- **Goal**: Boost HDX staking rewards for 6 months  
- **Amount**: 51,131,191 HDX  
- **How**:  
  - 12,163.73 HDX sent every hour  
  - Happens 4,368 times (6 months)  
- **Source**: 50% of Treasury’s HDX from buybacks  
- **Effect**: Adds 5-6% more APR to staking rewards

Deciding

root

HDX staking Treasury boost H2 2025

- Swap 10,000 H2O for HDX in small trades  
- Each trade swaps 2.222 H2O every 44 blocks  
- Uses 1.5% slippage limit and allows 9 retries  
- Will last about 14 days  
- Keeps buybacks going after Tranche 7 ends  
- Funds will be used for liquidity and rewards  
- Treasury has 19,360 H2O, more coming later  
- Tranche 9 and another proposal are planned next

treasurer

HDX buyback with Treasury H2O - Tranche 8

- KILT and CFG tokens are being moved to new systems.  
- Trading and adding them to Omnipool has stopped.  
- A proposal wants to remove these tokens from Omnipool.  
- The tokens will be returned to users' accounts.  
- The process will happen in 37 steps.  
- It will take about 40 blocks to finish.  
- More details can be found in a linked tweet and discussion.

Remove KILT & CFG from Omnipool

- SQD will be registered on Hydration with asset ID 37.  
- It comes from Binance Smart Chain (BSC) using Moonbeam.  
- Over 60% of all SQD trading happens here.  
- This helps trade between BSC and Hydration.  
- A follow-up vote will let SQD join the Omnipool.  
- Liquidity will be added and LP tokens sent back.

Executed

general_admin

Register SQD & approve for Omnipool listing

- The wstETH/ETH oracle isn't working well right now  
- A temporary fix is suggested until a better system is ready  
- The fix involves using a governed fair-value oracle  
- The proposal includes two main changes:  
  1. Setting a new price for the oracle  
  2. Updating where the price information comes from  
- These changes will help balance the GETH pool  
- The final solution will get price data directly from Ethereum  
- The proposal can't be read properly until a small update happens first

whitelisted_caller

Use fair-value as wstETH oracle

Upgrade runtime to 39.1

- A big problem was found in Hydration's money system on June 18, 2025  
- Hackers could have stolen up to $22 million, but no one did  
- The team fixed the problem in just 7 hours  
- They paused one pool to keep money safe  
- A secret update was made to stop the problem  
- The person who found the bug gets $500,000 reward  
- Half in stablecoins, half in special HDX coins that unlock slowly  
- The team is making changes to prevent future problems

Immunefi report - Exploiting aToken liquidity addition in stableswap

- A proposal to withdraw 3,445 Treasury LP worth ~$732,000 (218 WETH & 9,064 H2O).  
- Future plans include swapping WETH to ETH via an OTC deal.  
- Creating a WETH/ETH pool for easy swaps without high fees.  
- Users can switch between WETH and ETH without leaving Hydration.  
- WETH (MRL) will stay as an on/off-ramp option.  
- Later steps include withdrawing remaining WETH LP from the Treasury.  
- WETH will be removed from the Omnipool.

Withdraw 1x WETH LP

referendum_canceller

REF 115 IS CANCELLED

Increase GIGAETH supply cap

Cancelled

- **Name:** Vlady  
- **Role:** Community leader for Russian-speaking members  
- **Since:** 2020 (HydraDX & Basilisk)  
- **Work:** Manages Telegram group, hosts live streams  
- **Team:** Works with Jonh Menthan  
- **Hours:** 7 hours/week (140 hours total)  
- **Payment:** $20/hour (269,749 HDX total)  
- **Links:** Previous work and community group

spender

Vlady Limes Community Management Tip Request [February - June 2025]

- John is a community manager for Hydration Ru.  
- He helps with updates, announcements, and answering questions.  
- He has been part of Hydration since the beginning.  
- He shares news and videos about Hydration on social media.  
- He spends 1-2 hours daily managing the community.  
- He worked for 5 months (February to June).  
- He is requesting 385,356 HDX for his work.  
- He believes Hydration is important for Polkadot.

JOHNM Community Management Tip Request [February - June 2025]

Transfer iBTC for exchanging to tBTC

- A new project called GIGAETH is being proposed.  
- It will register new assets like GIGAETH, aETH, and 2-Pool-GETH.  
- ETH and GIGAETH will be added as collateral for borrowing.  
- A special stableswap pool will be created for aETH and wstETH.  
- The Omnipool will manage and trade these assets.  
- GETH will be added to the Omnipool with a set price.  
- Rewards (GDOT) will be given to users who participate.  
- The proposal needs a software update to work fully.

Launch GIGAETH

- New version v39.0.0 is being proposed  
- Adds support for GIGAETH and HOLLAR features  
- Includes stability module for HOLLAR  
- Adds money market oracle for GIGAETH  
- Fixes some bugs in the system  
- Some storage improvements  
- More HOLLAR features like liquidations  
- Full details in release notes link

Authorize runtime release v39.0.0

- A new stablecoin pool called "3-Pool" is proposed.  
- It includes aUSDT, USDT (snowbridge), and USDC (snowbridge).  
- The pool helps swap Ethereum stablecoins on Hydration.  
- It sets up the pool with specific settings (A: 222, fee: 0.02%).  
- Liquidity is added with amounts for each stablecoin.  
- aUSDT: 333,200  
- USDT (snowbridge): 333,377  
- USDC (snowbridge): 330,010

Launch 3-Pool

- A plan to swap 10,000 H2O for HDX in small amounts over 14 days.  
- Each trade swaps 2.222 H2O every 44 blocks.  
- Limits slippage to 1.5% and allows 9 retries.  
- Similar to a previous successful swap (Tranche 6).  
- The HDX bought will be used for future needs like liquidity and rewards.  
- The treasury has 16,351 H2O left for more swaps.  
- Another swap (Tranche 8) is planned after this one.  
- Encourages everyone to "Stay Hydrated."

HDX buyback with Treasury H2O - Tranche 7

- A new Polkadot rewards campaign is starting for 3 months.  
- Many tokens like DOT, USDC, and tBTC can earn up to 69% rewards.  
- More GIGADOT tokens will be moved and added to rewards.  
- Some token limits are being increased for better rewards.  
- The campaign helps grow the Polkadot ecosystem.

LAUNCH GIGAHYDRATION

- Gives 3 million DOT back to Polkadot Treasury  
- Sends 2 million DOT to Hydration Treasury  
- Creates 2 million vDOT (a special DOT version)  
- Uses some vDOT to buy GIGADOT over 6 hours  
- Uses the rest to buy GIGADOT over 2 months  
- All money is kept safe in a special account until needed

GIGAMINT

- 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.

Remove iBTC from Omnipool

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

- 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.

omnipool_admin

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

TimedOut

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

- 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

referendum_killer

tipper

economic_parameters

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