# List ZEC in the money market

This proposal, if approved, will list ZEC (asset 1001357) in the Hydration money market as collateral and as a borrowable asset, following its launch in the Omnipool.

Execution will:

- add ZEC to the money market with a `70%` LTV, `75%` liquidation threshold and `7%` liquidation bonus, priced by the ZEC/USD oracle
- set a supply cap of `809` ZEC and a borrow cap of `404` ZEC (~$1M and ~$500k at $1,234.90), with a `20%` reserve factor and the same interest rate curve as SOL, ETH and HYPE
- register aZEC (asset 1011) in the asset registry and accept it for fee payment
- register on-chain router routes between ZEC and every money-market asset outside the Omnipool so that liquidations can always settle, plus routes from HDX and WETH to aZEC for fee pricing
- enable the ZEC/aZEC pair in the ICE solver's routing, so intents involving aZEC can be solved
- supply the Treasury's full ZEC balance (~15.7 ZEC) to the money market, converting it to aZEC

Track: Root. Preimage hash `0x49a5ed78d3b25a028b34808e286e06d7aea4c380ba6cf29575d6a6f969badfa2`.


# Listing ZEC in the Hydration Money Market

This page is about a plan to add ZEC (a digital currency) to Hydration's money market.

- ZEC can be used as collateral (something you promise) and can be borrowed.
- It gets a 70% loan-to-value and a 75% liquidation threshold.
- There are limits: 809 ZEC can be supplied and 404 ZEC borrowed.
- A new token called aZEC is created and can be used to pay fees.
- Special routes are set up so trades and liquidations always work.
- ZEC/aZEC is added to the ICE solver's routing for intents.
- The Treasury's ~15.7 ZEC is supplied to the money market.

calls

Deciding

Submitted

DecisionDepositPlaced

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root

List ZEC in the money market

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.