HydraDX has received 6,557,079 PINK after registering it as an asset in the asset registry. They will also receive more PINK from their vDOT position. The question now is what to do with this allocation of PINK. Some suggestions include pairing it with Treasury DOT and creating an Isolated Pool, distributing it to HDX stakers, distributing it as liquidity incentives as part of Polkadot Hydration, giving it all to Ben, or other ideas. This conversation will develop with the upcoming DED airdrop for the protocol staked DOT and VARCH for protocol staked DOT & LP'ed vDOT. They will either move to an open square poll or straight to a referendum for the action if it appears unanimous.

What to do with HydraDX PINK supply?

HydraDX is a DeFi protocol that brings liquidity to Polkadot through the Omnipool, an Automated Market Maker (AMM). A dashboard displaying all active pools would be valuable for users to monitor liquidity, trading volumes, and token pairs. Supporting additional pools encourages liquidity and token variety, bringing attention to Hydration, the rebranded name for HydraDX. The dashboard should display essential metrics, have real-time updates, and user-friendly interfaces. Community involvement and democratic decision-making are crucial, and security measures such as audits and bug bounties are necessary.

Rewards Dashboard for all pools

- CiaoAI is a company that provides Market Making Bots.
- Their MM bot can help increase trading volume and liquidity on exchanges.
- The bot is fully user configurable and comes with a dedicated server.
- CiaoAI has a professional team and reasonable prices.
- They support all exchanges, including CEX and DEX, and have listing cooperation with many exchanges such as MEXC, Lbank, and Bitmart.

Provide MM services to make it more alive

- A person will create and manage the HydraDX/Basilisk Chinese community on different platforms like Telegram, Discord, WeChat, and QQ.
- They will translate official announcements and publish them in the community. They will also answer questions from community members.
- The person will organize a team of community volunteers to complete translation tasks on time.
- They will work for 37 days, equivalent to 5.29 weeks, for 10 hours per week, for a total of 52.9 hours.
- The person will also create a Chinese version of the DCA introduction video with the help of a teacher from the Russian community.

[Tip Request] Chinese Community Manager – February+

- A person spent 7.5 hours working on translating and distributing 4 articles about HydraDX to the Slovak language for the CZ/SK Hydra community.
- The articles were shared on various social media platforms such as Facebook, Twitter, and Discord.
- The work included community engagement through chats and activity on social media platforms.
- The person requested a tip of 5723 HDX, which is equivalent to 20 USD based on the 7-day average exchange rate.
- The articles provided updates and milestones for HydraDX in January 2024, a review of the achievements in 2023, and information about the Hydration destination program.

[Tip request] Slovak translations for CZ/SK community

[Tip request] Immunefi commission on Github vulnerability

- A person will create and manage a Chinese community for HydraDX/Basilisk on various platforms.
- They will translate official announcements and answer community member questions.
- They will organize monthly/quarterly text AMA sessions and lead a team of volunteers for translation tasks.
- The person will write and publish one article on a media platform called Golden Finance.
- They will also participate in an AMA organized by Bifrost as a special guest.
- The person will work for 31 days, 10 hours per week, and receive a basic salary of 27516 HDX.

[Tip Request] Chinese Community Manager - January

Tip treasury - Jose Crypto- (November-January)

HydraDX is a digital currency project that has a community manager and content creator who helps people understand how to use it.
The manager creates videos and articles to explain how to use HydraDX.
They also help people who have questions or problems with HydraDX in chat and direct messages.
The manager translates important information and announcements into different languages for the community.
They encourage people to participate in HydraDX's decision-making process and deal with negative comments about HydraDX.
The manager works about 15 hours per week and is requesting 139,534 HDX for their work over the past two months.

[Tip request] JOHNM Community Manager + Content creation November-December

- Someone spent 4 hours translating newsletters into Slovak language for a community called CZ/SK Hydra.
- The newsletters were about updates from HydraDX in October and at the end of the year.
- They also spent 1 hour doing community work like chatting and being active on social media platforms.
- The translated newsletters were shared on different groups and channels on Facebook, Twitter, and Discord.
- They are requesting 4,860 HDX (which is worth about 20 USD) as a tip for their work.

- A person will create and manage a Chinese community for HydraDX/Basilisk on various platforms.
- They will translate official announcements and answer community member questions.
- They will organize monthly/quarterly text AMA and a team of volunteers for translation tasks.
- They will write and publish articles on China's self-media platforms.
- They will also initiate a referendum on the listing of HydraDX on MEXC and explain the reasons for the referendum failure to the community.

[Tip Request] Chinese Community Manager - December

- A team called Galactic Council received a report about a potential problem with Math.
- They found out that it was unlikely that the problem could be used by someone else.
- The team fixed the problem and will put it in the next upgrade.
- Even though the problem was not very serious, the team wants people to report any problems they find.
- The person who reported the problem might get a reward.

[Tip request] Responsible Disclosure of Vulnerability in Math

HydraDX is a platform that has a community manager who helps people understand and use it. 

The community manager does many things like making videos, answering questions, and translating important information. 

They also create educational content and promote it on social media. 

The community manager works for 15 hours a week and has worked for 2 months. 

