We have just announced suspended trading of CFG & KILT tokens with the following message:

----

**KILT & CFG swaps have been suspended on Hydration due to ongoing token migrations** ⚠️

Anyone providing liquidity of either token on Hydration is encouraged to withdraw their position and migrate their tokens at the earliest opportunity

Full details can be found on the respective blog posts below:

CFG migration details 👉 https://gov.centrifuge.io/t/centrifuge-token-migration-update/6860

KILT migration details 👉 https://medium.com/kilt-protocol/kilt-token-migration-guide-4ae8a5b686d6

----
In order to remove both assets from the Omnipool, we need all user positions to be removed from the previous farms & their underlying LPs removed. We have two options:

- do nothing, allow users to withdraw at their leisure at their own risk of the tokens becoming worthless if they miss the migration deadlines - *this will not impact any value in Omnipool, as we have already suspended trading and addition of liquidity*

- execute a batch transaction using `dispatchAs` each of the addresses in order to force withdraw them from the Omnipool, back to their individual accounts as the underlying tokens from the LPs - *this is what we previously used to remove tokens from Omnipool*

An important note for token holders is that the protocol currently owns ~$89K of CFG and ~$51K of KILT (at most recent prices on Hydration) **which it can only withdraw once all LPs have been removed from the Omnipool** - therefore, if we go with the first option (to do nothing) the protocol will be forfeiting that value of those tokens as they inevitably become worthless after the migration deadline.

If positions are removed from the Omnipool, then it would allow the protocol to withdraw these tokens and migrate them and/ or swap them for stable coins or another asset.

Interested to get the views of HDX holders.


#241 Removing CFG & KILT from Omnipool