Through referendum #187 (https://hydration.subsquare.io/democracy/referenda/187) token holders approved using Snowbridge to bring AAVE, sUSDS & sUSDe to Hydration.

However, since that referendum passed, Wormhole and MakerDAO/ Sky Protocol announced a partnership with Wormhole (https://x.com/wormhole/status/1858873643608273116?s=46&t=-jk8J4n-gl_nXjt4EmHUeQ) providing native USDS transfers between Ethereum and Solana. It therefore makes sense to more closely align with both parties by using the same bridge solution for our own sUSDS liquidity.

This proposal therefore, if approved, places the following on-chain remark:

Use Moonbeam Routed Liquidity (Wormhole) for sUSDS

Overwriting the previous decision to use Snowbridge for sUSDS and allowing the Hydration Council to proceed with using MRL.