Abstract
Now that AH-Polkadot is a reserve of DOT from Moonbeam, this means you can send/receive DOT and xcDOT from AH-Polkadot and Moonbeam (without having to go through the Polkadot Relay chain).
Nevertheless, it would be best to have liquidity in Moonbeam&rsquo;s Sovereign Account in AH-Polkadot to &ldquo;pay up&rdquo; the xcDOT withdrawals.
This proposal moves 15% of the DOT existing in Moonbeams&rsquo;s Sovereign account from Polkadot to AH-Polkadot.
Details
Reserve XCM transfers are similar to bank deposits and withdrawals. When you want to bring your DOT to Moonbeam, you can go to a Moonbeam bank in Polkadot and make the deposit there. Next, Moonbeam issues an xcDOT in Moonbeam Country.
Now, Moonbeam has opened a new branch in AH-Polkadot Country that takes DOTs, but it needs liquidity to pay customers who are withdrawing their xcDOT there.
The proposal is comprised of an XCM Message executed in Polkadot. When enacted, the XCM transfers 15% of the DOT (when this <a href="https://github.com/albertov19/PolkaTools/blob/main/calculateSovereignAccountFundTransfer.ts">code</a> was executed, it can be more or less when the proposal executes) to Moonbeam&rsquo;s Sovereign account in AH-Polkadot.
Another engineer tested the proposal and verified it with Chopsticks to ensure its correctness.
Forum post:&nbsp;
<a href="https://forum.moonbeam.network/t/proposal-77-move-15-of-moonbeams-sovereign-account-on-polkadot-to-ah-polkadot/1902/1">https://forum.moonbeam.network/t/proposal-77-move-15-of-moonbeams-sovereign-account-on-polkadot-to-ah-polkadot/1902/1</a>

Transact the call through the sovereign account in a destination chain,
'fee_payer' pays for the fee

SovereignAccountDispatcherOrigin callable only

- Problem Statement: Move 15% of DOT from Moonbeam's Sovereign account in Polkadot to AH-Polkadot for liquidity.
- Significance: Enhancing liquidity for xcDOT withdrawals in AH-Polkadot.
- Proposed Solution: Transfer 15% of DOT from Moonbeam's Sovereign account in Polkadot to AH-Polkadot.
- Expected Outcomes: Improved liquidity for xcDOT withdrawals in AH-Polkadot.

#77 Move 15% of Moonbeam's Sovereign Account on Polkadot to AH-Polkadot

No Active Proposals