This referendum, if approved, will:

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- Send **256 WETH, 500,000 DAI & 10.98 WBTC** from Acala to HydraDX treasury

- **Increase TVL cap to $8,000,000**
- Set weight caps of WETH, DAI & WBTC to 100% 
- **Add 256 WETH to Omnipool**
- **Add 500 000 DAI to Omnipool**
- **Add 10.98 WBTC to Omnipool**
- Set weight cap of WETH to 45% 
- Set weight cap of DAI to 45% 
- Set weight cap of WBTC to 35% 
- Set weight cap of HDX to 10% 
- **Add 8,400,000 HDX to Omnipool**
- **Set weight cap of HDX to 5%**

- **Open HDX -> CFG HRMP channel**

- **Accept ASTR -> HDX HRMP channel**

The proposal outlines AngelHack's Polkadot Global Series: Europe Edition, aiming to foster engagement within the Web3 community. It recaps the virtual hackathon and in-person dotSocial event, detailing participant metrics, challenge tracks, and budget breakdown. Notable outcomes include 923 participants, 495 formed teams, and diverse track winners. Insights reveal strong interest in blockchain, desire for better mentorship, and clearer communication. Future improvements include enhanced team formation support, clearer guidelines, and expanded workshop offerings. Despite falling short of some registration targets, the event successfully engaged a diverse group and provided valuable learnings for future hackathons. AngelHack seeks funding for the event's execution, emphasizing its impact on developer outreach and project adoption within the Polkadot ecosystem.

Attract financial institutions to the Polkadot ecosystem.

- This referendum is about moving some digital currencies from one place to another.
- It also wants to increase the amount of money that can be used in a certain place.
- It wants to add more digital currencies to a pool.
- It wants to set limits on how much of each digital currency can be used.
- It wants to open and accept channels for transferring digital currencies.

Transfer Omnipool Liquidity, Add to Omnipool, & HRMP channel requests/ accepts

No Active Proposals