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Fund Frequency’s Polkadot Sovereign Account (Child Account)
- Used to pay for Relay Chain XCM fees (e.g., opening HRMP channels).
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Fund Frequency’s Asset Hub Sovereign Account (Sibling Account)
- Covers fees for referenda and XCM calls on Asset Hub.
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Open an HRMP Channel with Asset Hub (referendum on Frequency)
- Enables cross-chain communication. Uses the child account from Step 1.
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Register FRQCY on Asset Hub as a Foreign Asset (referendum on Frequency)
- Allows Asset Hub to recognize FRQCY. Uses the sibling account from Step 2.
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Register DOT as a Fee Currency on Frequency (referendum on Frequency)
- Lets users pay XCM fees with DOT when transferring FRQCY to other chains.
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Coordinate with Snowbridge to Onboard FRQCY
The Snowbridge team will:
- Submit a referendum on Bridge Hub to call ethereumSystem.registerToken(FRQCY)
- Register FRQCY’s origin using their [Control Tool (PR #1405)](Register Polkadot Native Assets in Control Tool Snowfork/snowbridge#1405)
- Deploy and map the ERC-20 representation of FRQCY on Ethereum
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