------------------------

- Send **245.5 WETH & 200,000 DAI** from Acala to HydraDX treasury

- **Increase TVL cap to $10,000,000**
- Set weight caps of WETH & DAI to 100% 
- **Add 245.5 WETH to Omnipool**
- **Add 200 000 DAI to Omnipool**
- Set weight cap of WETH to 45% 
- Set weight cap of DAI to 45% 

Transfer Omnipool Liquidity & Add to Omnipool

This referendum, if approved, will:

--------------------------------------

- Send **256 WETH, 500,000 DAI & 10.98 WBTC** from Acala to HydraDX treasury

- **Increase TVL cap to $8,000,000**
- Set weight caps of WETH, DAI & WBTC to 100% 
- **Add 256 WETH to Omnipool**
- **Add 500 000 DAI to Omnipool**
- **Add 10.98 WBTC to Omnipool**
- Set weight cap of WETH to 45% 
- Set weight cap of DAI to 45% 
- Set weight cap of WBTC to 35% 
- Set weight cap of HDX to 10% 
- **Add 8,400,000 HDX to Omnipool**
- **Set weight cap of HDX to 5%**

- **Open HDX -> CFG HRMP channel**

- **Accept ASTR -> HDX HRMP channel**

- A referendum is being proposed.
- If approved, it will send some money to a treasury.
- It will increase the TVL cap to $8,000,000.
- It will add some tokens to Omnipool.
- It will open some channels for trading.

Transfer Omnipool Liquidity, Add to Omnipool, & HRMP channel requests/ accepts

Add PHA to the asset registry

This referendum, if approved will enact the following:

- **Increase TVL cap to $6,000,000**
- Set weight caps of WETH, DAI & WBTC to 100% 
- **Add 306 WETH to Omnipool as LP from treasury**
- **Add 600 000 DAI to Omnipool as LP from treasury** 
- **Add 11 WBTC to Omnipool as LP from treasury**
- Set weight cap of WETH to 45% 
- Set weight cap of DAI to 45% 
- Set weight cap of WBTC to 35% 
- **Set weight cap of HDX to 6%** 
- **Cancel HRMP Channel Open request to Statemint** *[Previous attempt failed]*

For a second-grade student:

- There is a vote happening to make some changes in a place called Omnipool.
- They want to let more money be used there, up to $6,000,000.
- They also want to add more of some special money called WETH, DAI, and WBTC to Omnipool.
- They will limit how much of each type of money can be used there.
- They will cancel something that didn't work before.

TVL Cap Increase, Asset Weight Cap Changes, Add Moar ETH, WBTC & DAI, & Cancel HRMP (Statemint)

Send **306 WETH, 600 000 DAI & 11 WBTC** from Acala to HydraDX treasury

Bridge WETH, DAI & WBTC to the HydraDX parachain treasury

This referendum, if approved, will:

- **Increase TVL cap to $4,000,000**
- Set weight caps of WETH, DAI & WBTC to 100%
- **Add 316.45 WETH to Omnipool**
- **Add 500 000 DAI to Omnipool**
- **Add 13.09 WBTC to Omnipool**
- Set weight cap of WETH to 45% *[same as current]*
- Set weight cap of DAI to 45% *[same as current]*
- Set weight cap of WBTC to 35% *[same as current]*
- **Set weight cap of HDX to 7%**

Increase TVL Cap, Add Liquidity to Omnipool & Adjust Weight Caps

Send **316.45 WETH**, **500 000 DAI** & **13.09 WBTC** from Acala to HydraDX treasury

[**This is the second proposal, the first will be cancelled due to badOrigin on the sacrificing of the positions**]

This referendum, if approved will enact the following:

- **raise TVL cap to $2,222,222**
- set DAI weight cap to 100%
- set ETH weight cap to 100%
- **add 185.45 ETH to Omnipool as LP from treasury**
- **add 300,000 DAI to Omnipool as LP from treasury**
- **set DAI weight cap to 45%**
- **set ETH weight cap to 45%**
- **set HDX weight cap to 8%**
- sacrifice position 978 (50k DAI)
- sacrifice position 979 (63.75 ETH)

The weight caps of ETH and DAI are temporarily increased to 100% to prevent adding of liquidity from failing, but adjusted to 45% weight cap at the end of the batch.

