Further to [discussion #223](https://hydration.subsquare.io/posts/223) - I will shortly make a series of proposals to shuffle our BTC liquidity, we currently have (all values are approximate):

- `17` WBTC in Supply & Borrow
- `15.1` iBTC in BTC 2-pool
- `18.35` WBTC in BTC 2-pool
- `0.47` WBTC in Treasury

**Therefore the protocol holds approximately `51` BTC across the 2 products worth ~ `$5,000,000`.**

After discussion through #223 and other community channels, I would propose that we diversify into the following splits:

- **`$1,000,000` tBTC (snowbridge) in Omnipool**
- `$1,000,000` WBTC in Omnipool
- `$1,000,000` iBTC in Omnipool
- `$500,000` WBTC in Supply & Borrow
- `$500,000` tBTC in Supply & Borrow

This would leave ~ `$1,000,000` of BTC left to be diversified into other assets.

[Jakub Gregus recently highlighted](https://t.me/hydration_net/208617) the importance of Hydration expanding into more markets for highly liquid assets, specifically BNB, LDO, LINK and SKY (formerly MKR) - with this left over BTC we could accumulate ~ `$250,000` worth of each of the above and launch them all for trading in the Omnipool.

![image.png](https://subsquare.infura-ipfs.io/ipfs/QmYi8GutAo9vaGU9nZBoJWoPwJCDWbVcZmCjrXftt5Qdz1)

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I will begin making the proposals to withdraw BTC liquidity & diversify it once the next runtime release makes some useful improvements to OpenGov, allowing us to run more proposals related to liquidity and Borrow in parallel.

In the mean-time I'd be interested to hear more comments on this strategy.

Stay Hydrated.

#224 Opening more Omnipool markets & diversifying BTC