PLMC must reach out to Hydration to hydrate the entire ecosystem with coffee 

With Polimec now you can be the VC!

Could you provide me details on what faction of supply is still vested? From the Docs it seems quite high and I am not sure about price discovery in that case. I don't mean to be offensive or accusatory here but what's to stop early investors from using omnipool as exit liquidity as they unlock?  

[@Parakeet](7KejvRw4GZvVjFQEDefAsBRd9iaTjVeUWczB44Mgu8Bue8JW-hydradx) 

Hey Parakeet
 
Thank you for your question.
 
All early backers have linear vesting following the expiry of an initial lock-period - excluding the participants of our community round (linear vesting only). There is no cliff-vesting, hence no big unlock in the first months. TGE was on January 3rd, 2024. You can see the vesting schedule [here](https://hub.polimec.org/learn/tokenomics#plmc-release-schedule):

![](https://hub.polimec.org/images/graph_plmc-release-schedule.png)


hey how are you, thank you very much for the post

Although I obviously want polimec tradable in Hydration, for now I think it would be better with an isolated pool

reasons:
- not enough time for the discovery price, it's just been 6 weeks since the token was launched, too new
- distribution, really the majority of the circulating supply is just the Treasury

That means that there is still almost all the vesting of the early investors ahead.

given the correlation of the assets in the Omnipool, that is why my suggestion that a token be tradable for at least 8 months, thus at least avoiding those first months of vesting

so for the moment I would recommend starting with an isolated pool ( already permissionless so can create at any time) and sone months later, preferably at least 8 months the referendum to the Omnipool 

In the isolated pool it will still be possible to be a router via Omnipool with other assets, so the user will not notice the difference 🙌

If im reading wrong the info, ofc can correct me, thanks 

[@Jose Crypto](7NzNFJb2pfy2mZzdS2ky8okkXZL52fn2VAvAsc8jigvCtBec-hydradx) 
Comparto totalmente tu opinión, cualquier token que quiera seguirme estar en la omni debe pasar mínimo ese periodo de prueba

Hey Jose
 
Thank you for sharing your thoughts. Happy to give some insights.
 
**Price Discovery:**
Please note that PLMC had a dual listing on March 18th, making it tradable for >3 months. 8 months seems like an arbitrary indicator for price discovery defined in the soft guidelines. Happy to get more information or reasoning from you side with regards to this.
 
**Distribution:**
The circulating supply is 55%, as indicated on CoinGecko, complying with the 40% defined in the soft guidelines. You can find more chain metrics here: https://dune.com/substrate/polimec
 
**Vesting:**
All early backers have linear vesting following the expiry of an initial lock-period - excluding the participants of our community round (linear vesting only). There is no cliff-vesting, hence no big unlock in the first months. TGE was on January 3rd, 2024. You can see the vesting schedule [here](https://hub.polimec.org/learn/tokenomics#plmc-release-schedule):
 
![](https://hub.polimec.org/images/graph_plmc-release-schedule.png)
 
**Correlation of the assets in the Omnipool:**
Can you please describe your concerns in more detail?
 
We are excited about further lowering entry barriers for users on Polimec and strengthening the ecosystem as the fundraising protocol on Polkadot! 
 
Let me know if you have any other questions.

Stay hydrated!
 
Cheers,
Flavio


[@Flavio...☕️](7MN1XuMvB1q3rdWWhr3AFjCLXXY3JYaAJbiLL8XJTVTgiExV-hydradx) 

hey sir, well launching the token is not the same as discovery price, there has to be a reasonable amount of time for the market to "correspond and be stable" since the first months with many ( accumulated) vestings ahead greatly dilute that "initial price"

and the low circ supply greatly affects the previous point

In regards of the supply, if there are 55 % circ supply then it is of this way (according to your tokenomics):

- 30% is on chain treasury (the other 10% is planned to be distributed over 4 years I understand)
- 20% foundation growth
- 5 % on the market by holders (?), maybe is a little more due to some vestings, but for me it still seems low (for now)

In short, it seems to me that there is very little circulating supply (a lot of effective dilution in possible months thanks to vesting) and this same item affects the discovery price, so not enough time to be considered like discovery price

Ofc this is with my understanding of the Omnipool is for matures assets, not new tokens since can affect negatively the other assets in the Omnipool 

But also will ask, how much the team/community of polimec is looking to deposit on case that the community agree to it? 

AYE, i want PLMC in the OMNIPOOL and the possibility to buy/sell on Hydration Network 
Time to make more decentralize the token!

Gl guys

Nachito I Hydrated Agent #14

I hear that Polimec is a good team and look forward to PLMC being tradable on the Hydration DEX. Team could easily swap some PLMC for DOT and get hydrated with an Isolated Pair.

