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Untitled - public proposal #4

This proposal is a resubmission of [Referendum #66](https://bifrost.subsquare.io/democracy/referenda/66) based upon the positive comments received in [LuckyFriday's Validator Boost Proposal discussion](https://bifrost.subsquare.io/posts/3).

LuckyFriday: Validator Boost Proposal Resubmission

This proposal has been submitted based upon the positive comments received in LuckyFriday's [Validator Boost Proposal discussion](https://bifrost.subsquare.io/posts/3).

LuckyFriday: Validator Boost Proposal

## TL,DR

In order to support the [proposal to list BNC on HydraDX Omnipool](https://bifrost.subsquare.io/post/31), this proposal aims to borrow 700,000 BNC from Bifrost-Kusama Ecosystem Reserved Fund (which needs be transfered from Bifrost-Kusama Ecosystem Reserved address to the Cross-chain Bridge address, please refers to the [Bifrost-Kusama proposal](https://www.notion.so/HydraDX-BNC-Listing-Proposal-843489429b1a4699aabfbde8de62c910?pvs=21).) to Bifrost Treasury, then transfer 700,000 BNC to HydraDX via the XCM.

## Summary

Execution steps in a `batch_call`:

1. Unreserved 700,000 BNC in Bifrost-Polkadot Cross-chain Bridge address (djSk4JfeBVmDA6T4yuTZajjZGmn9h8hcSH1NE6mGE4UdFv3)
2. Transfer 700,000 BNC from Bifrost-Polkadot Cross-chain Bridge address to the Bifrost Treasury Address (eCSrvbA5gGNYdM3UjBNxcBNBqGxtz3SEEfydKragtL4pJ4F)
3. XCM Transfer 700,000 BNC from Bifrost Treasury Address to HydraDX (paraid: 2034)

Preimage hash: 0xd7f8fe69b289cb9af5958c52142831e9a3abdc3c549daba7023cf2fb9ec8e20d
![](https://i.ibb.co/9gtYzNh/Untitled-15.png)

Bifrost wants to list BNC on HydraDX Omnipool. They plan to borrow 700,000 BNC from Bifrost-Kusama Ecosystem Reserved Fund and transfer it to Bifrost Treasury. Then, they will transfer 700,000 BNC from Bifrost Treasury to HydraDX via XCM. The process will involve three steps. A preimage hash is also provided.

Democracy Public Proposals