This is a proposal to open both directions channel between AssetHub (ParaID1000) and Polimec (ParaID3344)

Opening a channel between AssetHub and Polimec is crucial as projects looking to fundraise on Polimec will do so in stable coins (USDT or USDC) or other tokens as decided by the project raising funds.

With the open channel we see potential for significant increased usage of Polkadot native USDC and USDT, and an crucial element to make fundraising for the ecosystem via Polimec directly accessible and fair for all

As this proposal increases the usage of Polkadot native stable coins on Polkadot we see this proposal as non controversial, but please let us know any feedback

Problem Statement:
- The problem is the lack of an open channel between AssetHub and Polimec, which hinders fundraising for projects on Polimec.

Significance:
- Opening the channel will allow projects to fundraise in stable coins or other tokens, increasing usage of Polkadot native stable coins and making fundraising accessible and fair for all.

Proposed Solution:
- Open a channel between AssetHub and Polimec.

Expected Outcomes:
- Increased usage of Polkadot native stable coins on Polkadot.

#340 Open HRMP channels between AssetHub and Polimec

No Active Proposals