This proposal, if approved, will return approximately 304 USD that are currently stuck on Pendulum's sibling account on Moonbeam. The assets are trapped due to XCM transfers failing because of the increased gas cost on Moonbeam introduced by runtime 3100.&nbsp;
This is similar to issues encountered <a href="https://forum.moonbeam.network/t/proposal-66-proposal-to-recover-locked-assets-back-to-hydration-users/1842">here, </a>however, this referendum will move the tokens to the originally intended destination account instead of back to the source chain.
&nbsp;

This proposal, if approved, will return approximately 304 USD that are currently stuck on Pendulum's sibling account on Moonbeam. The assets are trapped due to XCM transfers failing because of the increased gas cost on Moonbeam introduced by runtime 3100. 

This is similar to issues encountered [here,](https://forum.moonbeam.network/t/proposal-66-proposal-to-recover-locked-assets-back-to-hydration-users/1842) however, this referendum will move the tokens to the originally intended destination account instead of back to the source chain.

- **Problem Statement:** Funds amounting to approximately 304 USD are stuck on Pendulum's sibling account on Moonbeam due to XCM transfers failing because of increased gas costs.
- **Significance:** The proposal aims to resolve the issue of trapped assets and ensure they are moved to the correct destination account.
- **Proposed Solution:** Transfer the funds to the originally intended destination account instead of returning them to the source chain.
- **Expected Outcomes:** Recovery of the trapped funds and ensuring they reach their correct destination, avoiding further complications.

#52 Unlock tokens stuck on sibling account on Moonbeam

No Active Proposals