Proposal to change fee/yield address for the stable asset pallet
Democracy
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Tabled

Context
We distribute stable asset rewards manually through our multisig account in the current setup. Due to the manual operations from multisig wallet, we distribute rewards on a weekly basis which we want to shorten to a daily basis. To make the above happen, we deployed a smart contract on EVM+ that disperse funds automatically when we trigger a reward distribution. The EVM contract has been deployed on Karura and it’s been tested extensively.
Proposal
To use the new EVM+ address deployed in the stable asset pallet, we need to change the fee recipient and yield recipient addresses to the EVM+ address: qbK5taeJoMcwJoK3hZ7W8y2KkGu1iDRUvjrg9xQMsUKrrv7 in polkadot format and 0x05fC4e64B4242ef130F14Da7DFBCd0fD0266bFe7 in EVM format.
The above call is in the proposal #11: https://karura.subsquare.io/democracy/proposal/11
Preimage hash: 0xa9e6724797d27faecdaec4a9b822acfc158f4fa4b017c6751460a36fbce8c91e
Once the above call is completed, we can distribute the stable asset rewards automatically.

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Metadata
hash
0xa9e6724797d27faecdaec4a9b822acfc158f4fa4b017c6751460a36fbce8c91e
deposit
100 KAR
proposer
TimelineLatest activity undefined
2023-01-17 04:55:54
Proposed
Index
#11
2023-01-20 18:07:24
Tabled
Referendum Index
#78
Deposit
100 KAR
Depositors
0
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