- A proposal suggests using 1,500,000 KAR from the Karura Treasury to support aSEED(Karura).
- The goal is to make aSEED more stable and trustworthy.
- The KAR will be added to the aSEED pool in six stages over six months.
- Each month, 250,000 KAR will be added to the pool.
- This will help avoid big price changes and make the ecosystem stronger.
- All actions will be done on the blockchain and can be checked by everyone.
- The plan aims to make the Karura ecosystem more stable for the future.

proposal

Allocate 1,500,000 KAR for Staged Injection into aSEED (Karura) Collateral Pool

lastEraBumpedBlock

frequency

Council motion #532

calls

Council motion #531

### Summary
- The proposal suggests reopening the redemption function for aSEED on Karura to improve liquidity.
- aSEED supply is 2,836,865, backed by 9.16M KAR and 142.78K LKSM.
- Current book value is about $2,184,789.87, with 1 aSEED worth $0.77.
- The redemption function would allow users to redeem aSEED before it reaches $1.
- Steps include unstaking KAR, claiming rewards, and opening redemption at block #8440000.

Enable Karura aSEED Collateral Redemption Function

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- Karura is closing HRMP channels with certain parachains/parathreads due to insufficient maintenance.
- This affects asset transfers between Karura and these parachains/parathreads.
- Affected parachains/parathreads include Parallel Heiko, Genshiro, Litmus, KICO, and Pichiu.
- Users need to transfer their assets before the channels close.
- A longer referendum period is suggested to give users more time.
- Karura's bridge front end will display an announcement with details.
- This change aims to protect user assets and mitigate risks.

Proposal to Close Some HRMP Channels

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Untitled - motion #525

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Update the reward rate for KAR staking and KAR/USDC LP staking

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Karura runtime upgrade to 2270

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#114: Runtime upgrade

updates

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newCandidate

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Council Motions