Nodle Proposal to Open Channel & Register NODL
Nodle Network Disclosure XCM Disclosure : Nodle
TL:DR
This batched proposal is to Accept/Open an HRMP channel with Nodle Network and Register Asset xcNODL. We would like to hear your feedback
Summary
We propose to open a bi-directional channel between Moonbeam and Nodle. Initially, the main use case will be to transfer NODL between the two chains, but it can be further expanded to other use cases, for example transfer of USDC, DOT and ETH. Nodle is already in discussion with StellaSwap and seeks to enable wNODL on ETH through Moonbeam bridges.
The proposal includes the NODL asset registration as xcNODL, with the following details:
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Multilocation: ‘{ “parents”: 1, “interior”: { “X2”: [{ “Parachain”: 2026 }, {“PalletInstance”: “2”}]}}’
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Decimals: 11
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Name: Nodle
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Symbol: NODL
xcNODL will have the following asset ID and XC-20 address:
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Asset ID: 309163521958167876851250718453738106865
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XC-20 address: 0xffffffffe896ba7cb118b9fa571c6dc0a99deff1
On-Chain Proposal Reference
On-Chain Proposal #[30] with the associated hash: 0x4d121b8b0fba896a8a1e33533124c280e6b86801ff733d04fc2d9c7ab081aa1d