As per referendum #8 (https://hydration.subsquare.io/referenda/8) this proposal, if approved, will:
- set the tradeable state of assetId
101 (iBTC/WBTC 2-Pool shares) to 8 - this stops trading of iBTC & WBTC and the addition of new liquidity
- removes position
5690 from the Omnipool - this is the Treasury's full iBTC/WBTC 2-Pool position
- removes
29 shares from the 101 stablepool
- transfers
10 iBTC from the Treasury to the Omnipool account
- transfers
10 WBTC from the Treasury to the Omnipool account
- launches trading for iBTC - weight cap
5%, initial price 35360066006600700000000000, which with an H2O price of $30.30 translates to an iBTC price of $107,141
- launches trading for WBTC - weight cap
5%, initial price 34009570957095700000000000, which with an H2O price of $30.30 translates to a WBTC price of $103,049
The prices of WBTC & iBTC were taken from Hydration at the time of the proposal being created.