This proposal is the Step #1 in Bifrost new Treasury proposal: KSM liquidity subsidy for KSM liquid staking token - vKSM , withdraw 626.1974 vKSM and 705.4221 KSM liquidity from MangataX DEX and withdraw 21,759.4 vKSM and 25,995.7572 KSM liquidity from Zenlink DEX.
Liquidity withdrawal steps:
Withdraw liquidity from Bifrost Foundation address (dmTEFZ77m7WtJmd7PY6pMh111uTtW9jpwfwasTGsWKUGp5M) on Mangata, againest to the past proposal detials: https://bifrost.subsquare.io/post/25
(Amount above might change during the proposal in voting, withdrawn received amount will be the actual amount)
Withdraw liquidity from Bifrost Treasury (eCSrvbA5gGNYdM3UjBNxcBNBqGxtz3SEEfydKragtL4pJ4F) on Bifrost-ZenlinkDexPallet, againest to the past proposal detials: https://bifrost.subsquare.io/post/5
Step 2: Redeem withdrawed Bifrost Treasury vKSM to KSM via the referendum.
Bifrost is proposing to withdraw liquidity from two different exchanges, MangataX and Zenlink. They want to withdraw a certain amount of vKSM and KSM liquidity from each exchange. After withdrawing, they will transfer the liquidity back to Bifrost Treasury. The next step is to redeem the withdrawn vKSM to KSM via the referendum.
Liquidity withdrawed from Zenlink:
https://bifrost-kusama.subscan.io/extrinsic/4505072-0
from Mangata:
https://mangatax.subscan.io/extrinsic/0xcfadccdce26973a35b1108830434dba192573e08eb91379b54c659f290a0e69c