**Before we launch the referendum for initiating the Omnipool with the predefined setup, we would like to gather feedback and/ or alternative suggestions from fellow Hydraheads. For this purpose, we have opened this discussion thread where you can share your thoughts on these important parameters which will be used for kickstarting the Omnipool.**

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<ins>Initial Liquidity - TVL & Spread of Assets</ins>

**Total TVL of $125,000**, consisting of:

- **50,000 DAI** (POL from LBP funds) **[40% of TVL]**;

- HDX from Treasury funds **[20% of TVL]**;

- DOT from Galactic Council funds **[40% of TVL]**;

*The exact amount of DOT and HDX will be determined by market price at the time of initialisation.*

<ins>TVL Cap & LRNA</ins>

The **TVL cap on launch will be $222,222** and the protocol will mint **5,650 LRNA** to pair with the $125,000 of liquidity.

*The TVL cap is initially very limited whilst we assess the performance of the Omnipool after launch, and collectively we will decide on how to further utilize our POL to expand Omnipool liquidity.*

<ins>Asset Pricing</ins>

The initial price of HDX used will be that implied from the LBP and subsequent tripling (**$0.0267**) - or the most recent market price, should an external price discovery take place before the launch of the Omnipool. LRNA price derived by this setup will be **$22.22**.

<ins>Trading Fees</ins>

We previously explained that trading fees in the Omnipool are formed of 2 parts; the Asset Fee (for LPers) and the Protocol Fee. Our proposal is to set these at **0.25% for the Asset Fee** and **0.05% for the Protocol Fee**.

**Edit: 6th Dec** - *Increase in starting TVL to $125,000. Increase in HDX weight to 20%. Decrease in DAI weight to 40%. Increase in Asset Fee to 0.25%. Increase in LRNA volume to 5,650 (to match new higher TVL)*


#4 Initial Omnipool Parameters