Tip treasury - Jose Crypto- (February-April)

HydraDX is a project that has a community manager who helps people in two Telegram chats. 

The community manager's job is to answer questions, translate important information, encourage people to participate in governance, announce updates, and deal with false information. 

The community manager worked for 40 hours in one month and spent 1.5 hours translating an article. 

The community manager is requesting 201,114 HDX, which is a type of currency used in HydraDX. 

The community manager's work helps people stay informed about HydraDX and Basilisk and helps prevent false information from spreading.

[Tips Request] JOHNM Community Manager: March + translation

- HydraDX community approved funding for 2 years' development of HydraDX protocol
- Funding can be distributed in tranches of up to 6 months' runway (1.25M DAI) by the HydraDX Council
- Full 5M DAI resides in a Council-controlled Gnosis multisig on Ethereum
- Request for first tranche of funding of 1,250,000 DAI to be distributed to the Intergalactic Limited multisig
- Funding will be used for development and audits during the next 6 months.

Intergalactic Limited 6 months development funding - first tranche

- Someone is creating a community for HydraDX/Basilisk in China
- They will translate official announcements and answer questions from community members
- They will also organize a team of volunteers to help with translation and proofreading
- They will earn a salary for their work, which includes basic pay and pay for translation/proofreading and publishing articles
- They published 3 articles on Chinese media platforms and reposted them 3 times.

[Tips Request] Chinese Community Manager – Mar

- A person spent 14.3 hours translating articles from English to Chinese.
- The articles are about security updates and monthly updates for HydraDX.
- The person was paid 62173.91 HDX for their work.
- The payment was calculated based on the price of HDX on Kraken on April 3, 2023.
- The post ends with the message "Stay hydrated!"

[Tips Request] English to Chinese translation

Tip treasury - Vlady- (March)

[Tip request] Slovak translations for CZ/SK community

[Tips Request] Community Management (22/11/19 - 23/03/19)

1. The value of a currency called hydra has been decreasing because not many people are interested in buying it.
2. This is causing problems for the project and slowing down its growth.
3. The person who wrote the post thinks it would be a good idea to list hydra on a popular exchange to help increase its value and make it more popular.
4. Currently, hydra can only be bought on one exchange and some people don't like using that exchange.
5. The writer wants to start a vote to see if other people agree with listing hydra on a new exchange.

New listing on CEX

Here's a summary of the SubSquare post content:

- Tokenguard is focusing on providing on-chain user related data analytics tool and developing useful features for L1 blockchains and L2 protocols based on Substrate and EVM ecosystems.
- The main goal is to increase protocol revenues, grow user base and understand user flows to make better business decisions.
- Web3 creators still don’t have a tool delivering the most important data to them – user data insights. They can’t understand user acquisition/conversion paths and are losing money, because they can’t either measure and increase users' engagement or monitor the efficiency of marketing activities.
- Tokenguard proposes delivering data analytics tool for HydraDX community, which would consist of features like no-code and no-SQL dashboard with user data analytics insights, user groups analysis over time, user sources tracking, alerting & monitoring, etc.
- Tokenguard charges a one-time implementation fee, which covers all infrastructure costs, including indexing and storing data, updating indexer, dashboard development as well as custom metrics implementation for the community. After dashboard implementation process is finished, there are three different options to choose for DAO community: Public, Community, and Professional.

User-related data analytics tool proposal for HydraDX 📊📈

- Nodle is a company that wants to connect the physical world with the internet.
- They have a mobile app with around 30,000 daily active users.
- Nodle wants to work with HydraDX to create an XCM channel.
- They believe that systems like HydraDX will be important to bring more smartphones to Web3.
- Garrett Kinsman is one of the co-founders of Nodle and he wants to hear what people think about their vision.

Nodle on HydraDX

1. They are discussing whether to add more HDX liquidity to the Omnipool using protocol owned funds.
2. Adding more HDX liquidity may prevent the community from adding their own HDX LP.
3. Adding more HDX liquidity may increase the value of HDX compared to other assets, benefiting all HDX holders.
4. Adding more HDX liquidity may reduce the amount of LRNA sold back to the Omnipool, which has complicated implications.
5. Adding more HDX liquidity may reduce the price impact on HDX trades, making the Omnipool more attractive to traders.

