The first tranche of HDX buybacks with Treasury H2O is set to complete in the coming days - so this proposal, if passed, would initiate tranche 2 after a few day's break.

Feedback on the initial proposal (https://hydration.subsquare.io/referenda/15) indicated that HDX holders would prefer a slower schedule for the buybacks, so in this tranche I have doubled the number of periods between execution from `22` to `44`.

I will continue to propose these buybacks in small 10K tranches in order to allow for the strategy to shift over time - including whether a portion of these H2O should actually be reserved for a type of "HOLLAR defence fund" 👀

The specifics of the schedule are:

- Swap `10,000` H2O for HDX
    - `2.222` H2O per trade
    - every `44` blocks
- `1.5%` slippage limit
- `9` max retries
- estimated to last for `~22` days (there is currently some noticeable drift on Hydration block times, in reality this will likely extend by a few more days)

#32 HDX buyback with Treasury H2O - Tranche 2