This proposal, if approved, will fund the initial deployment of SOL, jitoSOL/ SOL & PRIME oracle smart contracts on Solana - in addition to 12 months+ of estimated fees for their operation. The oracle price feeds are already operational - and will be used to replace the existing manual oracle updates for GSOL + PRIME.

Part of the HDX will be swapped for SOL to reimburse setup costs + pay for gas fees on Solana, whilst the majority will be used as gas costs on the Hydration side - therefore ending up back in the Treasury anyway.

The funds can also be used to deploy and run the wstETH/stETH oracle deployment on Ethereum mainnet - when it is prepared.