Council motion #563

Voting - Update incentives for KAR staking

Runtime Upgrae - 2.30.0

Karura runtime upgrade 2290

Deploy Some System Contracts for UI2.0

Adjust the reward rate for KAR staking and KAR/USDCet LP staking

Karura Runtime Upgrade to 2.28.0

- 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.

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

### 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

- 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

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

Untitled - motion #181

Karura runtime upgrade to 2270

#114: Runtime upgrade

Update incentives for KAR staking and KAR/USDC LP staking

#112 - Runtime upgrade - Update Polkadot SDK and upgrade Acala EVM+

Proposal: [Marketing campaign for Karura with Playnation]

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

Gate.io is a digital asset exchange platform used by millions of people around the world. They are planning to host a trading competition for KAR in the next few days. Karura Foundation will provide $10k worth of KAR as a reward for activating the trading volume and depth of KAR in Gate. 

There are three activities in the KAR trading campaign. 

Activity 1: Users who make no less than $200 spot trading volume in KAR will share $8,000 GROW portionally.

Activity 2: New users who register during the activity period for a Gate.io account will receive $10 each, first come, first served. New users who have no less than $50 fiat trading volume will have the opportunity to receive an additional $5.

Activity 3: Users who invite friends during the activity period to register for a Gate.io account will receive $5 for each invitee.

The total budget for the campaign will be 77,519 KAR tokens, and the campaign period will be 1 week.

Proposal for KAR Trading competition reward on Gate.io Exchanges.

Perform least swap with para id 2233

#107 - Runtime upgrade - Update Polkadot SDK and upgrade Acala EVM+

- The aSEED treasury has some tokens and wants to make more money.
- They plan to do this by staking and other ways.
- They want to meet certain goals to make their tokens worth more.
- They suggest staking all KSM via LKSM and staking all KAR.
- They also want to bond some KAR for staking and convert some KSM to LKSM.

Stake aSEED(Karura) Treasury Tokens

Refund KSM for failed XCM transfer

- Acala 2.0 Exodus plan includes aSEED conversion.
- CDP positions on Karura with outstanding debt will be settled at pre-approved prices.
- Collaterals for unpaid debt will become part of aSEED treasury.
- CDP owners have 1 week to repay debts and withdraw collaterals to avoid conversion.
- After conversion, there will be a vote for redemption rules.

Tech. Comm. Proposals