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Please vote NAY on this proposal - wrongly used old governance process

Making dogwifdots (WIFD) a sufficient asset on Hydration

1. HydraDX is proposing to integrate DIA oracles into their on-chain money market.
2. DIA is a cross-chain oracle provider that sources data directly from exchanges, providing transparency and customization.
3. DIA's oracles can support over 2,500 cryptocurrencies and can create tailor-made data feeds.
4. The integration will expand the range of supported assets on the HydraDX network, especially for Polkadot-native assets.
5. The integration entails a one-time integration fee of $19,887.50 in HDX and a monthly cost of $3,762.50 in HDX for 24 months.

Integration of DIA Oracles for the HydraDX Money Market

- A proposal to make WIFD (dog wif dots) a sufficient asset on Hydration  
- WIFD is a community-driven meme coin  
- Helps with growth, like getting listed on CoinGecko  
- Plans include a game and a lottery for HDX stakers  
- Admin rights and LP tokens were burned for transparency  
- WIFD has been around for almost a year  
- Links to more info: website, X (Twitter), Telegram  
- Hydration is seen as WIFD's homebase

Deciding

- This proposal will send 2,222,222 HDX to a special account.  
- The HDX is for future rewards in the GIGADOT program.  
- Later, GIGADOT rewards will start, and the cap will increase to 8,888,888.  
- GIGADOT will also get better borrowing rules for DOT.  
- The HDX will be given out over 90 days.  
- This proposal does not change the GIGADOT cap yet.  
- It only prepares the HDX for future use.

Transfer 2,222,222 HDX for GIGADOT incentives

Executed

Upgrade runtime to v37.0.2

Update GIGADOT pool Amplification

- Two new tokens (LINK & SKY) are now ready for trading.  
- This plan will buy LINK and SKY using USDT over 3 weeks.  
- For LINK: $100,000 USDT will be spent, buying a little every 5 minutes.  
- For SKY: $100,000 USDT will be spent, buying a little every 5 minutes.  
- After buying, the tokens will be added to the Omnipool for trading.  
- This helps make Hydration’s markets bigger and better.

Initiate DCAs for LINK & SKY

Cancels ref #68 due to wrong track

Cancelled

Wrong track, vote NAY

1 month top-up for Polkadot Hydration farms

- LINK will start trading in the Omnipool at $13.32.  
- The starting price is 0.6498 H2O (H2O is $20.50).  
- LINK can only make up 3% of the pool.  
- The Hydration Treasury will control the LINK in the pool.  
- 8,132 LINK (~$110,716) is already ready for trading.  
- More LINK (worth $100,000) will be bought later.  
- This plan was approved in referendum #42.

Add LINK to Omnipool

- SKY will start trading in the Omnipool at a price of 0.002818 H2O.  
- If H2O is $20.50, SKY will be $0.058.  
- SKY will have a 3% weight cap in the pool.  
- The Hydration Treasury will own the position.  
- Initial liquidity is 1,813,843 SKY (~$105,203).  
- More liquidity (100,000 USDT) will be added later.  
- This follows referendum #42.

Add SKY to Omnipool

- Bifrost sends vDOT/DOT prices using XCM.  
- It costs about 2200 HDX in fees.  
- This proposal pays for 222 days of fees.  
- After 222 days, we'll find a better way to fund it.  
- The price helps keep GDOT balanced with DOT and vDOT.  
- It will also be used for vDOT borrowing soon.  
- All fees go back to the treasury.  
- Bifrost covers their own fees.

Hydration

referenda11

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