- 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

1. The person wrote an article in Portuguese about HydraDX's OmniPool, explaining its concepts.
2. They gave a presentation about cryptography to a group of users in Curitiba, Brazil, and shared some photos.
3. They conducted a live session for the Level Cripto YouTube channel, which is focused on blockchains in Brazil.
4. They contributed to HydraDX through other activities, such as Twitter threads and user support on Telegram.
5. Their actions aimed to expand the reach of HydraDX to users in different ecosystems, and the HydraDX Brazil community has been growing steadily.

Retrospective Tips Treasury

- Deeper Network is a cybersecurity network that offers VPN privacy protection, ad-blocking, and blockchain mining capability.
- Deeper Network has partnerships with companies like Polkadot, Best Buy, Amazon, and more.
- Deeper Network's utility coin, DPR, is built using substrate but has little exposure to the Polkadot ecosystem.
- A proposed partnership between Deeper Network and HydraDX would build a Polkadot bridge of Defi opportunities to Deeper Network and create additional liquidity and exposure to HydraDX with the Deeper Network blockchain mining community.
- If Deeper Network's DPR coin qualifies for the HDX's omni-pool, it will have access to low-cost swaps, cross-chain transfers, and other benefits. In exchange, Deeper Network will help develop the DPR bridge to HDX network and provide startup liquidity for the omni-pool.

Possible Proposal: Bridge Deeper Network (DPR) to HydraDX (HDX)

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.

[Tip request] Slovak translations for CZ/SK community

- Someone has been helping out with two Telegram chats related to HydraDX and Basilisk in the Russian-speaking community.
- They have also been creating content related to HydraDX and publishing it on Twitter and Telegram.
- They made seven video instructions to help others.
- They contributed for a month in 2023 and worked an average of 60 hours per week.
- They have an address: 7K1pDD8VFJafdzFySVEm26GRSNMfaUGknS18F2VEeP2HCXg9.

Tip treasury - Vlady - (December)

- 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

- Subscan is a tool for Polkadot network that helps people understand it better.
- It needs a lot of resources to keep running, like servers and people to maintain it.
- The people behind HydraDX want to use some of their money to help pay for Subscan to keep running.
- They want to pay for it from July to December 2023.
- The person who will get the money is 7M26s2Xr3vFeEXqoE3EWGLFoLZQd5u34ErqBX1BgqaZUrrBz.

Funding Proposal for HydraDX Network Operation and Maintenance Fee

- 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

Tip treasury - Vlady - (August-October)

- A person spent 43.25 hours working on translating and distributing newsletters and updating Hydra documents for the Slovak community.
- They translated 3 newsletters into Slovak and distributed them on various social media platforms.
- They also worked on community engagement through chats and social media activity.
- The majority of their time was spent updating and adding to the Hydra documents in Slovak.
- They are requesting a tip of 203,051 HDX (which is equivalent to $20 USD) for their work.

Tip treasury - Vlady - (November)

- 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

1. Cede Labs has created a tool called cede.store to help people bring in new money to a website called HydraDX.
2. Cede.store is like a special tool that helps people move their money from other websites (like Binance or Coinbase) to HydraDX.
3. This tool has a special feature called a widget that can be added to HydraDX in just 5 minutes.
4. Using cede.store can help people use HydraDX more easily and can help HydraDX get more money to use.
5. You can learn more about how to use cede.store on their website and see a demo of how it works on YouTube.

CEXs Liquidity Task Force with cede.store

- 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

- 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