Bifrost is a liquid staking app-chain that provides cross-chain liquid staking services for various networks. It is one of the largest liquid staking protocols on Polkadot with a current total TVL of $100M. Bifrost is proposing to add Bifrost vGLMR and vASTR on Hydration to increase Omnipool TVL and trading volume of GLMR and ASTR on Omnipool, among other benefits. The proposal also includes a risk declaration for Bifrost LSTs. The token information for vGLMR and vASTR is provided, and the next step is to consider vMANTA in the next proposal. Links and references to Bifrost's website, documentation, Github page, and communities are also provided.

Register Bifrost Liquid Staking Tokens (LSTs) vGLMR, vASTR, on Hydration and add them to Omnipool

- Polimec is a Polkadot parachain that helps fund and support Web3 projects.
- They want to add PLMC to the Hydration Omnipool, which will allow broader access to PLMC and its functionalities on Polimec.
- Polimec has an existing HRMP channel with Hydration, which allows users to transfer assets to and from Polimec.
- PLMC has fulfilled the Omnipool listing guidelines, including being listed on MEXC and XT.COM, having decentralized governance enabled on-chain, and having over 40% of its tokens distributed and in circulation.
- Polimec has an app, knowledge hub, and website for users to access.

Add PLMC to Omnipool

will hdx get listed on tier 2 exchanges like gate,kuckoin?

Vlady is a member of the Hydration community who started the Russian-speaking group for HydraDX and Basilisk. He has been a council member and a regular admin. Vlady talks to the community, listens to their ideas, and sometimes does live streams in the channel. He uses his own Telegram and Twitter, as well as his team's channels. Vlady contributed to the community by creating content and engaging in Telegram chats related to HydraDX and Basilisk. He plans to work for 2 hours per day for 3 months, excluding 20 days of vacation, and will receive 245,963 HDX for his work.

Tip treasury - Vlady - (March - May) Community Manager

- Someone will work to 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 work for 53 days, for a total of 75.7 hours, and will be paid in HDX tokens.

[Tip Request] Chinese Community Manager – 202404/05

HydraDX has created new guidelines for future Omnipool token listings. These guidelines will be voted on by the Hydration governance before being implemented. The guidelines aim to prevent market manipulation and ensure transparency in the listing process. 
To be listed, a token must have gone through price discovery for at least eight months, be listed on a DEX with at least $100k liquidity and/or listed on a CEX with active market maker support maintaining a 2% depth of at least $2k, have active token holder governance, transparent market data available, at least 40% of the token supply must be distributed and in circulation, and have a market cap of at least $1M. 
The minimum team/treasury deposit into the Omnipool is $300k worth of tokens for tokens with an FDV up to $50M and $500k worth of tokens for tokens with an FDV above $50M. 
These guidelines do not affect current Darwinia processes of listing, and exceptions may be made based on community vote.

Criteria for listing a token in the Omnipool

Tip - Nariman - DCA WatchTool

HydraDX is a community that creates content and manages communication for HydraDX and Basilisk. 
The contributor's duties include translating articles, creating memes, answering questions, and helping with UX issues. 
They also encourage community participation in governance, announce updates, and deal with false allegations. 
The contributor spends an average of 15 hours per week on community moderation and content creation. 
They are requesting 163,265 HDX for their 2 months of work.

[Tip request] JOHNM Community Manager + Content creation March-April

- A person accidentally sent 20 DOT to the HydraDX team's Polkadot wallet in two separate transactions.
- They were trying to understand how XCM, polkadot.js/api, and smart contracts work but made a mistake.
- The person reached out to Jose.Crypto on Discord who advised them to create a post to be voted on.
- The person is requesting that the HydraDX team send the funds back to the same address.
- The post was created to rectify the mistake made by the person.

Accidentally sent DOT to the wrong address while playing with XCM

- 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.

Discussions