# Council Motion 86: Register AIR and AUSD in the Asset Registry **URL:** \ **Category:** Proposals\ **Tags:** council-motion, 2023, apr\ **Created:** [April 12, 2023, 5:58pm UTC](https://gov.centrifuge.io/t/council-motion-86-register-air-and-ausd-in-the-asset-registry/5336 "2023-04-12T17:58:24Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)\ **Post date:** [April 12, 2023, 5:58pm UTC](https://gov.centrifuge.io/t/council-motion-86-register-air-and-ausd-in-the-asset-registry/5336/1 "2023-04-12T17:58:24Z")
This proposal will add AIR and AUSD to the Asset Registry. Proposal hash: `0x7df8ae3e0b2f3b8d3053a3cb617c1f6b6e7db01eea7a672ae737619662f2714a` When we first added XCM to our runtimes (first Altair and later Centrifuge), the first token we supported was Acala’s AUSD and for that we just added `AUSD` as a hardcoded variant of our `CurrencyId` enum type; That type enumerates all the currency ids that the Centrifuge chain knows about or is able to handle. Later, improving our XCM setup, we introduced the ORML asset registry for two purposes: 1. so that we could support new tokens through XCM by simply registering them in the asset registry instead of hardcoding them in the `CurrencyId` type and thus not require runtime upgrades to support new tokens; 2. so that we had a standardised way of querying metadata for **all** tokens that Centrifuge handles, i.e, both native tokens like CFG and Tranche tokens, as well as “foreign” tokens like AUSD, USDC, etc. This motion is now a step into cleaning up that first legacy, “hardcoding”-based approach; we do that by dropping those hardcoded currency variants (`AUSD` and `KSM` (the latter only applicable on Altair)) and have them registered as `Currency::ForeignAsset()` in the asset registry instead; The next step will be to migrate all balances that are now under `CurrencyId::AUSD` and `CurrencyId::KSM` to `CurrencyId::ForeignAsset()` and `CurrencyId::ForeignAsset()` , respectively. See Council Motion 62 on SubSquare [here](https://altair.subsquare.io/council/motion/86). See more details about this change on GitHub [here](https://github.com/centrifuge/centrifuge-chain/issues/826). Please vote on the motion at your earliest convenience, councillors. Thanks. ---
**Author:** ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)\ **Post date:** [May 9, 2023, 4:43pm UTC](https://gov.centrifuge.io/t/council-motion-86-register-air-and-ausd-in-the-asset-registry/5336/2 "2023-05-09T16:43:41Z")
Council Motion 86 passed in the council but was [overwritten](https://altair.subsquare.io/democracy/external/2895561_0x7df8ae3e0b2f3b8d3053a3cb617c1f6b6e7db01eea7a672ae737619662f2714a) by Council Motion 87 (Runtime Upgrade 1026) so it never made it to a referendum. This proposal has now been re-submitted as [Council Motion 99](https://altair.subsquare.io/council/motion/99) and if passed in the council, it will be fast-tracked and the voting time for the referendum will be **900 blocks** (~3 hours). ---
**Author:** ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)\ **Post date:** [May 9, 2023, 5:16pm UTC](https://gov.centrifuge.io/t/council-motion-86-register-air-and-ausd-in-the-asset-registry/5336/3 "2023-05-09T17:16:37Z")
Referendum 22 is now open for all AIR token holders to vote on the next 900 blocks (~3 hours). Vote on SubSquare: [SubSquare | Altair governance platform](https://altair.subsquare.io/democracy/referendum/22) Vote in the portal: [Polkadot/Substrate Portal](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Faltair.api.onfinality.io%2Fpublic-ws#/democracy) Please cast your vote. ---
**Author:** ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)\ **Post date:** [May 9, 2023, 8:46pm UTC](https://gov.centrifuge.io/t/council-motion-86-register-air-and-ausd-in-the-asset-registry/5336/4 "2023-05-09T20:46:30Z")
Referendum 22 passed with SimpleMajority at block [#3061658](https://altair.subscan.io/block/3061658). ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/4/481d950a0e1c0891857addb5a8ec8fdcbdc124c7.png) Thank you for voting! ---
**Author:** ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)\ **Post date:** [May 10, 2023, 9:14am UTC](https://gov.centrifuge.io/t/council-motion-86-register-air-and-ausd-in-the-asset-registry/5336/5 "2023-05-10T09:14:00Z")
There was in issue with the pre-image used to create Council Motion 99 (Referendum 22). Status: - Register CurrencyId::Native (AIR) ✅ - Blank CurrencyId::AUSD (deprecated) ✅ 🔴 - Register CurrencyId::ForeignAsset(2) (new AUSD id) 🔴 - Register ForeignAsset(3) (KSM) 🔴 Therefore, a new Motion has been submitted ([Council Motion 100](https://altair.subsquare.io/council/motion/100)) with pre-image `0x618aabc5d8e98df5951701288881ef87544cd8821266aa2a9066c4f3455520c7` - Batch (`0x618aabc5d8e98df5951701288881ef87544cd8821266aa2a9066c4f3455520c7`) ---
**Author:** ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)\ **Post date:** [May 11, 2023, 8:09am UTC](https://gov.centrifuge.io/t/council-motion-86-register-air-and-ausd-in-the-asset-registry/5336/6 "2023-05-11T08:09:03Z")
Council Motion 100 passed in the council. Referendum 23 is now open for 900 blocks (~3 hours) for all AIR token holders to vote on. Vote on SubSquare: [SubSquare | Altair governance platform](https://altair.subsquare.io/democracy/referendum/23) Vote in the portal: [Polkadot/Substrate Portal](https://polkadot.js.org/apps/?rpc=wss%3A%2F%2Faltair.api.onfinality.io%2Fpublic-ws#/democracy) Please cast your vote. ---
**Author:** ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)\ **Post date:** [May 11, 2023, 11:38am UTC](https://gov.centrifuge.io/t/council-motion-86-register-air-and-ausd-in-the-asset-registry/5336/7 "2023-05-11T11:38:48Z")
[Referendum 23](https://altair.subsquare.io/democracy/referendum/23) passed with SimpleMajority at block [#3071689](https://altair.subscan.io/block/3071689?tab=event&event=3071689-0). ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/d/d970dcd7d5f2527eecae6a91bde7c07975796040.png) Thank you for voting.