This proposal, if approved, will launch LINK for trading in the Omnipool with an initial price of 0.6498 H2O
- given an H2O price of $20.50
this translates into a LINK price of $13.32
LINK will be added with a 3%
weight cap and the owner of the position will be the Hydration Treasury - 7L53bUTBopuwFt3mKUfmkzgGLayYa1Yvn1hAg9v5UMrQzTfh
.
Initial liquidity of 8132
LINK (~$110,716) was previously accumulated as per referendum #42 (https://hydration.subsquare.io/referenda/42) - with a Treasury DCA for a further 100,000
USDT to be initiated once trading is live.