<h3 dir="auto" style="box-sizing: border-box; margin-top: 24px; margin-bottom: 16px; font-size: 1.25em; font-weight: var(--base-text-weight-semibold, 600); line-height: 1.25; font-family: -apple-system, 'system-ui', 'Segoe UI', 'Noto Sans', Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background- text-decoration-thickness: initial; text-decoration-style: initial;">TL;DR</h3>
<p dir="auto" style="box-sizing: border-box; margin-top: 0px; margin-bottom: 16px; font-family: -apple-system, 'system-ui', 'Segoe UI', 'Noto Sans', Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji'; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background- text-decoration-thickness: initial; text-decoration-style: initial;">This proposal is to open an HRMP channel with HydraDX</p>
<h3 dir="auto" style="box-sizing: border-box; margin-top: 24px; margin-bottom: 16px; font-size: 1.25em; font-weight: var(--base-text-weight-semibold, 600); line-height: 1.25; font-family: -apple-system, 'system-ui', 'Segoe UI', 'Noto Sans', Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji'; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background- text-decoration-thickness: initial; text-decoration-style: initial;">Description</h3>
<p dir="auto" style="box-sizing: border-box; margin-top: 0px; margin-bottom: 0px !important; font-family: -apple-system, 'system-ui', 'Segoe UI', 'Noto Sans', Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji'; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background- text-decoration-thickness: initial; text-decoration-style: initial;">This proposal aims to complete the first of many steps required to open a bi-directional HRMP channel between Pendulum and HydraDX.<br style="box-sizing: border-box;" />Initially, its primary function will be to facilitate the movement of PEN tokens across both networks. However, the scope could broaden to include additional applications such as incorporating PEN into HydraDX's liquidity pools.</p>

### TL;DR

This proposal is to open an HRMP channel with HydraDX

### Description

This proposal aims to complete the first of many steps required to open a bi-directional HRMP channel between Pendulum and HydraDX.  
Initially, its primary function will be to facilitate the movement of PEN tokens across both networks. However, the scope could broaden to include additional applications such as incorporating PEN into HydraDX's liquidity pools.

- **Problem Statement:** Establishing an HRMP channel between Pendulum and HydraDX.
- **Significance:** Facilitating the transfer of PEN tokens between networks and potentially expanding to include PEN in HydraDX's liquidity pools.
- **Proposed Solution:** Opening a bi-directional HRMP channel between Pendulum and HydraDX.
- **Expected Outcomes:** Enhanced token movement between networks and potential integration into HydraDX's liquidity pools.

#18 Open HRMP channel request with HydraDX

No Active Proposals