 Origin for spending very high amounts of HDX(<= 50M HDX) from the treasury as well as generally administering it.

treasurer

- We are fixing a plan that did not work before because prices dropped suddenly.
- We will take out a certain amount of shares from a pool called 4-Pool.
- The shares will be taken out in a fair way, based on their weight in the pool.
- We will get a type of money called USDT from this.
- Then, we will slowly change all the USDT into another type called HOLLAR.
- This is getting us ready to stop using the 4-Pool.
- We will start a new pool called 3-Pool instead.

Confirming

Replay of ref #196

Here's a simple summary:

- This plan continues the work from a previous vote
- It will remove 55% of certain shares from the Omnipool
- It will remove 600,000 shares from the stablepool
- All USDT received will be converted to HOLLAR
- This prepares for replacing the old 4-Pool
- A new 3-Pool will be created instead
- This follows what people voted for earlier

Executed

Withdraw some 4-Pool shares & DCA HOLLAR

- Hydration DAO wants to buy PAXG and ENA tokens
- They will use 200,000 HOLLAR from their treasury
- The money goes to a special 5-person group for safe handling
- They're buying through OTC (over-the-counter) trading
- This helps get better prices than waiting days for voting
- 100,000 HOLLAR will buy PAXG tokens
- 100,000 HOLLAR will buy ENA tokens
- They'll try to pay close to market price with a small bonus

Transfer 200,000 HOLLAR for PAXG & ENA OTC

HOLLAR DCAs

Here are the main plans for Hydration:

- Launch new tokens like GIGASOL, EURC, PAXG, and ENA for trading.
- Replace an old pool with a new 3-Pool.
- Use bridges to bring in tokens from other blockchains.
- Swap some treasury assets to make things simpler.
- Add new tokens like HYPERUSD and HYPERETH to support a fast bridge.
- Explore adding more assets for lending and borrowing.

Ratify POL next steps Q3 25

- This proposal moves 39,990.71 GIGADOT to the Hydration Treasury.
- The funds were used for farms but not properly transferred.
- The Treasury used its own GIGADOT by mistake.
- 9,990.71 GIGADOT was for an LDO farm.
- 15,000 GIGADOT was for a SOL BOOST.
- 15,000 GIGADOT was for an AAVE BOOST.
- Each farm has its own reference number.

Transfer GIGADOT for LDO farm, SOL & AAVE BOOST farms

Withdraw 2-Pool BTC

DCA Treasury & GIGAHydration DOT back into GDOT

- A plan to swap 10,000 H2O for HDX
- Small trades every 44 blocks
- A 1.5% limit on price changes
- Up to 9 tries if needed
- Expected to finish in about 14 days
- This continues a series of similar plans
- HDX is needed for future uses like rewards and trading
- Another plan is still coming after this one

HDX buyback with Treasury H2O - Tranche 10

- A vote called #136 had a mistake with numbers and failed.
- A new vote, #164, is for $2,000 in HDX.
- Vote #119 gives $25,000 in USDC and $25,000 in HDX.
- Votes #83, #82, #81, and #37 give $500, $100, $500, and $2,500 in HDX.
- The total HDX given is 3,477,272 HDX.
- The total USDC given is 25,000 USDC.
- The price used for HDX is $0.0088 per HDX.

Retry of failed #136 (Immunefi fee payout)

- A bug was found in Hydration's system.
- It let bad users steal money from others.
- The problem was fixed quickly.
- The team stopped withdrawals to keep money safe.
- They updated the system to check user inputs better.
- The fix made sure users could only take their own money.
- About $200,000 was at risk.
- The person who found the bug got a reward.

Immunefi report payout - Malicious users will steal LP shares cross‑pool from liquidity‑mining depositors

- Proposal to swap 10,000 H2O for HDX  
- Small trades (2.222 H2O) every 44 blocks  
- Slippage limit: 1.5%  
- Max retries: 9  
- Will last about 14 days  
- More HDX needed for liquidity and rewards  
- Next tranche (Tranche 10) coming soon  
- Treasury now has enough H2O to continue

HDX buyback with Treasury H2O - Tranche 9

- A proposal suggests moving all CFG & KILT tokens from the Treasury to a multisig controlled by ex-Council members.  
- The multisig will handle the migration of these tokens to new networks.  
- The migrated tokens will stay in the multisig until Hydration DAO gives new instructions.  
- The discussion has low participation, but the migration deadlines are near.  
- The goal is to move the tokens quickly and decide their use later.  
- CFG migration details can be found on Centrifuge's governance page.  
- KILT migration details are available in a Medium guide.

