- This proposal is about changing how we handle Bitcoin (BTC) products in the Omnipool.
- It wants to stop trading and adding new shares for a specific pool (2-Pool).
- It will remove a specific BTC position (#5690) from the Omnipool and move it to the Treasury.
- It will also take out all BTC shares from the stablepool, based on the current ratio of WBTC and iBTC.
- After that, it will allow trading of WBTC and iBTC directly in the Omnipool at their market prices.
- This needs to happen quickly because waiting too long could change prices and amounts.
- Existing users can still take out their money and leave the farms.

Confirming

omnipool_admin

On-chain remark: BTC POL next steps

- A proposal suggests giving `197,084,881` HDX to HDX stakers over 25 weeks.
- This is to celebrate the start of 2025.
- The Treasury has collected this HDX from 8 DCA schedules using DAI, H2O, and iBTC.
- `42,615,220` HDX is already set aside for stakers.
- The remaining `154,469,661` HDX has no specific use yet.
- This could increase the HDX staking APR by about `27.9%`.
- The total HDX staking APR could be over `30%` for about 6 months.

Deciding

root

25 weeks of HDX buyback boosted staking rewards

Executed

whitelisted_caller

Runtime upgrade to v34

- The proposal updates the asset registry for several cryptocurrencies like tBTC, USDC, USDT, and KSM.
- It removes "Polkadot Asset Hub" from USDC and USDT to avoid confusion.
- Adds new versions of USDC and USDT from Moonbeam wormhole and Snowbridge.
- Makes tBTC, USDC, USDT, and KSM usable for paying fees.
- Changes names to clearly show which assets are native to Polkadot and which are bridged from other systems.

general_admin

Update asset registry for multiple assets

- A proposal wants to move `54,947` vDOT and `14,552,079` HDX to Polkadot Hydration farms.  
- This will help the farms run for 1 more month.  
- The goal is to give time for changes in liquidity, including new stablepools.  
- The funds come from earlier approved plans and won’t cost extra.  
- Links to past phases (1, 2, 3a) are provided for more details.  
- This will reduce the amount given in phase 4.

1 month Top-up for Polkadot Hydration farms

- Dwellir helps the Hydration community with a public RPC service.
- They handle about 7.2 million requests every day.
- They are asking for $2,595 to cover costs for October, November, and December 2024.
- They improved the service by balancing it between Europe and Southeast Asia.
- The new service URL is hydration-rpc.n.dwellir.com.
- The HDX price used is based on the average over the last 7 days.

spender

Dwellir - Public RPC Endpoint Service Q4 2024

TimedOut

- SubSquare helps manage Hydration, a blockchain project.
- They need money to keep it running smoothly.
- The money will pay for:
  - Checking the system every day.
  - Servers and email services.
  - Updates and fixes.
- They are asking for $8,400, which is 763,636 HDX tokens.

Subsquare maintenance proposal for hydration 2024

- A new asset called vDOT is being added to the borrowing market.
- WBTC users need to improve their account health by 0.1 because its borrowing limits are being reduced.
- vDOT will be part of a special DOT-related category, allowing better borrowing options.
- DOT’s borrowing and supply limits are increasing.
- USDT and USDC are getting small changes to how they are used.
- The proposal includes many technical steps to update the system.
- Smart contracts are already set up to make these changes happen.

Add vDOT to borrowing and adjust risk parameters

Stay Hydrated

referendum_canceller

referendum_killer

treasurer

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.