Sacrificing of positions 978 & 979 pertain to last week's additional liquidity adding - this is an additional step in changing the status of treasury LP to POL.

SubSquare is proposing changes to their Omnipool. If approved, the changes will include raising the TVL cap to $2,222,222, adding more ETH and DAI to the Omnipool, and setting weight caps for DAI, ETH, and HDX. They will also sacrifice two positions from last week's liquidity adding. The weight caps of ETH and DAI will be temporarily increased to 100% to prevent adding of liquidity from failing, but adjusted to 45% weight cap at the end of the batch.

TVL Cap Increase, Asset Weight Cap Changes & Add Moar ETH & DAI [Version 2]

- Force transfer 13.1654 WBTC from treasury to Omnipool
- Add 13.1654 WBTC to Omnipool with 30% weight cap

Add WBTC to Omnipool

This referendum, if approved will enact the following:

- **raise TVL cap to $2,222,222**
- set DAI weight cap to 100%
- set ETH weight cap to 100%
- **add 185.45 ETH to Omnipool as LP from treasury**
- **add 300,000 DAI to Omnipool as LP from treasury**
- **set DAI weight cap to 45%**
- **set ETH weight cap to 45%**
- **set HDX weight cap to 8%**
- sacrifice position 978 (50k DAI)
- sacrifice position 979 (63.75 ETH)

The weight caps of ETH and DAI are temporarily increased to 100% to prevent adding of liquidity from failing, but adjusted to 45% weight cap at the end of the batch.

Sacrificing of positions 978 & 979 pertain to last week's additional liquidity adding - this is an additional step in changing the status of treasury LP to POL.

- A referendum is being proposed.
- The referendum will change some rules for a platform called Omnipool.
- The changes will allow more money to be added to Omnipool.
- Some positions will be sacrificed to make these changes.
- The changes will be temporary at first, but will be adjusted later.

TVL Cap Increase, Asset Weight Cap Changes & Add Moar ETH & DAI

Untitled - external proposal 0x6e9938

Withdraw **13.16545 WBTC**, **185.451 ETH** & **300,000 DAI** from Acala to HydraDX treasury

Bridge initial WBTC liquidity and more ETH & DAI to the parachain treasury

Fix ED for LRNA and BTC, disable APE & USDC

**[Full release notes](https://github.com/galacticcouncil/HydraDX-node/releases/tag/v15.1.2)** 

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This release fixes a misconfiguration in which the HubAssetImbalance *becomes more negative* from non-LRNA trades instead of *becoming less negative* (moving towards 0). It will also reset the HubAssetImbalance to 0.

0.05% of every trade is paid in LRNA as a **Protocol Fee** - in the design, when the HubAssetImbalance is <0, this fee is burned in order to slowly bring the HubAssetImbalance back to 0.

In the current implementation, the Protocol Fee is actually moving the HubAssetImbalance further from 0 - as a result, the HubAssetImbalance would never move towards 0 and the protocol would eventually burn too much LRNA.

**As with [Referendum #20](https://hydradx.subsquare.io/democracy/referendum/20); please note that adjusting the parameters of the LRNA imbalance mechanism and resetting the HubAssetImbalance will not have any negative impact on past trades or provided liquidity.**

-----

We found this issue thanks to the help of community member **amphibiousParakeet**, whose relentless pursuit to understand the mechanisms behind the Omnipool first brought this to light. I will be proposing to the rest of the HydraDX Council that we pay a bug bounty under the previously agreed spending framework and would encourage all other curious developers (whether professional or hobbyist) to join us on a bug hunt!

