Next steps for POL CFG & KILT

Listing SQD’s (formerly Subsquid) SQD Token in Hydration Omnipool

Proposal for Enforcing Timely Payouts in Line with Immunefi’s SLA

Proposal for listing TRAC Token in Hydration Omnipool

Delta Coins (EMBRE) Registration in Hydration

Making dogwifdots (WIFD) a sufficient asset on Hydration

- A user named zengsw borrowed 12,000 USDT on HydraDX but sent it to Binance on the wrong network.
- The funds are stuck because Binance doesn’t support the HydraDX network.
- Binance suggested using a community vote to return the funds using a special function.
- zengsw is asking the HydraDX community for help to fix the mistake.
- He regrets not testing with a small amount first.
- The funds are important to him, and he hopes the community can assist.

Request to retrieve 12,000 USDT mistakenly deposited into Binance

- Toni from LAOS Network wants to add their LAOS token to Hydration.
- LAOS connects Polkadot with Ethereum and other blockchains without bridges.
- LAOS token is used for governance, gas fees, and staking.
- It’s listed on exchanges like MEXC and Bit2Me with a price of $0.05–$0.07.
- LAOS wants to open a channel with Hydration and add their token to Hydration’s registry.
- They plan to start with a DOT/LAOS trading pair and later join the Omnipool.
- LAOS has been live on Polkadot since July 2024 and is fully decentralized.

LAOS Network on Hydration

- More funding is suggested for stable coin borrowing.
- The current funding period has been successful.
- 95% of supplied stable coins are being borrowed.
- Demand will rise with vDOT as collateral.
- Current borrow APY is 40%, which discourages participation.
- The USDC/T stable pool has over $3 million.
- Additional funds could be used to support borrowing.
- Discussion on this proposal is welcomed.

Adding more USDC and USDT to the Borrow Supply

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

- 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

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- 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

- Darwinia community wants to buy RING on a Polkadot native DEX
- HydraDX Omnipool is the first DEX to list RING in the Polkadot ecosystem
- Darwinia has been around since the early days of Polkadot and has built bridges to different chains
- RING is a native token on Darwinia Chain which is EVM compatible
- Proposal to open HRMP channels between HydraDX and Darwinia and deposit 25,000,000 RING in the Omnipool to improve liquidity for RING in the Polkadot ecosystem

Darwinia RING Omnipool Listing Proposal

Here is a summary of the SubSquare post about the inclusion of the PEN token to the Omnipool for a second-grade student:

- The PEN token is a type of money used on the Pendulum network.
- People can use PEN to pay for things on the Pendulum network, like transaction fees and governance.
- The PEN token is available on different exchanges, like MEXC and StellaSwap.
- The Pendulum network is governed by people who hold PEN tokens.
- Adding PEN to the Omnipool can help spread risk, provide more trade options, and increase liquidity.

Adding PEN to the Omnipool 

1. A team made a mistake and sent money to the wrong address.
2. They cannot access the money because it was sent to an address they don't control.
3. They have proof that they control the address on the relay-chain.
4. They proposed two solutions to fix the mistake: transfer the money to a HydraDX-controlled address or reverse the transaction.
5. They are asking for help from the HydraDX council to fix the mistake.

Amend "Polkadot-API Dev Team" Misdirected USDT Funds

1. The HydraDX community wants to list HDX on more centralized exchanges (CEXs).
2. Listing HDX on CEXs can increase market popularity, attract new users, and improve market recognition of the token.
3. The Chinese community proposes to list HDX on MEXC first due to its high trading volume, extensive cryptocurrency selection, zero trading fees, non-KYC policy, and competitive listing fees.
4. The Chinese community suggests that HDX should be listed on at least three second-tier CEXs before June next year.
5. MEXC offers two listing packages (kickstarter and launchpad) with different rewards and requirements, and the community is soliciting opinions on which package to choose and other suggestions for listing on CEXs.

Listing HDX on more CEXs.

Initial assets for Money Market

1. Hydration brand is launching a marketing program to achieve specific objectives.
2. The program includes a Twitter and Holder Expansion Plan, Trading Rewards, CEX Listing Plan, and Market Value Management Mechanism.
3. The Twitter and Holder Expansion Plan aims to increase Twitter followers, HDX's holder, and listed CEXs.
4. Trading Rewards include a video contest and Omnipool usage bonus program.
5. CEX Listing Plan aims to list HDX on four CEXs within six months after the brand's launch.

Marketing Program to accompany Hydration Brand Launch

- A person has an idea to make a type of coin called HDX deflationary.
- This means that if people don't pay fees with HDX, the coin will be burned (disappear).
- This would make people want to hold onto HDX even more.
- The person doesn't see any negative parts to this idea.
- They want to know if other people think it's a bad idea from a business point of view.

HDX Burn

SubSquare is thinking about increasing the amount of HDX liquidity. Here are some reasons why they might want to do this:
- To attract bigger investors
- To reduce how much the price goes up and down
- To get listed on more exchanges
- To make Omnipool look like it has a lot of liquidity
- To make the amount of trading volume bigger compared to the market cap

Here are some reasons why they might not want to do this:
- People might sell their HDX
- The price might not go up as much for each dollar invested
- The company might lose some HDX

SubSquare thinks that HDX should be worth more, but they need to be careful about how much HDX they take out of Omnipool. They want people to share their opinions in the comments.

It's time to increase protocol HDX liquidity

VETH in omnipool?

- Bifrost aims to incentivize vDOT liquidity on HydraDX and encourage vDOT holders to gain a more diverse trading experience.
- The proposal includes vDOT Liquidity Farming and an increase in vDOT liquidity cap to $4m on HydraDX.
- Benefits of accumulating vDOT liquidity on HydraDX include adding $3,000,000 liquidity to the HydraDX protocol, preparing ahead for vDOT liquidity in the HydraDX lending market, and continuous incentives for HydraDX Treasury through vDOT fees.
- The protocol imposes a staking APY*10% protocol fee on vDOT and has the capability to establish a vDOT Referral Program for the HydraDX Treasury.
- The incentives for vDOT farming are suggested to run at 16th Jan, 2024, and Bifrost and HydraDX will leverage XCM to implement the first remote LST minting and redemption client in the Polkadot ecosystem.

Incentivizing vDOT Liquidity Farming with BNC and HDX During The 2nd Batch of Crowdloan DOT Expired

HydraDX is preparing to bid on a second parachain slot on Polkadot.

They agreed to diversify up to 1M DAI into DOT in preparation for bidding on a second parachain slot.

Currently, slots are generally going for less than 70,000 DOT.

They plan to create a pure proxy on Polkadot and assign a 2/6 multisig of the HydraDX council members to bid on upcoming auctions.

The multisig would be able to bid on upcoming auctions from those DOT without having any capability to move the funds.

Parachain slot renewal

- Interlay wants to add their INTR token to the Omnipool.
- Interlay is known for their iBTC project in the Polkadot ecosystem.
- INTR is Interlay's native token.
- Interlay wants to deposit 12.5m INTR to improve liquidity.
- They are seeking positive feedback from the Hydra community for their proposal.

Discussions