calls

Untitled - motion #462

The last Kusama runtime upgrade introduced an issue that may result some XCM transfer to be partially executed. For more details, please check [this post](https://forum.polkadot.network/t/xcm-upgrade-to-v3/4690).

The KSM are sent to the Karura sovereign account on Kusama however due to the issue, Kusama did not send XCM to Karura to allow Karura to credit the received KSM to destination account. In order to correct this, this proposal will mint those KSM on the destination account at Karura.

A list of impacted transfers into Karura are collected and can be view [here](https://gist.github.com/xlc/3099187a894461294a57b69736590b5e).



- There was an issue with a recent upgrade to Kusama that caused some transfers to not be fully executed.
- This means that some KSM (a type of cryptocurrency) that were sent to Karura did not get credited to the correct account.
- To fix this, a proposal was made to mint (create) the missing KSM on the correct account at Karura.
- A list of the transfers that were impacted can be viewed on a website called GitHub.
- This is important because it helps make sure that people's cryptocurrency transfers are completed correctly.

proposal

Restore partially executed XCM transfers

Untitled - motion #460

dest

message

Untitled - motion #459

## Summary
This is a runtime upgrade for Acala & Karura that introduces new configurations for pallet incentives and minor improvement for xtokens precompile.

Release Note: https://github.com/AcalaNetwork/Acala/releases/tag/2.22.0

# Referendum
https://karura.subscan.io/referenda/96
https://karura.subsquare.io/democracy/referendum/96

#96 Runtime upgrade - Bug fixes and improvements

Untitled - motion #457

Untitled - motion #456

## KAR Staking Sub-Program

At the heart of this program is the aim to align stakeholders, Karura ecosystem participants, protocol functionalities, network infrastructures, ecosystem growth, and KAR utility within the Karura Network. By doing so, we seek to optimize network growth and sustainability while enhancing KAR’s role as a fundamental utility.

- Target KAR Staking APR: 10%
- Target Staking Rate: 30% to 50%

APR will vary depending on market conditions and participation. This proposal covers the initial two months’ incentive, and further incentive adjustments will be proposed in the following week.

## KAR Liquidity Pair Sub-Program

We understand the importance of fostering liquidity within the Karura ecosystem. To achieve this, we’re introducing long-term incentivized liquidity pools on Karura Swap, powered by KAR. The first pair is KAR-USDCet with the following parameters

- Target APR: 10% - 16%
- Target liquidity $300k - 600k

APR will vary depending on market conditions and participation. This proposal covers the initial two months’ incentive, and further incentive adjustments will be proposed in the following month.

Sub-programs of other liquidity pairs will be available in separate proposals.

## Proposal Contents

1. Transfer 883,332 KAR from Karura Treasury to incentives reward vault account (qmmNufxeWaAVN8EJK58yYNW1HDcpSLpqGThui55eT3Dfr1a)
a. 716,666  KAR for KAR staking
b. 166,666 KAR for KAR-USDCet pair
c. This is the first two months’ incentives

2. at block #5,386,400(estimated time: 2023-10-10 06:05 (+UTC)), set KAR staking incentive reward rate to 300,000 KAR for the first month. base reward 240,000 KAR, loyalty bonus 60,000 KAR

3. at block #5,386,700(estimated time: 2023-10-10 06:03 (+UTC)),  start bootstrap KAR/USDCet pair on Karura Swap
a. minimum contribution is 15 KAR or 1 USDCet
b. bootstrap target is 150,000 KAR or 10,000 USCet
c. it will not end before block #5,401,100

4. at block #5,401,100(estimated time: 2023-10-12 06:03 (+UTC)) :
a. end bootstrap for KAR/USDCet pair. 
b. set KAR/USDCet incentive reward rate to 166,666 KAR for first two months. base reward 83,333 KAR, loyalty bonus 83,333 KAR

5. at block #5,602,400(estimated time: 2023-11-09 05:03 (+UTC)), increase KAR staking incentive reward rate to 416,666 KAR for the second month. base reward 333,332.8 KAR, loyalty bonus 83,333.2 KAR

