Hydration is a platform that wants to diversify its Protocol Owned Liquidity (POL) by investing in different assets. They want to invest $400K in SOL, $400K in AAVE, $200K in SUI, and $258K in HDX. They plan to use Moonbeam Routed Liquidity to onboard all assets. Adding these assets will increase market and POL diversity, bring in more users, TVL, and volume. The assets will also be available as collateral for the Money Market and for sUSDS & sUSDe Yield DCA feature.

Diversification of POL

Hydration DAO is staking 438,700 DOT for Polkadot governance. The lockup on these staked DOT is 28 days. It is important that as many DOT participate in these decisions as possible. Therefore, Hydration DAO is proposing to delegate their votes at 3X conviction to ChaosDAO. ChaosDAO is a community in the Polkadot ecosystem and is formed of enthusiasts and builders. They vote using a decentralized process within the ChaosDAO private discord server. ChaosDAO has supported all previous proposals from Hydration and has shown alignment with their needs. The proposal adds no additional time lock or opportunity costs versus their existing staking locks.

Delegate Hydration POL DOT to ChaosDAO at 3X conviction

- The Hydration app is getting a new design.
- They are working on improving the stats page.
- They want people to share their ideas for features they would like to see on the stats page.
- They want to make the data better and improve the page.
- People can share their ideas in a discussion.

Stats page overhaul

1. The person manages or creates a Chinese community for Hydration/Basilisk on different platforms like Discord, Telegram, WeChat, and QQ.
2. They translate official announcements and videos into Chinese and publish them in the community.
3. They organize a team of volunteers to complete translation tasks on time.
4. They gave a speech at an offline event called Polkadot Meetup Hangzhou and promoted Hydration by providing T-shirts as rewards.
5. They faced an unfortunate incident where the X account of the Hydration Chinese community was banned, and they requested the establishment of X accounts in various language communities.

[Tip Request] Chinese Community Manager – 202407/08

- Someone found a problem with a website called Hydration.
- They told the people who run the website about the problem in a good way.
- The people who run the website looked at the problem and decided it was not very bad.
- Even though the problem was not very bad, they still want to give the person who found it some money to say thank you.
- They also hope that this will encourage other people to help make the website better in the future.

[Tip Request] Web API Vulnerability

Tip treasury - Jose Crypto- (June- August)

1. There will be a new round of incentives for people who use Polkadot Hydration starting on 11.09.2024.
2. The incentives will come from the Growth portion of the HDX supply and the Polkadot Hydration: Liquidity Incentives.
3. The focus will be on using liquidity effectively for trading, with ASTR, PHA, GLMR, and DOT being prioritized.
4. They will also focus on the Money Market, which is a new feature that lets people borrow and lend money using DOT, BTC, and stablecoins.
5. The MYTH/DOT pool will also be considered for incentives because it is important and has multiple listings on different exchanges.

Planning the 2nd Batch of Polkadot Hydration Campaign Incentives

Here's a summary of the SubSquare post content:

- The author is a Hydration content creator and community manager for two Telegram chats related to Hydration and Basilisk in the Russian-speaking community.
- They have contributed to the community by translating articles, publishing memes, answering questions, solving UX issues, and promoting Hydration educational content.
- They are also responsible for announcing updates, dealing with false allegations, engaging with Twitter, and encouraging community participation in governance.
- The author has produced an introduction video for Hydration and is working on several other videos related to HDX token utility, DCA, liquidity mining, and buying HDX.
- They have worked an average of 10 hours per week for 16 weeks, and are requesting 617,403 HDX as payment.

[Tip request] JOHNM Community Manager + Content creation May-August

- A person will manage or create the HydraDX/Basilisk Chinese community on different platforms like Telegram, WeChat, Discord, and QQ.
- They will translate official announcements and publish them in the community. They will also answer questions from community members.
- The person will work for 45 days and 10 hours per week, which is a total of 64.3 hours.
- They will translate a speech video of Jakub Panik about the development of ICE, which took more than 5 hours to complete.
- There are currently 3 Hydration WeChat groups with a total of 400+ people, and the communication is mainly carried out in the WeChat group.

[Tip Request] Chinese Community Manager – 202406

Tip treasury - Vlady - (June - Aug) Community Manager

- A person is interested in a project called Hydration, which has a reward system for contributors.
- They tried to create content about Hydration, but did not receive a response after submitting it to the governance platform.
- The person has experience in promoting Web3 projects and wonders if Hydration has considered recruiting ambassadors from around the world to promote the project.
- They would like to apply to become Hydration's Chinese ambassador and promote the project in Chinese-speaking regions through social media and content creation.
- The person recommends that Hydration actively recruit ambassadors from around the world to help promote the project and establish a complete incentive system to attract more contributors.

Application and Suggestions for Hydration Project Ambassador

Can we please add AVAIL to the Omnipool?

SubSquare is a platform that has added new features to support HydraDX EVM. Here are the changes they made:

1. They learned how EVM works on HydraDX by studying its code.
2. They created instances for testing and parsing EVM related extrinsics.
3. They made changes to support both substrate and EVM addresses on a single network, which required a lot of code refactoring.
4. They allowed web2 users to bind an EVM address.
5. They converted EVM addresses to substrate addresses to show them on the user interface and submit extrinsics.
6. They updated referendum status in time when related calls were detected.

