This is a referendum whose proposer address (EtAbmzZBkU5GSLDKpg33BtTuBWT326mcxbBLN8uQJX2jF8L) is shown in on-chain info below. Only this user can edit this description and the title. If you own this account, login and tell us more about your proposal.

Problem Statement and Audience:
- Problem Statement: The proposal aims to open a bi-directional channel between Moonriver and Shiden and register the SDN token.
- Audience: Polkassembly members and stakeholders interested in cross-chain transfers between Moonriver and Shiden.

Significance:
- The proposal allows for the transfer of MOVR and SDN tokens between Moonriver and Shiden, with potential for expansion to other use cases.

Proposed Solution:
- Open an HRMP channel from Moonriver to Shiden and accept an HRMP channel from Shiden to Moonriver.
- Register the SDN token as xcSDN with specific details.

Expected Outcomes:
- Enable XCM-based cross-chain transfers between Moonriver and Shiden.
- Facilitate the transfer of MOVR and SDN tokens between the two chains.
- Increase interoperability and connectivity between Moonriver and Shiden.

Referendum #102