This proposal, if approved, will ratify the POL next steps as discussed in discussion #246 (https://hydration.subsquare.io/posts/246) by placing the following on-chain remark:
//Suggested next steps - key points
- use jitoSOL (Moonbeam Routed Liquidity) with aSOL to launch GIGASOL
- use EURC from Base using Hyperbridge to launch EURC in Omnipool
- accumulate PAXG (Snowbridge) to launch Gold as tradeable asset in Omnipool + add as Supply & Borrow asset
- accumulate ENA (Snowbridge) and launch in Omnipool
- launch HYPERUSD & HYPERETH to support Hyperbridge x Hydration functioning as the ultimate decentralised, fast & trustless token gateway
//Suggested next steps - full list
- switch $250K accumulation of SOL from sUSDS to $200K jitoSOL (OTC) & $50K SOL (DCA) in preparation for GIGASOL
- deprecate 4-Pool
- launch new 3-Pool (HOLLAR x USDC (MRL) x USDT (MRL)) outside of Omnipool as replacement ($200K of each)
- HOLLAR for 3-Pool sourced from HSM using aUSDT
- swap DAI ($200K) for EURC (sourced from Base using Hyperbridge)
- launch EURC in Omnipool
- launch CFG (migrated) in Omnipool using Snowbridge
- swap various stablecoins in the Treasury for HOLLAR, to simplify POL stables
- swap all tradeable POL < $2000 for HDX
- accumulate $200K PAXG (snowbridge) using POL DOT (staking rewards & MM Treasury) + launch Omnipool trading + explore earliest possible Supply & Borrow listing once sufficient liquidity
- $100K OTC + $100K DCA (first to stables for OTC for simpler accounting)
- accumulate $200K ENA (snowbridge) using POL GDOT + launch Omnipool trading
- $100K OTC + $100K DCA (first to stables for OTC for simpler accounting)
- swap $400K of stables from 4-Pool for HYPERUSD assets equally:
- Arbitrum USDC
- Base USDC
- BSC USDT
- HOLLAR
- Swap $300K of GETH for HYPERETH assets equally:
- Arbitrum ETH
- Base ETH
- aETH
//Additional Supply & Borrow collateral options
- AAVE
- PAXG
- SOL
- GIGASOL
- GIGAHDX
Here are the main plans for Hydration:
Threshold