Executed

treasurer

Transfer iBTC for exchanging to tBTC

- A new project called GIGAETH is being proposed.  
- It will register new assets like GIGAETH, aETH, and 2-Pool-GETH.  
- ETH and GIGAETH will be added as collateral for borrowing.  
- A special stableswap pool will be created for aETH and wstETH.  
- The Omnipool will manage and trade these assets.  
- GETH will be added to the Omnipool with a set price.  
- Rewards (GDOT) will be given to users who participate.  
- The proposal needs a software update to work fully.

whitelisted_caller

Launch GIGAETH

- New version v39.0.0 is being proposed  
- Adds support for GIGAETH and HOLLAR features  
- Includes stability module for HOLLAR  
- Adds money market oracle for GIGAETH  
- Fixes some bugs in the system  
- Some storage improvements  
- More HOLLAR features like liquidations  
- Full details in release notes link

Authorize runtime release v39.0.0

- A new stablecoin pool called "3-Pool" is proposed.  
- It includes aUSDT, USDT (snowbridge), and USDC (snowbridge).  
- The pool helps swap Ethereum stablecoins on Hydration.  
- It sets up the pool with specific settings (A: 222, fee: 0.02%).  
- Liquidity is added with amounts for each stablecoin.  
- aUSDT: 333,200  
- USDT (snowbridge): 333,377  
- USDC (snowbridge): 330,010

root

Launch 3-Pool

- 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

- A new Polkadot rewards campaign is starting for 3 months.  
- Many tokens like DOT, USDC, and tBTC can earn up to 69% rewards.  
- More GIGADOT tokens will be moved and added to rewards.  
- Some token limits are being increased for better rewards.  
- The campaign helps grow the Polkadot ecosystem.

LAUNCH GIGAHYDRATION

- Gives 3 million DOT back to Polkadot Treasury  
- Sends 2 million DOT to Hydration Treasury  
- Creates 2 million vDOT (a special DOT version)  
- Uses some vDOT to buy GIGADOT over 6 hours  
- Uses the rest to buy GIGADOT over 2 months  
- All money is kept safe in a special account until needed

GIGAMINT

- The plan is to remove iBTC from the Omnipool.  
- Only withdrawals will be allowed at first.  
- Then, all iBTC will be frozen and removed.  
- The Treasury will send iBTC to a special wallet to swap it for tBTC.  
- The tBTC will be returned to the Treasury later.  
- This is happening because iBTC has low trading and too much reliance on one provider.  
- Hydration has supported iBTC for a long time but now needs to exit.

Remove iBTC from Omnipool

[Root] Register TRAC and NEURO, Accept Open HRMP Channel Neuroweb

- People liked the idea to add TRAC to the Omnipool.  
- If approved, TRAC will be listed in the Omnipool.  
- The team will add TRAC liquidity to the pool.  
- The LP positions will be sent back to the original sender.  
- There was a mistake in an earlier vote.  
- Please vote "Nay" on the wrong vote.  
- Vote "Aye" on this one instead.

omnipool_admin

(NEW) Request TC to whitelist the listing of TRAC in the Omnipool

- There was a problem, so we need to vote "NAY" on the old idea.  
- A new vote will happen soon.  
- The idea is to add TRAC to the Omnipool.  
- TRAC is a type of digital money.  
- The Omnipool helps people trade it easily.  
- Some TRAC will be added to the pool for trading.  
- After adding, the pool shares will be sent back.  
- This was discussed and people liked it before.

TimedOut

[VOTE NAY] Request TC to whitelist the listing of TRAC in the Omnipool

- This proposal does two main things: mints remaining HDX to the Treasury and increases HDX liquidity.  
- It mints leftover HDX from Growth and Collator Rewards to the Treasury.  
- The total HDX supply will be nearly 6.5 billion after minting.  
- HDX liquidity is very low, so the plan is to add more gradually.  
- Over 13 weeks, the Treasury will add HDX to liquidity pools 39 times.  
- This will add about 155 million HDX to improve trading.  
- The goal is to make HDX liquidity equal to 5% of Omnipool liquidity.  
- This helps HDX be used as collateral and improves market confidence.

Add Growth pot to Treasury & increase HDX liquidity

- Proposal to whitelist GIGAETH-related referenda  
- GIGAETH launch involves adding it to Omnipool  
- Will allow trading of ETH, wstETH, and GIGAETH  
- ETH can be used as collateral and borrowed  
- GIGAETH can be used as collateral  
- GIGAETH farm will start in Omnipool  
- Testing in progress  
- Expected launch date: June 30th

Request TC to whitelist GIGAETH launch

Patch runtime to v38.1.3

- A request to whitelist proposals for the GIGAHydration campaign.  
- Funds from Polkadot referendum #1542 will arrive on June 26th.  
- Plans include returning 3,000,000 DOT and withdrawing 2,000,000 DOT to the Hydration Treasury.  
- Minting 2,000,000 DOT worth of vDOT and converting it to GIGADOT.  
- The campaign aims to start on June 27th.  
- First farms will run for 3 months with a BOOST POT for extra rewards.  
- HDX holders will vote on boosted reward farms.  
- A draft shows how 2,000,000 DOT will be distributed over 6 months.

Request TC to whitelist GIGAHydration campaign refs

Transfer DOT staking rewards

economic_parameters

Double vDOT supply cap 

- 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

- DIA asks for payment for oracle services to Hydration.  
- The payment is for 6 months of past work (August 2024 - January 2025).  
- Total cost is $22,575, which equals 2,052,272 HDX.  
- Future payments will be requested every 3 months.  
- Payment will be sent to a specific HDX address.  
- DIA is happy to adjust payment timing if needed.  
- They look forward to continuing their work with Hydration.

spender

Tip Request for DIA Oracle Services on Hydration

Add LINK & SKY liquidity

- A proposal asks for $2.5M from Hydration Treasury to fund development.  
- The money will support the IGL team for 12 months.  
- Some people wanted a bigger budget to work faster, but this keeps things the same for now.  
- A new discussion will explore using extra funds to speed up progress.  
- The funds include:  
  - $1.94M in 2-Pool shares  
  - $309K in sUSDe  
  - $250K in sUSDS  
- The money will go to a secure IGL wallet.

Hydrating the Funding Gap - Maingaining

tipper

Short-lived Dwellir dedicated RPC node

- Polkadot is voting on a plan called "GIGAHydration Campaign."  
- They want to use 5 million DOT to help grow DeFi (money apps) on Polkadot.  
- After listening to feedback, they will give back 3 million DOT to the Polkadot Treasury.  
- The remaining 2 million DOT will be used over 6 months to support Hydration and other projects.  
- This helps Polkadot’s money apps grow in a smart and fair way.  
- Hydration DAO promises to follow this plan if the vote passes.  
- The vote will end in about 5 days.

On-chain remark: Polkadot GIGAHydration Campaign

Final top-up for Polkadot Hydration farms

referendum_canceller

referendum_killer

general_admin

OpenGov Referenda

Origin able to dispatch a whitelisted call.

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

Origin able to spend up to 2,222,222 HDX from the treasury at once.

Origin able to spend up to 50K HDX from the treasury at once.

Origin able to perform specific Omnipool-related actions.