Deciding

root

[Root] Register TRAC and NEURO, Accept Open HRMP Channel Neuroweb

- This proposal does two main things: mints remaining HDX to the Treasury and increases HDX liquidity.  
- It mints leftover HDX from Growth and Collator Rewards to the Treasury.  
- The total HDX supply will be nearly 6.5 billion after minting.  
- HDX liquidity is very low, so the plan is to add more gradually.  
- Over 13 weeks, the Treasury will add HDX to liquidity pools 39 times.  
- This will add about 155 million HDX to improve trading.  
- The goal is to make HDX liquidity equal to 5% of Omnipool liquidity.  
- This helps HDX be used as collateral and improves market confidence.

Add Growth pot to Treasury & increase HDX liquidity

- The plan is to remove iBTC from the Omnipool.  
- Only withdrawals will be allowed at first.  
- Then, all iBTC will be frozen and removed.  
- The Treasury will send iBTC to a special wallet to swap it for tBTC.  
- The tBTC will be returned to the Treasury later.  
- This is happening because iBTC has low trading and too much reliance on one provider.  
- Hydration has supported iBTC for a long time but now needs to exit.

Preparing

Remove iBTC from Omnipool

- There was a problem, so we need to vote "NAY" on the old idea.  
- A new vote will happen soon.  
- The idea is to add TRAC to the Omnipool.  
- TRAC is a type of digital money.  
- The Omnipool helps people trade it easily.  
- Some TRAC will be added to the pool for trading.  
- After adding, the pool shares will be sent back.  
- This was discussed and people liked it before.

omnipool_admin

[VOTE NAY] Request TC to whitelist the listing of TRAC in the Omnipool

- People liked the idea to add TRAC to the Omnipool.  
- If approved, TRAC will be listed in the Omnipool.  
- The team will add TRAC liquidity to the pool.  
- The LP positions will be sent back to the original sender.  
- There was a mistake in an earlier vote.  
- Please vote "Nay" on the wrong vote.  
- Vote "Aye" on this one instead.

Executed

(NEW) Request TC to whitelist the listing of TRAC in the Omnipool

- Proposal to whitelist GIGAETH-related referenda  
- GIGAETH launch involves adding it to Omnipool  
- Will allow trading of ETH, wstETH, and GIGAETH  
- ETH can be used as collateral and borrowed  
- GIGAETH can be used as collateral  
- GIGAETH farm will start in Omnipool  
- Testing in progress  
- Expected launch date: June 30th

Request TC to whitelist GIGAETH launch

whitelisted_caller

Patch runtime to v38.1.3

- A request to whitelist proposals for the GIGAHydration campaign.  
- Funds from Polkadot referendum #1542 will arrive on June 26th.  
- Plans include returning 3,000,000 DOT and withdrawing 2,000,000 DOT to the Hydration Treasury.  
- Minting 2,000,000 DOT worth of vDOT and converting it to GIGADOT.  
- The campaign aims to start on June 27th.  
- First farms will run for 3 months with a BOOST POT for extra rewards.  
- HDX holders will vote on boosted reward farms.  
- A draft shows how 2,000,000 DOT will be distributed over 6 months.

Request TC to whitelist GIGAHydration campaign refs

Transfer DOT staking rewards

economic_parameters

Double vDOT supply cap 

- Swap 10,000 H2O for HDX in small trades  
- Each trade swaps 2.222 H2O every 44 blocks  
- Slippage limit set at 1.5%  
- Maximum 9 retries if trades fail  
- Expected to finish in about 11 days  
- More HDX is needed for future uses like liquidity and rewards  
- Similar to an earlier successful proposal but adjusted for faster block times

treasurer

HDX buyback with Treasury H2O - Tranche 6

- **Request**: DIA asks for a retroactive payment for oracle services provided to Hydration.  
- **Approved Cost**: $3,762.50 per month in HDX (HydraDX tokens).  
- **Payment Calculation**: Uses a 7-day average (EMA) of HDX price before payment.  
- **Total for 6 Months**: $22,575, which equals 2,052,272 HDX.  
- **Funding Address**: Payments should go to **7JZoWtVL2Ka6PRm8Nw4zUczSPHMpeSFxsid7YxzkdtSBiPcV**.  
- **Future Adjustments**: DIA is open to more frequent payment requests if needed.  
- **Support**: DIA is happy to continue helping Hydration and its community.

