Open HRMP channel with Picasso
Democracy
3 Comments
Executed
Value:
Picasso enables IBC(trustless bridge) assets transfers and transactions.
Enacts:
- Accepts open request channel from Picasso
- Sends open request to Picasso
Requires:
11 KSM to be on Parachain 2000(Karura) account
Detailed flow:
- Sends XCM message to Kusama
- Puts 1 KSM into holder from Parachain 2000 account
- Sets 1 KSM as payment asset
- Executes batch transaction https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Fkusama-rpc.polkadot.io#/extrinsics/decode/0x1802083c01270800003c0027080000e803000000900100
- Accepts open channel request from Picasso 2087
- Sends open channel request to Picasso 2087 with default parameters
- Remaining fee assets are returned back to Parachain 2000 account
Edited
Reply
Up
Metadata
Proposer
Hash
Delay
02022-10-26 12:30:42
End
02022-10-24 10:51:18
Threshold
Call
Table
Json
| callIndex | 0x3300 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| section | polkadotXcm | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| method | send | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| args |
|
TimelineLatest activity undefined
Comments
Picasso aims to become the DeFi hub of Kusama, connecting parachains with the broader Cosmos ecosystem. Through opening this XCM channel, Karura assets will have access to Picasso dapps, thereby increasing the utility and TVL of aUSD and other Acala tokens.
Reply
Up
For example, we will setup pools for aUSD and KAR on Pablo, as well as integrating them within our later released pallets such as CosmWasm. This opens up the possibility to also support these tokens within our IBC bridge that will launch in the future too.
Reply
Up
Replaced by https://karura.subsquare.io/democracy/proposal/9 because of weight error.
Reply
Up