Adding PEN to the Omnipool

its very good, PENDULEUM and its colaboration with Stelar and their work in african countries say to us that is a high potential project

Great idea to add Pendulum to the Hydra DEX!!

Although the liquidity for Pendulum looks low and a very low percentage of the tokens have been distributed so far, so there's a risk of the token price swinging wildly. Therefore I'd suggest adding Pendulum via an "isolated pair" which is basically a normal DEX LP pair. The HydraDX trade router would still route trades from Pendulum to any other DEX listing. So you might want to choose a USDT/PEN or DOT/PEN pair and deposit the tokens to create the market. HydraDX governance is currently voting on a runtime upgrade that will allow permissionless pool creation.

Is there almost 20% of the supply in circulation right?

Could you tell us how aggressive the release of the rest of the supply is? at least until there is 40% in circulation. I.e will take 3 months or so?

So far I believe that it is better in an isolated pool, until there is a better distribution of the tokens

Isolated Please!

Is there an active block explorer / Subscan integration for Pendulum? Apart from Polkaholic and Calamar.

Recommended to enter the isolation pool, for the following reasons:

• Lower percentage distributed so far
• "Insiders" have a very high percentage of currency holdings (50%)
• Liquidity is currently very low

I think an isolated pull would be an alternative option. Which over time could be transferred to omnipool

I agree with Vlady Limes, PDMCNODE, Spazcoin, and Jose that an isolated pool is the wiser choice for now given current conditions.

I'm in favor but don't like seeing polkabeat say your council is not democratic elected. Who is on your council? Also, can I ask what your Treasury is made up of at the moment?

Question to the isolated pool folks... Isn't our risk exposure from PEN less than or comparable to ZTG? Why ZTG but not PEN - am I missing something?

Agree with amphibiousParakeet - I don't see any real difference between listing PEN and ZTG in the omnipool

Plus it is a bull run so I advocate for a risk-on approach otherwise the Polkadot ecosystem risks falling behind the rest

Well if liquidity is a concern they do have a $100k pen/dot pool on Zenlink right now btw, as well as liquidity on Stellaswap and MEXC.

hey sirs like @giraffe comments, before continuing with this proposal, it is necessary that an explorer is active, since polkaholic shut down

There is no way to see the tx on chain in an easily accessible portal, nor the distribution of tokens for example, etc

In addition to all of the comments so far, something we can do to limit risk in the Omnipool is to set a much lower cap on the amount of PEN in the Omnipool. Currently parachain tokens have been set at 5% across the board during initial Omnipool addition of Polkadot ecosystem tokens. But we're coming to the time when those limits will need to be tuned for all of the existing tokens. For PEN, I'd suggest a limit of 1.0% if the team were to proceed with a governance proposal to list PEN in the Omnipool. I would still suggest starting with an isolated pool because low token distribution means PEN is vulnerable to manipulation and I assume you can't quickly change the distribution. But if you put this to a vote then at least a lower cap would reduce Omnipool risk and might swing some voters. Still need a block explorer first, though.

Yes I think nodl must added to omnipool

Agreed