Following on from referendum `#279` and subsequent execution depositing the `1,100,000` USDC into Sigil Stable - this referendum, if approved, will:

- mint `1,100,000` SIGIL to the Treasury - this token represents the position held by IGL on behalf of the Hydration Treasury
- add SIGIL as collateral in Supply & Borrow
    - `85%` LTV
    - `88%` LT
    - `7%` LP
    - `1,100,000` supply cap 
- supply the protocol's SIGIL position to Supply & Borrow - supporting over collateralisation of future Treasury borrows 

- We're adding 1,100,000 SIGIL tokens to the Treasury.
- SIGIL is a token that represents money the Treasury holds.
- We will let people use SIGIL as collateral to borrow other assets.
- The rules for borrowing with SIGIL are:
    * You can borrow up to 85% of your SIGIL's value.
    * If your loan reaches 88% of your collateral's value, it might be sold.
    * There's a 7% bonus for providing SIGIL to the lending pool.
- Only 1,100,000 SIGIL can be supplied to start.
- The Treasury will supply its SIGIL to help make future borrowing safer.

calls

Deciding

Submitted

DecisionDepositPlaced

DecisionStarted

root

Add POL Sigil Stable position to Treasury

whitelisted_caller

referendum_canceller

referendum_killer

general_admin

treasurer

spender

tipper

omnipool_admin

economic_parameters

Origin able to dispatch a whitelisted call.

 Origin for spending very high amounts of HDX(<= 50M HDX) from the treasury as well as generally administering it.

Origin able to spend up to 2,222,222 HDX from the treasury at once.

Origin able to spend up to 50K HDX from the treasury at once.

Origin able to perform specific Omnipool-related actions.