Should we add POL HDX LP if it temporarily prevents community HDX LP?

HydraDX is a technology that has a community manager who helps answer questions and translate important information for the Russian-speaking community. 

The community manager's duties include answering questions, translating announcements, encouraging community participation, announcing updates, and dealing with false information. 

The community manager has translated three articles and spent 80 hours working over two months. 

They are requesting 257,739 HDX for their work, which includes a basic salary and translation fees. 

The price of HDX is important to calculate the amount requested.

[Tips Request] JOHNM Community Manager: January – February + content creation and translations

- A person wants to create a community for HydraDX/Basilisk in China.
- They will translate official announcements and answer questions from community members.
- They will also organize a team of volunteers to help with translation and proofreading.
- They will be paid 112,290 HDX in total for their work.
- They proofread one article and published one article on a Chinese media platform.

[Tips Request] Chinese Community Manager – Feb

- Someone spent 9.2 hours translating articles from English to Chinese.
- The articles are about HydraDX, a platform that rewards contributions.
- The translated articles are available to read online.
- The person who did the translation was paid 24210.53 HDX tokens.
- The post ends with the phrase "Stay hydrated!"

1. A company called cardinate wants to provide a service to the HydraDX network.
2. They have been working in IT since 2001 and have experience with Linux systems and data centers.
3. They have their own autonomous system and data center infrastructure in Europe.
4. They support the decentralized approach of the HydraDX network.
5. They will provide their API services for free for the first 4 months and then propose a fair market cost for the service.

cardinate - Request as API node service provider for Basilisk & HydraDX network

The Future is Hydrated

- Bifrost.Finance is a platform that provides cross-chain liquid derivatives for staked assets.
- Bifrost aims to offer a seamless staking and DeFi experience for PoS users and enable developers to build innovative applications around Bifrost's liquid staking derivatives.
- Bifrost has launched liquid staking derivatives for staked KSM, ETH, DOT, MOVR, GLMR, and BNC.
- Bifrost proposes to open a bi-directional HRMP channel and add the BNC token and other Bifrost assets to HydraDX.
- The collaboration between Bifrost and HydraDX will address the conflict between staking rewards and DeFi interest and solve for liquidity and capital inefficiency.

HydraDX and Bifrost Cross-Chain Integration

Tip treasury - Vlady- (Dec-February)

- Someone wrote 5 articles about hydrating and coding, and they were translated into Slovak language.
- The articles talk about things like hydrating during winter and the future of hydrating.
- The person who translated the articles also did some work to share them with a community on social media.
- They spent a total of 12 hours on this project.
- They are asking for a tip of 27,805 HDX (which is worth about $20) for their work.

Here are the key points from the post about rebranding to Hydratooooors:

- Hydratooooors is a more fun and enjoyable name to say than the current name.
- The name implies that you are actively contributing to liquidity defragmentation.
- Hydratooooors is better suited for memes.
- The name encourages the community to drink more water and provide their tokens to the omnipool.
- Governance is necessary to make this change.

Formal motion to change the community memboooor title from a HydraHead to a Hydratooooor

Poll for previous community discussion 

- Someone wants to talk about adding treasury HDX LP🏦 in future referendums.
- They changed their mind after observing the impact on LRNA for several weeks.
- HDX is volatile and the volatility results in LRNA being extracted and dumped.
- With treasury HDX LP🏦, less LRNA will be dumped on them, which helps the community in the long term.
- They argue that treasury HDX LP🏦 provides a fairer way to earn fees and reduces the risk of a single entity gaining too high a percentage of HDX LP share.

Treasury HDX Liquidity Provisioning

- Two developers from Sub.ID team added support for multiple non-native assets on HydraDX.
- This makes it easier to keep track of your assets around the Polkadot ecosystem.
- Non-native assets will not appear if you have a zero balance to keep the UI clean.
- The team spent 5 hours specifically on this and ~250 hours building the overall architecture.
- Total time spent on this feature is 10 hours.

Discussions