# Extend Omnipool farms by `3` months at a `10%` lower rate

Following the execution of #423, which extended the Supply & Borrow incentives on HUSDT, HUSDC and GIGADOT to `15` January `2027`, this proposal, if approved, will extend the HOLLAR, tBTC, GETH, GSOL and PAXG Omnipool farms by `3` months at a `10%` lower payout rate, and return part of the Treasury's unclaimed Supply & Borrow rewards to the rewards pot to cover that extension.

With the successful launch of concentrated liquidity pools managed by Gamma-style vaults, the intention is to reduce the reliance on deep Omnipool liquidity and therefore significantly cut the cost of liquidity incentives. This will be aided by the launch of "everything is collateral" - that is, the ability to use your shares from concentrated liquidity pools as collateral in our money market.
In order to do that, we need to continue to monitor those concentrated liquidity pools for some time, before slowly rolling out the oracles and reserve assets required - this could be a huge unlock for Hydration, but it's very important we get it right.

Therefore, I believe that we need to continue to incentivise Omnipool liquidity for at least another 3 months - albeit at a reduced rate, and I would expect us to periodically cut the payout rate down to slowly reduce external Omnipool LPs, without a sudden dramatic withdrawal.

Execution will:

- claim the Treasury's unclaimed Supply & Borrow rewards and return `12,034` PRIME to the Supply & Borrow rewards pot, the amount needed to cover all incentives through `15` January `2027`
- top up the farms with `92` days of rewards at the reduced rate: `57,166.03` HOLLAR, `0.2813` atBTC, `5.4762` GETH, `126.8633` GSOL and `1.9872` aPAXG
- reduce each farm's payout rate by `10%`, after which the farms run for roughly `3` months

Existing farm positions and rewards already earned are not affected.

Preimage hash: `0xb9bf6270d071a7c49a472adb371f113306c0fde81a40436e89300b6b5a9f1048`
Track: Root


# Omnipool Farms Extension Proposal

**What is this?**
This is a plan to keep paying rewards to people who put money into Hydration's Omnipool farms — but with 10% smaller rewards.

**What will happen?**
- Five farms (HOLLAR, tBTC, GETH, GSOL and PAXG) will get 3 more months of rewards.
- The reward rate for each farm will go down by 10%.
- Money from the Treasury's unclaimed rewards will be used to pay for it (12,034 PRIME).
- Rewards people already earned are safe and won't change.

**Why do this?**
- Hydration wants to try new kinds of pools (concentrated liquidity pools) that cost less to reward.
- But first, the team needs time to test them carefully.
- So they keep the old farms going a little longer, paying less each time, so people don't all leave at once.

**How to vote?**
- This is a Root track proposal.
- Preimage hash: `0xb9bf6270d071a7c49a472adb371f113306c0fde81a40436e89300b6b5a9f1048`

calls

Deciding

Submitted

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root

Extend Omnipool farms by 3 months at a 10% lower rate

whitelisted_caller

referendum_canceller

referendum_killer

general_admin

treasurer

spender

tipper

omnipool_admin

economic_parameters

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.