These features cost 2 full-time employees 10 days of work, which is roughly 160 hours. They requested 500k HDX as payment for their work.

[Tip Request] Hydradx EVM support on subsquare

- Dazhbog is a decentralized futures exchange.
- It allows users to trade perpetual futures contracts in a secure, transparent, and efficient manner.
- Dazhbog uses the Polkadot network for security, scalability, and interoperability.
- The project won first place in the DeFi category at the Polkadot Prodigy hackathon.
- The team is seeking feedback from the Hydra community to determine if the product should be developed on the chain.

Dazhbog: A Decentralized Perpetual Futures Exchange

1. In 2008, a person named Satoshi Nakamoto introduced a new digital currency called Bitcoin.
2. Cryptocurrencies like Bitcoin have solved many problems in traditional finance, such as trust issues and control issues.
3. Cross-chain technology allows different blockchain networks to communicate and transfer value.
4. HydraDX is a decentralized exchange that operates as a parachain on the Polkadot network, aiming to provide frictionless liquidity for all cryptocurrencies.
5. To gain more recognition and use for HydraDX's cryptocurrency HDX, strategies such as market education, partnerships, technical stability, community building, and introducing deflationary mechanisms can be implemented.

Some Thoughts on the HDX Project on Polkadot Chain 

- The person created content on a website called x.com and a platform called mirror.xyz.
- They spent a total of 11 hours creating this content in June and July of 2024.
- They are requesting a tip of 37,238 HDX, which is a type of currency.
- They are following the "Rewarding Contributions to Hydration" requirements.
- There is an image included in the post.

【Tip request】 Content creation for the Hydration Chinese community

Here is a summary of the SubSquare post about the Hydrated Treasury Report:

- The report talks about Hydration POL and makes some recommendations for next steps.
- They accumulated 22,473,287.33 DAI during the Hydration LBP in March 2021.
- They set aside 5,000,000 DAI for the development of Hydration for 2 years.
- They paid 495,000 DAI to a whitehat & immunefi for discovering a critical vulnerability in Omnipool.
- Hydration POL is currently valued at ~$24,540,000.
- They proposed actions like depositing all 17.47 WBTC into the Hydration Money Market, swapping 309.16 WETH for the Snowbridge equivalent, and withdrawing all POL DOT positions from Omnipool due to significant liquidity depth.
- The discussion will remain live for 1 week before feedback is collected and an updated proposal is submitted on-chain for approval by HDX holders.

Hydrated Treasury Report

Support from CEX, enabling withdrawals to the Hydration network.

test

Tip treasury - Jose Crypto- (April- June))

- A person spent 3.5 hours translating articles about HydraDX for the Slovakian community.
- They translated three articles and shared them on social media platforms like Facebook, Twitter, and Discord.
- The articles were about updates for February, March, April, and May of 2024.
- The person spent 2.5 hours translating the articles and 1 hour doing community work like chatting and being active on social media.
- They are requesting a tip of 4,827 HDX, which is equivalent to $20 USD.

[Tip request] Slovak translations for CZ/SK community

Bifrost is a liquid staking app-chain that provides cross-chain liquid staking services for various networks. It is one of the largest liquid staking protocols on Polkadot with a current total TVL of $100M. Bifrost is proposing to add Bifrost vGLMR and vASTR on Hydration to increase Omnipool TVL and trading volume of GLMR and ASTR on Omnipool, among other benefits. The proposal also includes a risk declaration for Bifrost LSTs. The token information for vGLMR and vASTR is provided, and the next step is to consider vMANTA in the next proposal. Links and references to Bifrost's website, documentation, Github page, and communities are also provided.

Register Bifrost Liquid Staking Tokens (LSTs) vGLMR, vASTR, on Hydration and add them to Omnipool

- Polimec is a Polkadot parachain that helps fund and support Web3 projects.
- They want to add PLMC to the Hydration Omnipool, which will allow broader access to PLMC and its functionalities on Polimec.
- Polimec has an existing HRMP channel with Hydration, which allows users to transfer assets to and from Polimec.
- PLMC has fulfilled the Omnipool listing guidelines, including being listed on MEXC and XT.COM, having decentralized governance enabled on-chain, and having over 40% of its tokens distributed and in circulation.
- Polimec has an app, knowledge hub, and website for users to access.

Add PLMC to Omnipool

will hdx get listed on tier 2 exchanges like gate,kuckoin?

Vlady is a member of the Hydration community who started the Russian-speaking group for HydraDX and Basilisk. He has been a council member and a regular admin. Vlady talks to the community, listens to their ideas, and sometimes does live streams in the channel. He uses his own Telegram and Twitter, as well as his team's channels. Vlady contributed to the community by creating content and engaging in Telegram chats related to HydraDX and Basilisk. He plans to work for 2 hours per day for 3 months, excluding 20 days of vacation, and will receive 245,963 HDX for his work.

Discussions