A pro-cdh topology on formal schemes

Abstract: We introduce a pro-cdh topology on formal schemes and prove that the $\infty$-topos of pro-cdh sheaves of spaces has an optimal bound of homotopy dimension. This remedies a defect for a pro-cdh topology on schemes introduced in [KS23]. As an application, we give a topos-theoretic interpretation of Weibel's vanishing of negative K-theory and motivic cohomology of Elmanto and Morrow.