Wrong call - NAY

Upgrade Hydration to v32.0.0

Enable transfers of AAVE, sUSDe and sUSDs via Asset Hub

### Summary

This proposal suggests adding Bifrost's vBNC (liquid staking BNC) to Hydration:

1. **Register vBNC Token**: To include vBNC in Hydration.
2. **Register vBNC in Omnipool**: To add vBNC to the Omnipool for trading.

### Motivation

- Bifrost is moving its staking module from Polkadot to Kusama, making vBNC a new token needing liquidity.
- Currently, 7% of BNC tokens are staked as vBNC, with a TVL of $1.22 million. This will increase demand for yield in Hydration.
- Bifrost's treasury can earn staking rewards through vBNC, benefiting the Omnipool.

### Liquidity Provision

- Bifrost will provide $80,000 as initial liquidity, aiming for a $500,000 target in three months.
- Expected APR for incentives is 1-2%.

### Technical Details

- **Token Name**: Voucher BNC
- **Symbol**: vBNC
- **Decimals**: 12

### Links

- [Website](https://bifrost.io/)
- [Documentation](https://docs.bifrost.finance/)
- [Github](https://github.com/bifrost-io)
- [Discord](https://discord.gg/8DRBw2h5X4)
- [Twitter](https://twitter.com/Bifrost)

Register Bifrost vBNC in Hydration Omnipool

**Hydration Content Creator and Community Manager Report**

- **Role:** Hydration content creator and community manager in Russian-speaking Telegram chats.
- **Period:** March 5, 2024 - September 3, 2024 (4 months).
- **Duties:**
  - Translated Hydration blog articles and newsletters.
  - Published memes and answered questions on X and Telegram.
  - Solved UX issues and translated official announcements.
  - Encouraged community participation in governance.
  - Managed FUD and false allegations.
  - Created educational content and promoted it on X and Telegram.
- **Video Production:**
  - Produced an introduction video and prepared designs for future videos.
  - Upcoming videos include guides on HDX token utility, DCA, liquidity mining, and buying HDX.
- **Time Commitment:**
  - 10 hours per week on community moderation and content creation.
  - Total hours: 96 hours over 4 months.
- **Compensation:**
  - Requested 370,441 HDX for community management, content creation, and translation.

[Tip request] JOHNM Community Manager + Content creation May-August

Hydration is a platform that wants to diversify its Protocol Owned Liquidity (POL) by investing in different assets. They want to invest $400K in SOL, $400K in AAVE, $200K in SUI, and $258K in HDX. They plan to use Moonbeam Routed Liquidity to onboard all assets. Adding these assets will increase market and POL diversity, bring in more users, TVL, and volume. The assets will also be available as collateral for the Money Market and for sUSDS & sUSDe Yield DCA feature.

Diversification of POL

Tip treasury - Jose Crypto- (August- October)

- The person will manage or create a Chinese community for Hydration/Basilisk on different platforms like Discord, Telegram, WeChat, and QQ.
- They will translate official announcements and answer community member's questions in a timely manner.
- They will organize a team of volunteers to complete translation tasks.
- They will create Hydration-themed GIFs to liven up the community atmosphere.
- They will be paid a total of 293200 HDX for their work, which includes a basic salary of 257200 HDX, translation work for 8000 HDX, and creating Hydration GIFs for 28000 HDX.

Hydration

democracy2

treasury5

council1

discussions5