- HydraDX community agreed to fund 2 years of development for HydraDX protocol through referendum #35.
- The funding can be given in tranches of up to 6 months' runway (1.25M DAI) by the HydraDX Council.
- The first tranche of 1.25M funded development from April to September 2023.
- The second tranche of 1.25M funded development from September 2023 to May 2024.
- The third tranche of funding of 1,250,000 DAI is requested by the HydraDX Council to be distributed to the Intergalactic Limited multisig to fund development for the next ~6 months.

Intergalactic Limited 6 months development funding - third tranche

Tip - Spazcoin- Protocol LPs

- Darwinia community wants to buy RING on a Polkadot native DEX
- HydraDX Omnipool is the first DEX to list RING in the Polkadot ecosystem
- Darwinia has been around since the early days of Polkadot and has built bridges to different chains
- RING is a native token on Darwinia Chain which is EVM compatible
- Proposal to open HRMP channels between HydraDX and Darwinia and deposit 25,000,000 RING in the Omnipool to improve liquidity for RING in the Polkadot ecosystem

Darwinia RING Omnipool Listing Proposal

Here is a summary of the SubSquare post about the inclusion of the PEN token to the Omnipool for a second-grade student:

- The PEN token is a type of money used on the Pendulum network.
- People can use PEN to pay for things on the Pendulum network, like transaction fees and governance.
- The PEN token is available on different exchanges, like MEXC and StellaSwap.
- The Pendulum network is governed by people who hold PEN tokens.
- Adding PEN to the Omnipool can help spread risk, provide more trade options, and increase liquidity.

Adding PEN to the Omnipool 

- Composable Finance is a chain that allows movement of different cryptocurrencies.
- Opening a channel with Composable Finance can benefit HydraDX by bringing in assets from other important chains.
- This can also create liquidity pools and allow for trading of more assets.
- HydraDX can interact with other chains and move freely.
- This can lead to many possibilities and ease for users in exchanging different cryptocurrencies.

Open channels with Composable Finance

Tip treasury - Jose Crypto- (January- April)

- A person will create and manage a community for HydraDX/Basilisk in China.
- They will use platforms like Telegram, Discord, WeChat, and QQ to communicate with the community.
- They will translate official announcements and answer questions from community members.
- They will also organize a team of volunteers to help with translation tasks.
- The person will be paid a basic salary for their work, and there will be extra pay for translation work.

[Tip Request] Chinese Community Manager – March

What is conviction - Referenda voting

1. A team made a mistake and sent money to the wrong address.
2. They cannot access the money because it was sent to an address they don't control.
3. They have proof that they control the address on the relay-chain.
4. They proposed two solutions to fix the mistake: transfer the money to a HydraDX-controlled address or reverse the transaction.
5. They are asking for help from the HydraDX council to fix the mistake.

Amend "Polkadot-API Dev Team" Misdirected USDT Funds

[Tip request] Immunefi Commission DCA Terminate Bug

- A bug was reported to Immunefi about a problem with DCA schedules.
- The bug may cause some users to not be able to stop their schedules for a short time.
- The report was classified as Low in the Blockchain category.
- The person who reported the bug requested a tip of $1,000 or 52,632 HDX.
- The report was made to Hydradx through Immunefi's bounty program.

[Tip request] Bug Bounty - Low Vulnerability (Blockchain) in DCA Terminate

HydraDX has received 6,557,079 PINK after registering it as an asset in the asset registry. They will also receive more PINK from their vDOT position. The question now is what to do with this allocation of PINK. Some suggestions include pairing it with Treasury DOT and creating an Isolated Pool, distributing it to HDX stakers, distributing it as liquidity incentives as part of Polkadot Hydration, giving it all to Ben, or other ideas. This conversation will develop with the upcoming DED airdrop for the protocol staked DOT and VARCH for protocol staked DOT & LP'ed vDOT. They will either move to an open square poll or straight to a referendum for the action if it appears unanimous.

What to do with HydraDX PINK supply?

1. The HydraDX community wants to list HDX on more centralized exchanges (CEXs).
2. Listing HDX on CEXs can increase market popularity, attract new users, and improve market recognition of the token.
3. The Chinese community proposes to list HDX on MEXC first due to its high trading volume, extensive cryptocurrency selection, zero trading fees, non-KYC policy, and competitive listing fees.
4. The Chinese community suggests that HDX should be listed on at least three second-tier CEXs before June next year.
5. MEXC offers two listing packages (kickstarter and launchpad) with different rewards and requirements, and the community is soliciting opinions on which package to choose and other suggestions for listing on CEXs.

Listing HDX on more CEXs.

