### Proposal Background
Forum post: https://forum.acala.network/t/start-the-redemption-of-karura-aseed/2567

To enhance the liquidity of assets within the Karura community and address the utilization of aSEED following the cessation of further minting, I propose reopening the collateral redemption function for aSEED.
Current indicators: 
aSEED(Karura) supply = 2,836,865; 
aSEED(Karura) Composition：
- 9.16M KAR
- 142.78K LKSM
Book Value ≈ US $2,184,789.87 (current); 
1 aSEED(Karura) ≈ US $0.77 (current).

For long-term liquidity considerations, it is reasonable to enable redemption before it approaches $1. Opening the redemption function does not mean enforcing redemption; users can freely decide when to redeem based on their own judgment and circumstances.

### Proposal Content
1. aSEED(Karura) vault unstakes KAR that staked previously.
2. aSEED(Karura) vault claims unbonded and staking rewards.
3. at block #8440000, open aSEED(Karura) collateral redemption.


### 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.

#530·Enable Karura aSEED Collateral Redemption Function

Proposal Background

Proposal Content

Summary