### Background

https://forum.acala.network/t/proposal-to-register-lova-as-an-asset-on-acala-network/2638

### Proposal Content
registry LOVA by following params:
+ Asset Name: AIWeb3
+ Asset Symbol: LOVA
+ Asset Decimals: 12
+ ExistentialDeposit: 1
+ MultiLocation:
```
{
    parents: 1
    interior: {
        X3: [
            {
                Parachain: 1,000
            }
            {
                PalletInstance: 50
            }
            {
                GeneralIndex: 50,000,028
            }
        ]
    }
}
```

- A proposal suggests adding a new asset called LOVA to the Acala Network.
- The asset will have the symbol LOVA and 12 decimal places.
- The minimum amount needed to keep the asset active is 1.
- The asset's location is defined with specific details like Parachain, PalletInstance, and GeneralIndex.
- This helps the network recognize and manage the new asset.

location

#162·Proposal to register LOVA as an asset on Acala Network

Background

Proposal Content