spender

Tip Request for DIA Oracle Services on Hydration

Add LINK & SKY liquidity

- A proposal asks for $2.5M from Hydration Treasury to fund development.  
- The money will support the IGL team for 12 months.  
- Some people wanted a bigger budget to work faster, but this keeps things the same for now.  
- A new discussion will explore using extra funds to speed up progress.  
- The funds include:  
  - $1.94M in 2-Pool shares  
  - $309K in sUSDe  
  - $250K in sUSDS  
- The money will go to a secure IGL wallet.

Hydrating the Funding Gap - Maingaining

tipper

Short-lived Dwellir dedicated RPC node

- Polkadot is voting on a plan called "GIGAHydration Campaign."  
- They want to use 5 million DOT to help grow DeFi (money apps) on Polkadot.  
- After listening to feedback, they will give back 3 million DOT to the Polkadot Treasury.  
- The remaining 2 million DOT will be used over 6 months to support Hydration and other projects.  
- This helps Polkadot’s money apps grow in a smart and fair way.  
- Hydration DAO promises to follow this plan if the vote passes.  
- The vote will end in about 5 days.

On-chain remark: Polkadot GIGAHydration Campaign

Final top-up for Polkadot Hydration farms

Reimburse DIA oracles gas top-up

Upgrade runtime to v38

- Swap leftover vDOT to DOT in about 1 hour  
- Send 101,300 DOT to Polkadot for staking  
- Already have 38,664 DOT ready  
- Increase staked DOT to 540,000 total  
- Boost voting power to 6x (3,240,000 votes)  
- Support the GIGAHydration campaign  
- Shows strong commitment to Polkadot

Stake more DOT & increase conviction

- Changes will make more USDT and USDC available for borrowing  
- Lower optimal utilization from 85% to 65%  
- Base interest rate increases from 0% to 2%  
- Supply cap raised from 2.2 million to 3.2 million  
- Borrow cap raised from 1.1 million to 1.6 million  
- Helps pool grow when HOLLAR is introduced

Prepare USDT & USDC borrowing pools for HOLLAR

- A bug was found where someone could destroy their staking NFT and make new ones, affecting rewards for others.  
- This doesn't let the attacker gain anything but lowers rewards for honest users.  
- Some rewards might not be claimable right now.  
- The problem can be fixed later by adjusting settings.  
- It's considered a medium-level issue.  
- The suggested reward is $5,000 in HDX tokens.  
- A fix has been made and shared in a GitHub link.

Medium level Immunefi report "staking rewards locking"

- A website called Galactic Council had a problem.  
- A special tool called GraphQL let people send fake messages.  
- The messages could trick users, but no one used it for bad things.  
- The website owners fixed the problem before it caused trouble.  
- They decided to give a $1000 reward to the person who found the issue.  
- The reward will be paid in a digital currency called HDX.

Immunefi report - misconfigured SQL endpoint vulnerable to injection

- A report showed a trick in XYK pools where owners could manipulate prices.  
- Attackers create small pools and wait for big investors to add money.  
- They change prices quickly before the investor can act.  
- This trick can steal value but is risky for attackers.  
- It’s like a "pump and dump" scam—high risk for users.  
- Hydration fixed the issue to protect users.  
- The hacker got a $5,000 reward for finding the problem.  
- A new safety feature was added to stop these attacks.

Medium level Immunefi report "XYK add liquidity limits"

referendum_canceller

referendum_killer

general_admin

OpenGov Referenda

Origin able to dispatch a whitelisted call.

 Origin for spending very high amounts of HDX(<= 50M HDX) from the treasury as well as generally administering it.

Origin able to spend up to 2,222,222 HDX from the treasury at once.

Origin able to spend up to 50K HDX from the treasury at once.

Origin able to perform specific Omnipool-related actions.

OpenGov Referenda

Referenda Tracks