You can read about the Hydrated Strategy here: https://x.com/hydration_net/status/2018990353861230599 and read more information about Decentral specifically here: https://x.com/hydration_net/status/2021991474087288870
This proposal, if approved, will:
- approve
200,000 HOLLAR spend for the Decentral smart contracts
- deposit
200,000 HOLLAR into the Decentral Hydration Pool - 60 day minimum lock-up, 18% APY
The protocol will withdraw this balance in full at the end of the minimum lock-up period, at which point we hope to have the liquid Decentral token already live - and the aim will be to deposit the total sum (including paid interest) into the new product