<p dir="auto" style="box-sizing: border-box; margin-top: 0px; margin-bottom: 16px; font-family: -apple-system, 'system-ui', 'Segoe UI', 'Noto Sans', Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji'; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background- text-decoration-thickness: initial; text-decoration-style: initial;">Purpose of the referendum is to authorise the implementation of an Pendulum-own pallet that extends our current treasury pallet with a <code class="notranslate" style="box-sizing: border-box; font-family: ui-monospace, SFMono-Regular, 'SF Mono', Menlo, Consolas, 'Liberation Mono', monospace; font-size: 11.9px; padding: 0.2em 0.4em; margin: 0px; white-space: break-spaces; background- border-radius: 6px;">buyout()</code> feature similar to the eq-treasury. We propose the creation of this new pallet within Amplitude. It will allow KSM holders to seamlessly swap a specified amount of KSM tokens for&nbsp;AMPE&nbsp;tokens&nbsp;directly&nbsp;from our treasury, thereby obtaining a token for gas fees.
<p dir="auto" style="box-sizing: border-box; margin-top: 0px; margin-bottom: 16px; font-family: -apple-system, 'system-ui', 'Segoe UI', 'Noto Sans', Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji'; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background- text-decoration-thickness: initial; text-decoration-style: initial;">For all details and new features related to this release, see the <a href="https://github.com/pendulum-chain/pendulum/releases/tag/amplitude-release-14">GitHub release page</a>.
<p dir="auto" style="box-sizing: border-box; margin-top: 0px; margin-bottom: 16px; font-family: -apple-system, 'system-ui', 'Segoe UI', 'Noto Sans', Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji'; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-indent: 0px; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background- text-decoration-thickness: initial; text-decoration-style: initial;">This referendum is a significant step forward in the development and growth of the network.

- **Problem Statement:** Implementing a new pallet in Amplitude to enable KSM holders to swap KSM tokens for AMPE tokens directly from the treasury.
- **Significance:** Enhancing the network's functionality and growth.
- **Proposed Solution:** Creation of a new pallet within Amplitude for seamless token swaps.
- **Expected Outcomes:** Improved network capabilities and expansion opportunities.

#13 Authorize runtime upgrade to Amplitude release 14

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