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Open an XCM Channel with Moonbeam
1mo ago
12 Comments

Summary

Now that staking and governance are live on Interlay, we would like to open an XCM channel with Moonbeam in order to facilitate transfers and further cross-chain developments and defi initiatives in between the 2 parachains.

Discussion Point

Any arguments against opening this XCM channel?

We want to quickly open an XCM channel with Moonbeam as this will open many potential applications and use cases, such as liquidity pools, tokens to be considered as collateral or the option for users to transfer their iBTC to Moonbeam to be used there.

We want to understand if the community has any strong argument against this action. If we don't see any strong opposition, we will proceed to open the channel and fast track any needed proposal towards opening this XCM channel.

Author: Alex @Interlay

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3mos ago

good idea, can't wait for it

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3mos ago

good idea, go baby :)

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3mos ago

nice! lets do it!

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3mos ago

Obviously, this is to be done

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3mos ago

very good! go go go!

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3mos ago

Yep! It feels good for me.
IMHO Moonbean is trying to grow well.

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3mos ago

Yep do it!

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3mos ago

Perfect for me, ok.

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3mos ago

yes.. ofcourse we need to open some channel for many parachains, moonbeam is a must

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3mos ago

good!

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3mos ago

It is needed, no arguments against this proposal. Nice.

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It's necessary to get to the new world!

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