However, since this discussion is specifically about PLMC being added to the Omnipool I'll address PLMC vs the recently ratified [listing guidelines](https://github.com/spazcoin/HydraDX-docs/blob/howToListInOmnipool/docs/howto_list_token_in_omnipool.md). The goal of the guidelines was to be transparent and consistent between projects, so here's my concerns:

* Token distribution - I calculate about **9%** of tokens are unlocked so far, based on linear vesting schedules of early backers, employees, advisors. Treasury and Foundation Reserve is not "in circulation" and therefore excluded. (During my Omnipool research, I discovered that treasury tokens deposited into a DEX actually DO count towards circulating tokens and MC, so adding more DEX listings will definitely help increase distribution.) Theoretically if no Treasury or Foundation funds were spent, 40% of the early backer and employee/founder tokens won't be unlocked until around **10 months** after TGE and that's just 16% of the total supply.
* CEX listing - while the $79k 24hr volume is good, surprisingly MEX only has a 2% depth $1.1-1.5k. In the guidelines I put what I thought was a reasonable goal of $2k 2% depth.
* Block explorer - I played with the Polkascan explorer and WOW is it lacking in features. https://explorer.polimec.org/polimec. I was hoping to get a list of top accounts, or metrics on whale/dolphin/shrimp account distribution, or how many unique addresses there were but it's not available. The best I can find is that the nine council members hold about 919k PLMC each ($284k). At least the Parity Data Team's monthly report shows 1k-9k transactions/mo and 300-350 active addresses/mo. https://dashboards.data.paritytech.io/eoyr.html So while Polkascan's lack of features is not Polimec's product issue, I don't get a warm and fuzzy feeling that token holders have great visibility into what's happening with their chain.
* Token holder governance - it looks like governance voting is basically only the team. Council passes motions, 1-3 people vote on it (mostly team members) and there's no descriptions on the motions in Polkassembly. In the Polimec Discord server, there are no Announcements about on-chain governance at all.

Again, no personal issues with the team, but those are several areas that could improve as the project matures. I would still suggest targeting $100k+ of PLMC-DOT liquidity as an Isolated Pair and begin trading on the Hydra platform. The team could either sell $50k of PLMC up front start by depositing $10k PLMC-DOT and provide PLMC liquidity incentives to get people to deposit more. 6 months of $100-200k liquidity would cost about $2.4k/mo/$100k x 2 x 6mo = $28.8k in PLMC incentives based on other LM proposals I've seen. After four months of that, you'd reach 10 months after TGE and at least 40% of backer/founder/employee/investor tokens unlocked. Then return to the discussion about whether PLMC price discovery has progressed enough to be listed in the Omnipool.

GM Hydration Nation 💦
 
Flavio here -  Foundation Council member of Polimec. We hereby formally propose adding PLMC to the Hydration Omnipool.
 
Quick introduction:
Polimec is a Polkadot parachain, transforming the way Web3 projects are funded and supported. Harnessing the power of community and expertise is the key to unlocking the full potential of decentralized technologies. We bridge the gap between upcoming Web3 projects and the resources they need to thrive.
 
Polimec has an existing HRMP channel with Hydration, which was approved by on-chain governance (both by Polimec and Hydration), allowing users on Hydration to seamlessly transfer assets to and from Polimec.
 
Today we are asking the Hydration community for permission to enter the Omnipool, allowing broader access to PLMC and it's functionalities on Polimec.
 
We briefly summarized the fulfilled Omnipool listing guidelines below:
 
Past initial price discovery and successfully listed on [MEXC](https://www.mexc.com/exchange/PLMC_USDT) and [XT.COM](https://www.xt.com/en/trade/plmc_usdt)
Sudo removed and decentralized governance enabled on-chain: [https://x.com/PolimecProtocol/status/1767576539502133379](https://x.com/PolimecProtocol/status/1767576539502133379)
Polimec Block Explorer: [https://explorer.polimec.org/polimec](https://explorer.polimec.org/polimec)
Token Distribution Allocation (>40% distributed and in circulation): [https://hub.polimec.org/learn/tokenomics](https://hub.polimec.org/learn/tokenomics)
Market Cap: [https://www.coingecko.com/en/coins/polimec](https://www.coingecko.com/en/coins/polimec)
 
**APP** → [https://app.polimec.org/](https://app.polimec.org/)
**Knowledge Hub** → [https://hub.polimec.org/](https://hub.polimec.org/)
**Website** → [https://www.polimec.org/](https://www.polimec.org/)
 
Let me know, should you have any questions.
 
Our community is eager to get hydrated and so are we. Let's dive into the Omnipool!
 
Cheers…☕
 
Flavio


- 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