CFG & KILT next steps

- A new plan to buy LDO tokens using USDT was approved.  
- It will spend 100,000 USDT over about 3 weeks.  
- Small trades of 16.53 USDT will happen every 5 minutes.  
- This helps Hydration have more types of tokens for trading.  
- After buying, the LDO will be added to the Omnipool for liquidity.

Initiate DCA for LDO

- $25,000 USDC + $25,000 in HDX for one project  
- $500, $100, $500, and $2,500 in HDX for other projects  
- HDX price set at $0.0125 per token  
- Total HDX needed: 2,288,000  
- Waiting for invoicing details from Immunefi  
- Future payouts will be grouped together for easier tracking

Payout of immunefi fee for past reports 

OTC WETH -> aETH

Transfer GIGADOT for TRAC & SOL farms

- Swap 10,000 H2O for HDX in small trades  
- Each trade swaps 2.222 H2O every 44 blocks  
- Uses 1.5% slippage limit and allows 9 retries  
- Will last about 14 days  
- Keeps buybacks going after Tranche 7 ends  
- Funds will be used for liquidity and rewards  
- Treasury has 19,360 H2O, more coming later  
- Tranche 9 and another proposal are planned next

HDX buyback with Treasury H2O - Tranche 8

- A proposal to withdraw 3,445 Treasury LP worth ~$732,000 (218 WETH & 9,064 H2O).  
- Future plans include swapping WETH to ETH via an OTC deal.  
- Creating a WETH/ETH pool for easy swaps without high fees.  
- Users can switch between WETH and ETH without leaving Hydration.  
- WETH (MRL) will stay as an on/off-ramp option.  
- Later steps include withdrawing remaining WETH LP from the Treasury.  
- WETH will be removed from the Omnipool.

Withdraw 1x WETH LP

Transfer iBTC for exchanging to tBTC

- A plan to swap 10,000 H2O for HDX in small amounts over 14 days.  
- Each trade swaps 2.222 H2O every 44 blocks.  
- Limits slippage to 1.5% and allows 9 retries.  
- Similar to a previous successful swap (Tranche 6).  
- The HDX bought will be used for future needs like liquidity and rewards.  
- The treasury has 16,351 H2O left for more swaps.  
- Another swap (Tranche 8) is planned after this one.  
- Encourages everyone to "Stay Hydrated."

HDX buyback with Treasury H2O - Tranche 7

- Swap 10,000 H2O for HDX in small trades  
- Each trade swaps 2.222 H2O every 44 blocks  
- Slippage limit set at 1.5%  
- Maximum 9 retries if trades fail  
- Expected to finish in about 11 days  
- More HDX is needed for future uses like liquidity and rewards  
- Similar to an earlier successful proposal but adjusted for faster block times

HDX buyback with Treasury H2O - Tranche 6

- This proposal will send 2,222,222 HDX to a special account.  
- The HDX is for future rewards in the GIGADOT program.  
- Later, GIGADOT rewards will start, and the cap will increase to 8,888,888.  
- GIGADOT will also get better borrowing rules for DOT.  
- The HDX will be given out over 90 days.  
- This proposal does not change the GIGADOT cap yet.  
- It only prepares the HDX for future use.

Transfer 2,222,222 HDX for GIGADOT incentives

- Two new tokens (LINK & SKY) are now ready for trading.  
- This plan will buy LINK and SKY using USDT over 3 weeks.  
- For LINK: $100,000 USDT will be spent, buying a little every 5 minutes.  
- For SKY: $100,000 USDT will be spent, buying a little every 5 minutes.  
- After buying, the tokens will be added to the Omnipool for trading.  
- This helps make Hydration’s markets bigger and better.

[5] Origin: Treasurer