6. at block #6,466,700(estimated time: 2024-03-08 06:03 (+UTC)), enable claim loyalty bonus for KAR/USDCet

Karura Network has introduced two sub-programs to enhance KAR's role as a fundamental utility. The first sub-program is KAR Staking, which aims to align stakeholders, participants, and network infrastructures. The target KAR Staking APR is 10%, and the target staking rate is 30% to 50%. The second sub-program is KAR Liquidity Pair, which fosters liquidity within the Karura ecosystem. The first pair is KAR-USDCet, and the target APR is 10% - 16%. The proposal covers the initial two months' incentives, and further incentive adjustments will be proposed in the following weeks. The proposal includes transferring 883,332 KAR from Karura Treasury to incentives reward vault account, setting KAR staking incentive reward rate, starting bootstrap KAR/USDCet pair on Karura Swap, and enabling claim loyalty bonus for KAR/USDCet.

Initial Stage of the KAR Staking and Karura Swap Liquidity Mining Program 🚀

## Summary
This is a full release for Acala & Karura that fixes issues for ACA/KAR staking, liquid crowdloan, and EVM pallets.

Release Note: https://github.com/AcalaNetwork/Acala/releases/tag/2.21.0

# Referendum
https://karura.subscan.io/referenda/94
https://karura.subsquare.io/democracy/referendum/94

#94 Runtime upgrade - Bug fixes and improvements

Untitled - motion #453

Untitled - motion #452

## Summary
This is a full release for Acala & Karura that upgrades Substrate/Cumulus/Polkadot to v1.0.0. This also includes KAR staking pallet.

Release Note: https://github.com/AcalaNetwork/Acala/releases/tag/2.20.0

# Referendum
https://karura.subscan.io/referenda/93
https://karura.subsquare.io/democracy/referendum/93

#93 Runtime upgrade - Update Substrate/Cumulus/Polkadot version to v1.0.0

Untitled - motion #450

Untitled - motion #449

Untitled - motion #448

Untitled - motion #447

https://acala.discourse.group/t/kar-emission-upgrade/2181

KAR Emission Vote

Untitled - motion #445

This proposal will convert aUSD to aSEED in the on-chain assetRegistry (token name as aUSD SEED and token symbol as aSEED), read more [here](https://wiki.acala.network/acala-exodus-upgrade/ausd-seed-aseed#ausd-conversion)

Karura preimage:
`0x7a070081246155534420534545441461534545440c00e40b54020000000000000000000000`

Refer: https://acala.discourse.group/t/aseed-i-ausd-to-aseed-conversion/2175


aSEED I: aUSD to aSEED conversion

https://acala.discourse.group/t/karura-proposal-revert-ausd-quota-initiated-for-the-fungibility-pallet/2171

Revert aUSD quota initiated for the fungibility pallet

Untitled - motion #442

Untitled - motion #441

Untitled - motion #440

## Background
Following the passing of the vote for the generation of the Exodus Plan, this is to propose aSEED (Karura) I setting risk parameters of aUSD including stop aUSD minting, liquidation etc in preparation for aUSD conversion to aSEED (Karura). Below are the risk parameters to be adjusted: 
+ Liquidation Ratio = 0%
+ Debt Ceiling = 0
+ Stability Fee = 0
+ Liquidity Penalty = 0

## Reference
+ [General direction vote](https://voting.opensquare.io/space/karura/proposal/QmUuHgFt4fN4iKU6JzW2utx2cykz4Er3EyhLHRwYEjDk3r)
+ [The Exodus Plan](https://acala.discourse.group/t/acala-exodus-plan/2125)


- A proposal has been made to adjust risk parameters for aUSD to aSEED (Karura) conversion.
- This is in preparation for the Exodus Plan, which is a plan to move from one platform to another.
- The risk parameters being adjusted include liquidation ratio, debt ceiling, stability fee, and liquidity penalty.
- The proposal was made after a vote was passed for the Exodus Plan.
- You can find more information about the vote and the Exodus Plan in the provided links.

Council Motions