- HydraDX is going to change its name to Hydration.
- They want to update their logo and overall brand style to have a retro, Vaporware, Miami Vice look.
- This change will be approved by people who own HDX.
- They will work with professional brand agencies to make this happen.
- This is a big decision for HydraDX and they are taking it seriously.

Proceed with rebrand to Hydration

- The proposal suggests giving incentives to match 40% of the value of 1,000,000 DOT as part of the Polkadot Hydration Campaign.
- The quantity of HDX will be decided when the relevant Hydrated Farms are created during the 1-year campaign.
- The equivalent quantity of HDX to match 40% of 1,000,000 DOT would be around 173,000,000 HDX.
- HDX tokenomics state that 1,795,662,772 HDX are available for growth purposes.
- The proposal aims to encourage growth and development within the Polkadot Hydration Campaign.

Ratify Polkadot Hydration Liquidity Incentives Campaign

Untitled - motion #125

Add CRU to Omnipool

Accept & send HRMP requests - Pendulum

Untitled - motion #122

Untitled - motion #121

Increase multiplier for HDX vDOT farm to 2x

Untitled - motion #119

Untitled - motion #118

- The proposal will remove all USDT positions from the Omnipool.
- The proposal will create a new stableswap pool called `2-Pool-Stbl`.
- The new stableswap pool will have USDT and USDC tokens in it.
- The proposal will add liquidity to the new stableswap pool.
- The new stableswap pool shares will be added as a tradable asset in Omnipool.

LAUNCH NATIVE USDC/ USDT 2-POOL

HydraDX wants to transfer 60,000 DOT to a Pure Proxy on the Polkadot Relay Chain. This will ensure that the protocol has enough DOT to pay for Polkadot Coretime in the future. The HydraDX Council will stake these DOTs. Staking rewards will be distributed to a second Pure Proxy on Polkadot. These DOT are not being removed from the Omnipool. Referendum #43 approved 1.33M DAI to be diversified into DOT for the second parachain lease period. HydraDX recently secured a slot for 30,000 DOT and therefore these DOT are not currently allocated to a specific purpose.

Transfer DOT from HydraDX Treasury and Stake on Polkadot Relay Chain

Untitled - motion #115

- The proposal is about upgrading the runtime to a newer version called `v23.0.0`.
- The upgrade will include new features like allowing router execution in XCM transact, XCM rate limiter integration, and dynamic fees.
- There were 11 changes made in total, including the ones mentioned above.
- The proposal was made by some people with usernames like Roznovjak, apopiak, and mrq1911.
- You can find more information about the changes in the release notes at the provided link.

Authorize upgrade to runtime release v23.0.0

Untitled - motion #113

- The proposal will make some changes to Omnipool.
- It will remove some tokens from Omnipool.
- It will create a new stableswap pool called "2-Pool".
- The new pool will have two tokens, iBTC and WBTC.
- The new pool shares will be added as a tradable asset in Omnipool.

Launch WBTC<>iBTC 2-Pool

HRMP channel open request to Manta Network

Schedule daily claims for HDX staker referral fees

HydraDX is making some changes to their system which will help bring more people to use it. These changes include:

- Upgrading to a new version of their system called `v22`
- Creating a way for people to refer others to use HydraDX and earn rewards for doing so
- Changing the way fees are collected so that some of the money goes towards the referral program
- The goal is to get more people to use HydraDX and make it even better!

Authorize runtime upgrade & on-chain remark

- HDX bonds will be created and given to people who provide liquidity to DOT protocol.
- The HDX bonds will be created using HDX from the Treasury.
- The event will start on 4th January 2025 and last for about a year.
- The LBP will run for 36 hours and the start and end times are given.
- The LBP swap fee will be 2%.

Launch second bonds event

Add PHA to Omnipool

SubSquare is proposing to launch a new event called the "second bonds event" on January 4th, 2024.

The proposal suggests creating 22 million HDX bonds with a maturity date of January 4th, 2025.

The bonds will be distributed to accumulate DOT protocol owned liquidity via an LBP.

The LBP will run for 36 hours, starting with 85% HDX bonds and 15% DOT, and ending with 40% HDX bonds and 60% DOT.

The bonds will start trading at a 22% premium to the spot price of HDX at the time the referendum is put on-chain, and there will be a 2% swap fee.

Second bonds event

- The proposal is about upgrading to release `v21.2` - runtime version `hydradx/196`.
- This upgrade will allow for a wider range of dynamic fees before the launch of referral fees.
- The initial parameters for AssetFee and ProtocolFee are given.
- The new parameters for AssetFee are Min - `0.25%`, Max - `5%`, Decay - `0.001%`, and Amplification - `2`.
- The ProtocolFee parameters remain unchanged.

Tech. Comm. Proposals