{"postId":"opengov:32","kind":"opengov","title":"HDX buyback with Treasury H2O - Tranche 2","body":"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.\n\nFeedback on the initial proposal ([Referendum #15](/referendum/opengov/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`.\n\nI 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\" 👀\n\nThe specifics of the schedule are:\n\n- Swap `10,000` H2O for HDX\n    - `2.222` H2O per trade\n    - every `44` blocks\n- `1.5%` slippage limit\n- `9` max retries\n- 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)","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":"2025-02-27T14:53:24.000Z","editedAt":null,"lastActivityAt":"2025-03-04T16:39:48.000Z","commentsCount":15,"updatesCount":0,"upvotes":2,"threadKey":"opengov:32","source":{"name":"subsquare","id":"67c07cabd3d02b83d321f47d","cid":null,"removed":false},"bannerCid":null,"banner":null,"poll":null,"locked":false,"media":{},"hidden":false,"generation":"6690c444c3e1fdf2"}