[P-K Bridge] AssetHubs - create wrapped/derivate representations for KSM/DOT

[bkontur]

We need to create ForeignAssets for wrappedKSM on AssetHubPolkadot and wrappedDOT on AssetHubKusama.

Options: (lets consider wrappedDOT on AssetHubKusama)

1. use pallet_assets::force_create on Kusama/AssethubKusama governance call

   force_create(
       MultiLocation(parents: 2, X1(GlobalConsensus(Polkadot))),
       SOVEREIGN_ACCOUNT,
       is_sufficient=false,
       min_balance=?
   )
   

• what SOVEREIGN_ACCOUNT -> SA_OF_ASSET_HUB_POLKADOT(MultiLocation(parents: 2, X2(GlobalConsensus(Polkadot), Parachain(1000))) or SA_OF_POLKADOT(MultiLocation(parents: 2, X1(GlobalConsensus(Polkadot))))
• what min_balance ?

2. use pallet_assets::create from Polkadot relaychain

   create(
       MultiLocation(parents: 2, X1(GlobalConsensus(Polkadot))),
       ADMIN_ACCOUNT,
       min_balance=?
   )
   

• what ADMIN_ACCOUNT: SA of Polkadot relay chain or SA of AssetHubPolkadot?
• what min_balance ?
• this means to extend/add XCM bridge routing to polkadot runtime

3. option: anything else because ForeignCreators wont work for MultiLocation::parent() and AssetHubPolkadot

---

TODOs

• resolve what option
• prepare governance calls and referenda/proposals - for ForeignAssets
• prepare governance calls and referenda/proposals - for HRMP and/or other stuff

[bkontur]

@joepetrowski Joe, could you please, help with this?

[joepetrowski]

Yeah, HRMP channels should all be set up now.

I think we'd go the force_create route and actually set is_sufficient = true, at least for DOT on Kusama and perhaps also for KSM on Polkadot. min_balance can be lower on Kusama, perhaps Polkadot's Asset Hub's ED on Kusama (0.1 DOT), but we should find a similar value of Polkadot's ED for KSM on AHP.

[bkontur]

if we go with isSufficient=true on both sides, then we dont need (for KSM<>DOT) any hacks and customization for pallet_xcm like we tried here paritytech/polkadot#7456

the only thing we need to fix is Trader and allow to pay fees from ForeignAssets instance, because now we allow only for TrustBased/Local instance:

type Trader = (
		UsingComponents<WeightToFee, KsmLocation, AccountId, Balances, ToStakingPot<Runtime>>,
		cumulus_primitives_utility::TakeFirstAssetTrader<
			AccountId,
			AssetFeeAsExistentialDepositMultiplierFeeCharger,
			TrustBackedAssetsConvertedConcreteId,
			Assets,
			cumulus_primitives_utility::XcmFeesTo32ByteAccount<
				FungiblesTransactor,
				AccountId,
				XcmAssetFeesReceiver,
			>,
		>,
	);

[joepetrowski]

Bonus then. We should use SwapFirstAssetTrader which solves this problem anyway paritytech/cumulus#2854

[joepetrowski]

what SOVEREIGN_ACCOUNT ->

• SA_OF_ASSET_HUB_POLKADOT(MultiLocation(parents: 2, X2(GlobalConsensus(Polkadot), Parachain(1000))) or
• SA_OF_POLKADOT(MultiLocation(parents: 2, X1(GlobalConsensus(Polkadot))))

This sounds more like a bridge implementation question. What would the bridge pass over as its origin? Since on Polkadot's local Asset Hub we call DOT { parents: 1, interior: Here }, IMO the second option is better.

Edit: Yes, let's go with the second option. As this is used for things like freeze, set_metadata, set_min_balance, etc., these calls should come from the governance location, not the reserve location, of the asset.

[acatangiu]

Governance proposals live:

• https://kusama.subsquare.io/referenda/258
• https://polkadot.subsquare.io/referenda/122