They are requesting to be paid 320,000 HDX for their work.

[Tip request] JOHNM Community Manager + Content creation September-October

- A person will create and manage the HydraDX/Basilisk Chinese community on different platforms like Telegram, Discord, WeChat, and QQ.
- They will translate and produce videos related to HydraDX/Basilisk.
- They will write and publish articles about HydraDX/Basilisk on China's self-media platforms.
- They will answer questions from community members and organize monthly/quarterly text AMA.
- They will also conduct other temporary work like initiating community votes and discussions on the listing of HDX on CEX.

[Tip Request] Chinese Community Manager - November

SubSquare is a team of builders and participants who want to make it easy for people to build cross-chain workflows. They have created a nodal based canvas to weave together "Bagpipes", which are complex workflows of actions that can be used for personal use, shared with others, or turned into cross-chain DApps. They have integrated basic functionality so that you can send hydraDx to Polkadot and other parachains. Their next priority is swapping functionality. They want to seek treasury funding for enabling swaps using the HydraDx SDK, Omnipool, and spot price orders. The project is open source under the MIT license and you can access XCMSend by building it yourself, using the public instance, or using the public docker image.

[Feedback wanted] XCMSend

- A person wants to create and manage a Chinese community for HydraDX/Basilisk on various platforms like Telegram, Discord, WeChat, and QQ.
- They will translate official announcements and write articles about HydraDX/Basilisk for Chinese media platforms.
- They will also organize monthly/quarterly text AMA sessions and manage a team of volunteers for translation tasks.
- They will work for 10 hours per week for a total of 72.9 hours and will be paid a basic salary of 352174 HDX and 123671 HDX for translation and video production.
- They have already published articles and videos about HydraDX/Basilisk and are well-known in the Chinese community.

[Tip Request] Chinese Community Manager

Tip treasury - Jose Crypto- (June-November)

SubSquare is a platform for blockchain governance.
They want to get paid for maintaining the deployments for HydraDX.
They are asking for a tip of $6480 or 1,296,000 HDX.
This work will take 9 months.
Their work includes daily monitoring, bug fixes, and adding new features.
They also plan to improve the user interface and add new governance features.

[Tip Request]Subsquare maintenance request from 2023.04 to 2023.12

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

- A person spoke at a cryptocurrency event in Brazil about a blockchain network called Polkadot.
- They gave away 16 T-shirts with a different blockchain network called HydraDx on them.
- The event had about 50 people, and some of them joined the HydraDxBrasil Telegram group later.
- The person also talked about HydraDx Brasil and its developments during the event.
- They are requesting tips to cover the cost of the T-shirts, which is $131.60 USD or 29802.88 HDX.

tips for t-shirts - Event in Curitiba City

HydraDX is withdrawing assets and swapping them for new ones. They are launching a Stablepools feature and allocating 2-2.1M DAI as Omnipool liquidity. They want to reduce their "bridge risk" and provide a low-slippage decentralized stablecoins onboarding route. They propose diversifying 2M DAI allocated as Omnipool liquidity into a 4pool Stablepool and depositing the asset shares into the Omnipool. This will allow HydraDX to operate as an onboarding route for DAI/USDT/USDC liquidity from Ethereum to Polkadot native stablecoins, with minimal price impact. They will maintain stablecoin liquidity in the Omnipool and reduce reliance on bridged versions of stablecoins.

Diversification of MRL DAI

1. The writer proposes a new strategy for staking rewards on the HydraDX platform.
2. The new strategy involves several phases, including an initial period without subsidies, a gradual increase in rewards, a high-yield period, and a controlled tapering off.
3. The writer cites psychological studies in marketing to support the proposed strategy, emphasizing the importance of aligning user expectations with actual outcomes.
4. The proposed strategy aims to foster a more genuine and sustainable user base on the platform.
5. The writer invites feedback and engagement from the HydraDX community on the proposed strategy.

staking rewards

- A person helped create a community for HydraDX/Basilisk in China.
- They translated official announcements and answered community members' questions.
- They organized a monthly text AMA and a team of volunteers for translation/proofreading.
- They were paid a basic salary of 132042HDX for 44.3 hours of work and 8942HDX for translation and video production.
- They also published one article and it took 3 hours to translate.

- On August 8th, 2023, the author made two transactions using the Nova wallet.
- The second transaction involved using the cross-chain HydraDX-ASTR feature on the app.
- The first transaction was sent in error directly to the HydraDX parachain account.
- The author provides their ASTR and HydraDX addresses and a link to the transaction on Subscan.
- The author has provided screenshots of correspondence with members of Team HydraDX and Nova Wallet to confirm the authenticity of their claim and requests the return of their funds.

Send back the funds that were mistakenly sent to the parchain wallet to the stupid user who did it...

- Someone spent 6 hours translating newsletters about HydraDX for a community in Slovakia and the Czech Republic.
- They translated 3 newsletters and shared them on social media platforms like Facebook, Twitter, and Discord.
- They also spent time chatting with the community and being active on social media for 1.5 hours.
- They are requesting a tip of 18,598 HDX, which is worth about $20 USD.
- This contribution was made in June, July, and August of 2023.

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