HydraDX is a DeFi protocol that brings liquidity to Polkadot through the Omnipool, an Automated Market Maker (AMM). A dashboard displaying all active pools would be valuable for users to monitor liquidity, trading volumes, and token pairs. Supporting additional pools encourages liquidity and token variety, bringing attention to Hydration, the rebranded name for HydraDX. The dashboard should display essential metrics, have real-time updates, and user-friendly interfaces. Community involvement and democratic decision-making are crucial, and security measures such as audits and bug bounties are necessary.

Rewards Dashboard for all pools

Initial assets for Money Market

1. Hydration brand is launching a marketing program to achieve specific objectives.
2. The program includes a Twitter and Holder Expansion Plan, Trading Rewards, CEX Listing Plan, and Market Value Management Mechanism.
3. The Twitter and Holder Expansion Plan aims to increase Twitter followers, HDX's holder, and listed CEXs.
4. Trading Rewards include a video contest and Omnipool usage bonus program.
5. CEX Listing Plan aims to list HDX on four CEXs within six months after the brand's launch.

Marketing Program to accompany Hydration Brand Launch

- CiaoAI is a company that provides Market Making Bots.
- Their MM bot can help increase trading volume and liquidity on exchanges.
- The bot is fully user configurable and comes with a dedicated server.
- CiaoAI has a professional team and reasonable prices.
- They support all exchanges, including CEX and DEX, and have listing cooperation with many exchanges such as MEXC, Lbank, and Bitmart.

Provide MM services to make it more alive

wen partial unstaking ? stakin yield claim into regular (free to transfer) wallet

- A person will create and manage the HydraDX/Basilisk Chinese community on different platforms like Telegram, Discord, WeChat, and QQ.
- They will translate official announcements and publish them in the community. They will also answer questions from community members.
- The person will organize a team of community volunteers to complete translation tasks on time.
- They will work for 37 days, equivalent to 5.29 weeks, for 10 hours per week, for a total of 52.9 hours.
- The person will also create a Chinese version of the DCA introduction video with the help of a teacher from the Russian community.

[Tip Request] Chinese Community Manager – February+

HydraDX is a platform that makes finance efficient, simple, and unstoppable. They have evolved into the go-to DEX in the Polkadot ecosystem. They are introducing a Money Market on HydraDX, where users can lend and borrow assets. They are also launching a new native decentralized stablecoin called HOLLAR. They are proposing a rebrand to Hydration Network, with a new logo and look-and-feel of their identity. They will soon launch a referendum to decide on the rebranding.

Money Market, Stablecoin & rebrand??

- A person spent 7.5 hours working on translating and distributing 4 articles about HydraDX to the Slovak language for the CZ/SK Hydra community.
- The articles were shared on various social media platforms such as Facebook, Twitter, and Discord.
- The work included community engagement through chats and activity on social media platforms.
- The person requested a tip of 5723 HDX, which is equivalent to 20 USD based on the 7-day average exchange rate.
- The articles provided updates and milestones for HydraDX in January 2024, a review of the achievements in 2023, and information about the Hydration destination program.

[Tip request] Slovak translations for CZ/SK community

- Crust Network is a decentralized cloud storage protocol that uses IPFS.
- They want to add their native CRU token to the Omnipool to increase liquidity.
- CRU is a utility token that supports the Crust Network.
- The team has removed sudo from governance to increase decentralization.
- If you want to learn more, you can check their website, Discord, Telegram group, Medium page, Subscan page, and Tokenomics Whitepaper.

Crust Network on HydraDX! 

HydraDX Contributor Report Summary:

- A contributor has shared their report for the last two months of community management and HydraDX content creation.
- They have collaborated with PDCMNODE to deliver HydraDX DCA Chinese Video and translated the latest articles in the HydraDX blog.
- The contributor has also helped community members in HydraDX RU Discord channel by answering frequently asked questions and solving UX issues.
- They have encouraged the community to participate in governance and dealt with FUD and false allegations related to HydraDX & Basilisk.
- The contributor has spent an average of 15 hours per week for community moderation and content creation, and they are requesting 104,257 HDX as their basic salary for the two-month period.

[Tip request] JOHNM Community Manager + Content creation January-February

- Polkadot is proposing to provide 500,000 DOT to Omnipool and HydraDX Treasury for liquidity incentives.
- The proposal needs to be approved by HydraDX governance before it goes on-chain.
- The liquidity incentives campaign requires 40% of the incentives value to be matched by the HydraDX Treasury in HDX rewards.
- The proposal aims to bring more attention to Polkadot and increase liquidity.
- The proposed incentives would equate to approximately 55M HDX at the current HDX price.

Polkadot Hydration Campaign

- Someone accidentally tipped all their HDX instead of staking it.
- They tried to increase their stake but the transaction failed.
- They later found out that the HDX they wanted to stake went as a tip instead.
- They reached out to HDX Support on Discord to propose getting the funds back.
- It is unclear if the funds can be refunded, but they are seeking help to resolve the issue.

Discussions