- HydraDX needs money to pay for services that help it run smoothly.
- The services provided by Subscan include collecting and storing data, maintaining network performance, and providing technical support.
- Subscan charges based on the amount of data used, and HydraDX has used 167.68 GB of data.
- HydraDX needs $2,516.85 USD to pay for these services, which will be converted to HDX based on the exchange rate.
- Paying for these services will help HydraDX continue to function well and grow.

proposalId

2024-Q2-HydraDX Network-Funding Proposal for Operation and Maintenance Fee

- Dwellir helps people stay hydrated.
- They have a service that answers almost 27 million requests per day.
- They need money to cover their costs for three months.
- They are asking for $2,595.
- They calculated the price based on the last 30 days.

Dwellir - Public RPC Endpoint Service Q2 2024

proposal

Register HDX as a foreign asset on AssetHub

Force DefaultXcmVersion to 3

maybeXcmVersion

Force default XCM version to 3

Create BNC global farm

- Hydration runtime is getting an upgrade to version `v28.0.0`.
- This upgrade includes new features like omnipool liquidity limits and OTC offchain worker.
- The upgrade also includes updates to polkadot and RPC node display names.
- The code has been refactored to use genesis builder.
- Remote swap for zeitgeist has been added to the tests.

Authorize runtime release v28.0.0

Whitelist EVM Contract Deployer

Accept & send HRMP channel requests & register AJUN

- A proposal has been made to move some DOT coins from one place to another.
- The coins will be used for something called "staking".
- The proposal wants to use some of the coins to help with marketing.
- The proposal needs to be approved before anything can happen.
- The people who made the proposal want to use the coins to help a group called "Hydration".

Move DOT to staking pure proxy

Add RING to Omnipool

Vote NAY

- SubSquare is proposing to create Global and Yield Farms for certain assets.
- They plan to mint a total of `121,229,167` HDX tokens.
- The tokens will be used for the first and second bonds campaigns, as well as rewards for the Polkadot Hydration campaign.
- These tokens are from the Growth portion of HDX supply.
- The previous bonds events were taken directly from the Treasury balance to be replaced by the Growth pot at a later date.

Launch Polkadot Hydration campaign

HydraDX is getting an upgrade to version `v27.0.0`. This upgrade will include some new features and fixes, such as enabling bridged reserves from AssetHub, reworking locking in staking, and lowering the minimum total farm rewards for liquidity mining. It will also fix some issues like deprecation warnings and runtime build. The upgrade will make sure that all staked balances are locked, closing a loophole that some stakers have been using. The full release notes can be found on the HydraDX GitHub page.

Authorize runtime upgrade to v27.0.0

HydraDX has created guidelines for future Omnipool token listings. The guidelines require tokens to have gone through price discovery for at least eight months, be listed on a DEX with at least $100k liquidity and/or listed on a CEX with active market maker support maintaining a 2% depth of at least $2k, have active token holder governance, transparent market data available, at least 40% of the token supply must be distributed and in circulation, and have a market cap of at least $1M. Tokens with an FDV up to $50M require a minimum team/treasury deposit into the Omnipool of $300k worth of tokens, while tokens with an FDV above $50M require a minimum deposit of $500k worth of tokens. The proposed guidelines are not related to current Darwinia processes of listing and MYTH's sudo control has not been revoked, but will be up to community vote when the time comes.

Ratify Criteria for Listing a Token in the Omnipool

- The community discussed adding Darwinia RING to the Omnipool and there was no opposition.
- The proposal will register RING in the Hydra asset registry with specific attributes.
- A system remark will be added to fast-track the respective addToken referenda.
- After approval, Darwinia governance can transfer RING to the Hydration chain for initial deposit and listing.
- The Omnipool is becoming more diversified, and for the Darwinia RING token, it is proposed to be listed with a smaller 2% cap.

Register Darwinia RING. System remark to "Add RING to Omnipool"

Accept HRMP Channel open request from Composable

Error vote NAY

Ratify the rebrand from HydraDX to Hydration with the proposed graphics and brand identity

Accept & send HRMP requests - Mythical & register MYTH

Accept HRMP channel open request - Polimec & register PLMC

Here are 5 important things about the new release `v26.0.0` of HydraDX-node:

- It is an upgrade that needs to be approved.
- It has some new features like `evm permit`, `spot price provider`, and `state trie migration`.
- It also has some fixes for issues like `route balance check` and `evm permit nonce update`.
- The new release is available on GitHub.
- The changes were made by different people who are part of the HydraDX community.

Authorize upgrade to release v26.0.0

- Bifrost community deposited a lot of money into the Omnipool.
- They were happy with how it performed and decided to deposit even more money.
- The money was transferred to a different account on a different chain.
- This will increase the total amount of money in the Omnipool.
- People can now trade more money with less slippage.

Deposit additional 1.25M BNC into Omnipool from Bifrost Treasury

- Astar community deposited more ASTR into the Omnipool after being impressed by its performance.
- The Astar team transferred 5.54M ASTR into the Astar sibling account on the HydraDX chain.
- The proposal will deposit the ASTR into the Omnipool, increasing the total deposit to 7.76M ASTR ($726,600).
- The total ASTR Omnipool liquidity will increase to $735,967.
- This deposit will triple trade sizes, allowing trades of 120k ASTR ($11.2k) before 2% slippage.

Council Motions