Dear Proposer,

Thank you for your proposal. Our first vote on this proposal is **AYE**.

The **Whitelisted Caller** track requires **60% quorum** according to our voting policy. This proposal has received **nine aye and zero nay** votes from **ten members**. Below is a summary of our members' comments:

> A majority of voters expressed support for lowering bridging fees and adding native ETH to the Polkadot ecosystem. They considered these changes reasonable and beneficial, highlighting the expected launch of Plaza and the importance of efficiency in attracting users. Many voters agreed that reducing costs and enhancing features would positively impact engagement and accessibility within the platform. Overall, the comments reflected a consensus that these measures would strengthen the ecosystem and facilitate a more trust-less environment.

The full discussion can be found in our [internal voting](https://voting.opensquare.io/space/permanence/proposal/QmPXtBsWBjpmrEmQVeeCpLoLoHsUQ6jnGVi2NAqKvSrukk).

Kind regards,<br>Permanence DAO

Helixstreet is delighted to offer its full support, including delegated votes, to this proposal with an emphatic "Aye!

1. Lowers the cost of bridge transfers from Polkadot to Ethereum from `~6.12 DOT` to `~1.49 DOT`.
2. Register the Ether asset on Asset Hub in preparation for the [Support Native Ether](https://github.com/polkadot-fellows/runtimes/pull/548) feature ahead of fellowship runtime release [v1.4.0](https://github.com/polkadot-fellows/runtimes/issues/527).
3. Ether is made sufficient and the minimum balance is `15000 Gwei`.
4. Ether metadata: Name = `Ether`, Symbol = `ETH`, Decimals = `18`.

For detail into what the proposal does, how it was created and tested, please read: https://github.com/polkadot-fellows/runtimes/issues/560

- Reduces the cost of moving assets from Polkadot to Ethereum.
- Prepares for a new feature to support native Ether on Polkadot.
- Sets the minimum balance for Ether to 15000 Gwei.
- Defines Ether's details: Name = Ether, Symbol = ETH, Decimals = 18.

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whitelisted_caller

Snowbridge: Register Ether Asset and Lower Bridge Fees

root

wish_for_change

staking_admin

treasurer

lease_admin

fellowship_admin

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Origin able to dispatch a whitelisted call.

Origin for signaling that the network wishes for some change

Origin able to cancel slashes and manage minimum commission.

Origin for spending up to 10,000,000 DOT from the treasury as well as generally administering it.

Origin for managing the composition of the fellowship.

Origin able to spend around 250 DOT from the treasury at once.

Origin able to spend around 1,000 DOT from the treasury at once.

Origin able to spend around 10,000 DOT from the treasury at once.

Origin able to spend around 100,000 DOT from the treasury at once.

Origin able to spend up to 1,000,000 DOT from the treasury at once.