Following on from discussion [#223 to diversify WBTC/ iBTC holdings to alternative BTC products](https://hydration.subsquare.io/posts/223) and [#224 to open more Omnipool markets & diversify our BTC](https://hydration.subsquare.io/posts/224) - I am creating this proposal as a first step to those discussed actions.

This proposal, if approved, will place the following on-chain remark:

`Authorize the technical committee to whitelist a follow-up referendum which will: 1) Suspend trading & addition of liquidity for 2-Pool shares in the Omnipool 2) Withdraw POL BTC 2-Pool position #5690 from the Omnipool 3) Withdraw all POL BTC 2-Pool shares in amounts equal to the ratio of WBTC & iBTC in the stablepool at the time of execution 4) Launch WBTC & iBTC trading directly in Omnipool at the market price of each asset at the time of submission of the whitelisted proposal`

The following proposal must be whitelisted due to the time sensitivity of removing & adding liquidity to the Omnipool - if waiting for a full 3-7 days, prices and token quantities can change drastically.

It will:

1) Suspend trading & addition of liquidity for 2-Pool shares in the Omnipool - *existing LPs will still be able to withdraw their liquidity and exit farms*
2) Withdraw POL BTC 2-Pool position #5690 from the Omnipool - *removing protocol owned stablepool shares from the Omnipool into the Treasury*
3) Withdraw all POL BTC 2-Pool shares in amounts equal to the ratio of WBTC & iBTC in the stablepool at the time of execution - *this will withdraw all protocol owned WBTC & iBTC from the stablepool*
4) Launch WBTC & iBTC trading directly in Omnipool at the market price of each asset at the time of submission of the whitelisted proposal




#8 On-chain remark: BTC POL next steps