This is a democracy proposal to open a bi-directional HRMP channel between Statemint and [Composable](https://www.composable.finance/). Posted as a discussion [here](https://polkadot.subsquare.io/post/21). Composable's parachain ID is 2019 which is used in HRMP calls for channel opening.

This channel will be used to obtain native stablecoins in the Composable ecosystem.

The batch_all contains:

A force_transfer of 20 DOT from the Treasury to Statemint sovereign account.
A force_open_hrmp_channel from Composable to Statemint.
A force_open_hrmp_channel from Statemint to Composable.

amount

beneficiary

: This proposal outlines a plan to open a bi-directional HRMP channel between Statemint and Composable to enable the transfer of native stablecoins. The channel will be opened by a force transfer of 20 DOT from the Treasury to Statemint and two "force open hrmp channel" calls, one from Composable to Statemint and one from Statemint to Composable.

#126 HRMP Channel Opening: Composable <> Statemint

No Active Proposals