- HydraDX-node released a new version to fix a problem in the HubAssetImbalance configuration.
- The Protocol Fee is paid in LRNA, and it is supposed to bring the HubAssetImbalance back to 0.
- Due to a misconfiguration, the Protocol Fee was moving the HubAssetImbalance further from 0.
- The new release will reset the HubAssetImbalance to 0 and fix the misconfiguration.
- This fix will not affect past trades or provided liquidity.

Adjustment to LRNA Imbalance Mechanism (Runtime upgrade to v15.1.2)

Untitled - motion #34

This proposal will execute the following:

- Set TVL cap to $1,000,000
- Add 63.75 ETH to the Omnipool as POL
- Add 50,000 DAI to the Omnipool as POL
- Set ETH weight cap to 50%
- Adjust DAI weight cap to 50%
- Adjust DOT weight cap to 80%
- Adjust HDX weight cap to 9%

- Rescind HRMP channel request to Statemint due to alternative process being available (see proposal [here](https://polkadot.subsquare.io/post/7))
- Rename ETH in asset registry from Ether to Ethereum (via Wormhole)

Add ETH to Omnipool, TVL & Weight Cap Adjustments & HRMP Cancel

Based on [referendum #18](https://hydradx.subsquare.io/democracy/referendum/18) this proposal withdraws 63 ETH and 50k DAI from Wormhole bridge and deposits it into treasury. Funds are to be deposited by council to bridge in the transaction #7 from Ethereum treasury safe.

Bridge initial ETH liquidity and more DAI to the parachain treasury

It has been 11 days since we launched the Omnipool following our plan for a phased release which was proposed [here](https://hydradx.substack.com/p/hydrating-the-omnipool) and later [approved](https://hydradx.subsquare.io/democracy/referendum/18) by the HydraDX community. One of the reasons why we adopted this gradual approach is to monitor performance and tweak any parameters as we move forward and gain a better understanding of how the Omnipool behaves in the wild.

This proposal is to adjust one of the Omnipool parameters. As you’ll understand from our blog “[Feeding every Hydrahead](https://hydradx.substack.com/p/feeding-every-hydrahead)”, there are LRNA stabilization mechanisms which help reduce IL for LPs over time, one of which is described in the blog as “ *Whenever LRNA is sold back to the Omnipool, the accumulated Protocol Fee would be activated to burn LRNA until ~2x the amount of LRNA sold back is burnt. This provides an interesting game theory dynamic as the Protocol Fee helps support the price of LRNA.* ”

After reviewing the early performance of the Omnipool, we came to the conclusion that the so-called HubAssetImbalance is currently configured to burn too much LRNA. Against this background, we would like to propose the following two actions:

- Tweak the parameters in a way that reduces the amount of LRNA burned by the imbalance mechanism, thereby allowing it to operate closer to our conception;

- Reset the current HubAssetImbalance by setting it to zero.

**[Runtime upgrade to v15.1.1 release notes](https://github.com/galacticcouncil/HydraDX-node/releases/tag/v15.1.1)**

**Please note that adjusting the parameters of the LRNA imbalance mechanism and resetting the HubAssetImbalance will not have any negative impact on past trades or provided liquidity.**



- HydraDX launched Omnipool 11 days ago in a phased approach to monitor and adjust its performance.
- They want to adjust one of the Omnipool parameters related to LRNA stabilization mechanisms to reduce IL for LPs over time.
- The current HubAssetImbalance is burning too much LRNA, so they want to reduce the amount burned and reset it to zero.
- These changes will not affect past trades or provided liquidity.
- There is a new runtime upgrade to v15.1.1.

Proposal to Adjust the LRNA Imbalance Mechanism (Runtime upgrade to v15.1.1)

Rename WETH to ETH

Send HRMP Channel Open Request to Phala

This referendum, if approved, will **increase the Omnipool TVL Cap to $500,000** (currently set to $222,222)

Tech. Comm. Proposals