This referendum, if approved, will:

- **Withdraw 10.5 WBTC** from Acala to HydraDX Treasury
- **Withdraw 2.2M DAI** from Acala to HydraDX Treasury
- *Schedule the following for after 10 blocks:*
- **Create OTC order to swap 2.2M DAI for 2.178M USDT (native)** [1% premium]
- **Create OTC order to swap 10.5 WBTC for 10.294 iBTC** [2% premium]

- The referendum wants to move some WBTC and DAI from Acala to HydraDX Treasury.
- After 10 blocks, there will be a swap of DAI for USDT and WBTC for iBTC.
- There will be a small premium for these swaps.

Withdraw DAI & WBTC from Acala to HydraDX treasury & create OTC orders

No Active Proposals