**Requested Amount:** 33,333 KSM

**Date (Discussion):** 21-01-25

**Short Description:** Strengthen KSM on-chain liquidity by providing 33,333 KSM as liquidity into the Hydration Omnipool -  opening up value flows between Kusama and Polkadot. The funds remain under the control of the Kusama Protocol and OpenGov after successfully launching KSM trading on Hydration.

**Please read the full proposal [here](https://docs.google.com/document/d/1wZnqrjTAQsZXVZpJk8tUQ6G-XsSwgsOUtwji_cn0nk0/edit?usp=sharing).**

# Summary
The goal of this proposal is to contribute towards building an accessible, deep layer of native liquidity on Polkadot and connecting that with Kusama - encouraging value flows between the sister chains without the need for a centralised intermediary.

If approved, this proposal will provide 33,333 KSM from the Kusama Treasury into the Hydration Omnipool - after KSM is launched for swaps on Hydration, the liquidity position will remain under the control of the Kusama Protocol and OpenGov.

The requested KSM would be added to the Omnipool as single-sided liquidity, in the same way that [1,000,000 DOT were added through ref #560](https://polkadot.subsquare.io/referenda/560) - this would be the most liquid trading venue for KSM on Polkadot and finally provide a simple and trustless way to move value between Polkadot and Kusama. No more hops on CEX required to make the move!


The proposal aims to improve Dot Code School by adding local coding environments and help new Polkadot SDK developers by simulating real-world development. It suggests using a custom Git server with chapter-specific tests to connect theory with practice. Led by Batman, this initiative makes learning easier through UI design, feedback, and accountability features.

Propose and approve a spend of treasury funds.

## Dispatch Origin

Must be [`Config::SpendOrigin`] with the `Success` value being at least `amount`.

### Details
NOTE: For record-keeping purposes, the proposer is deemed to be equivalent to the
beneficiary.

### Parameters
- `amount`: The amount to be transferred from the treasury to the `beneficiary`.
- `beneficiary`: The destination account for the transfer.

## Events

Emits [`Event::SpendApproved`] if successful.

- **Problem Statement:** Enhancing KSM on-chain liquidity by injecting 33,333 KSM into the Hydration Omnipool to facilitate value transfers between Kusama and Polkadot.
- **Significance:** Facilitating seamless value transfers between Kusama and Polkadot without relying on centralized intermediaries.
- **Proposed Solution:** Injecting 33,333 KSM into the Hydration Omnipool to boost liquidity and enable straightforward value transfers between the two chains.
- **Expected Outcomes:** Increased accessibility to native liquidity on Polkadot, fostering value flows between Kusama and Polkadot without the need for centralized exchanges.

#490 Kusama Hydration: Treasury LP

No Active Proposals