Following on from referendum #316 (https://hydration.subsquare.io/referenda/316) - this proposal, if approved, will:
- activate
6 months' (end date 2026-10-15) of PRIME incentives through Supply & Borrow for:
- transfer all available assets from the Supply & Borrow Treasury to the main Hydration Treasury (approximately
$69K worth)
HUSDe & HUSDS will no longer be incentivised - due to very low volumes & therefore significantly lower arbitrage activity than expected, as well as a need to reduce overall costs of incentivisation and focus on fewer, more important products.
Next week there will be additional referenda activating some DCAs from these Supply & Borrow Treasury assets & available liquid DOT balances into tBTC, GETH, GSOL, PAXG & PRIME for incentives. There will also be a referendum to activate the new farms with those assets by the time that the current farms come to their conclusion.