{"postId":"opengov:23","kind":"opengov","title":"HDX buyback with Treasury H2O - Tranche 1.1 (the rebirthening)","body":"This proposal, if approved, will restart the DCA from H2O to HDX that was previously approved through referendum #15 ([Referendum #15](/referendum/opengov/15)) - which unfortunately failed after `9` retries due to the slippage limit of `1.5%` being exceeded by dynamic HDX fees.\n\nReferendum #22 ([Referendum #22](/referendum/opengov/22)), if approved, will increase the decay speed of dynamic fees by `10x` - meaning that by the time this proposal is enacted, the DCA schedule shouldn't suffer from the same fate.\n\nThe revised parameters of the DCA schedule are:\n\n- Swap `7,015` H2O for HDX (the remaining H2O from the referendum #15 budget)\n    - `2.222` H2O per trade\n    - every `22` blocks\n- `1.5%` slippage limit\n- `9` max retries\n- estimated to last for `~8` days","bodyFormat":"markdown","tldr":"","labels":[],"linked":[],"author":{"account":{"accountId":"0x8aee4e164d5d70ac67308f303c7e063e9156903e42c1087bbc530447487fa47f","address":"149AQApEw4Xe1DxWesqywiuGQHazbETMgWgT89WjEYFAc29y","emoji":"🍁","emojiName":"heimdall","emojiUrl":"https://cdn.discordapp.com/emojis/1005035405864869939.webp?size=32","tag":null,"identity":{"display":"lolmcshizz","verified":true,"email":"","web":"","twitter":"@lolmcshizz"},"profile":null},"legacyName":null},"authority":"subsquare","revision":0,"createdAt":"2025-02-13T11:48:36.000Z","editedAt":null,"lastActivityAt":"2025-03-01T07:38:13.043Z","commentsCount":6,"updatesCount":0,"upvotes":0,"threadKey":"opengov:23","source":{"name":"subsquare","id":"67addc48d3d02b83d3826675","cid":null,"removed":false},"bannerCid":null,"banner":null,"poll":null,"locked":false,"media":{},"hidden":false,"generation":"6690c444c3e1fdf2"}