Open HRMP cross-chain communication channel between Picasso and Bifrost
Democracy
2 Comments
Executed

Picasso aims to become the DeFi hub of Kusama, connecting parachains with the broader Cosmos ecosystem. Through opening this XCM channel, Bifrost assets will have access to Picasso dapps, thereby increasing the utility and TVL of vKSM and other Bifrost tokens.

For example, we will setup pools for vKSM and BNC 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.

Flow

  • Accepts existing open request channel from Picasso
  • Sends open request to Picasso

Requires

This requires 11 KSM to be on the target Parachain 2001(Bifrost) account.

Detailed flow

  • Sends XCM message to Kusama
  • Puts 1 KSM into holder from Parachain 2001 account
  • Sets 1 KSM as payment asset
  • Executes batch transaction 0x1802083c01270800003c00d1070000e803000000900100
  • 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 2001 account
Edited
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Votes
50%Aye
50%Nay
Aye
0 bnc
Nay
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Turnout
0 bnc
Electorate
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Passed
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Metadata
Proposer
Hash
Delay
02023-01-24 13:01:48
End
02023-01-22 12:08:30
Threshold
Call
Table
Json
callIndex0x2900
sectionpolkadotXcm
methodsend
args
dest
v1
parents1
interior
herenull
message
v2
0
withdrawAsset
id
concrete
parents0
interior
herenull
fun
fungible1000000000000
1
buyExecution
fees
id
concrete
parents0
interior
herenull
fun
fungible1000000000000
weightLimit
unlimitednull
2
transact
originTypeNative
requireWeightAtMost2000000000
call
encoded0x1802083c01270800003c00d1070000e803000000900100
3
depositAsset
assets
wild
allnull
maxAssets1
beneficiary
parents0
interior
x1
parachain2001
TimelineLatest activity undefined
2023-01-15 08:17:36
Started
referendumIndex
151
voteThreshold
SuperMajorityApprove
2023-01-22 12:08:30
Passed
referendumIndex
151
2023-01-24 13:01:48
Executed
result
ok
Comments

Found error in message. Wrong other direction open channel request encoding (transaction failed). Will recreate new voting.

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