I actually woke up this morning thinking what we really needed to level up was a dog based shitcoin. The chatgpt landing page and retained admin rights only sweetened the deal. 

[@Wally Wallet](7PAFrd9B6Q7nyrMigRydV1Svakqo9B31Awa9tKkcRYQgnV7R-hydradx) Hey, too bad that you are not a fan of this community-driven project. Hydration was selected as a blockchain for this project, because I am deeply rooted in the Polkadot ecosystem for years and wanted to start something fun to be a part of some development (in my realm of possibilities). 

I am not a web dev, the "chatgpt" landing page - you criticise - is a handcrafted website I build myself in Canva. No AI involved, just me spending time putting together something I like to share with the community.

As described in this referendum and discussion admin rights are revoked. There is a UI issue of the status on Hydration since a couple of months. Before that the status indicator was correctly stating "revoked" with yes. For your interest it is easy to be verified onchain: [The admin rights for WIFD have been revoked / burned since the beginning of this memecoin project, nearly a year ago.](https://assethub-polkadot.subscan.io/extrinsic/6179634-2) The pure proxy was killed with all rights on 2024-05-03. Proxy account ID was 15UYP3XxPk8oY89LvQJTbnSMeUj92d7sT8Sw8ejWYVr1xXX6:

If you lookup WIFD with TokenID 17 on Asset Hub:

TokenID: 17
TokenSymbol: WIFD
assets.asset: Option
{

owner: 15UYP3XxPk8oY89LvQJTbnSMeUj92d7sT8Sw8ejWYVr1xXX6

issuer: 15UYP3XxPk8oY89LvQJTbnSMeUj92d7sT8Sw8ejWYVr1xXX6

admin: 15UYP3XxPk8oY89LvQJTbnSMeUj92d7sT8Sw8ejWYVr1xXX6

freezer: 15UYP3XxPk8oY89LvQJTbnSMeUj92d7sT8Sw8ejWYVr1xXX6

supply: 10,000,000,000,000,000,000
deposit: 2,019,000,000
minBalance: 1
isSufficient: false
accounts: 292
sufficients: 0
approvals: 0
status: Live
}

[The issue with the wrongly displayed admin right status was reported as an issue in the Hydration github for asset metadata updates.](https://github.com/galacticcouncil/intergalactic-asset-metadata/issues/155) This not change the fact that the admin rights are burned, which can be transparent checked onchain.

Cheers, dogwifdots dev

In my dream, all tokens are traded on Hydration. H2O serves as the index for the entire cryptocurrency. The rise and fall of some currencies do not affect our HDX value capture.

If this is the team behind Hawk Tuah coin you can use your money to buy enough HDX to vote yourselves in. Otherwise your token doesn't add value to HDX.

[@7PAU...Zqrk](7PAU47SuWQwTBwdLi42m1RyCKAvfSPhf5MaYqGExtKzoZqrk-hydradx) Sorry this is not the Hawk Tuah team nor Haliey Welch here... Just a Hydration / Polkadot ecosystem community for many years that wanted to start a fun community project on Hydration, which is the parachain I really love and hereby selected for this project. Please consider supporting grass-root community projects like dogwifdots. With this referendum we are not asking for any funds... we are simply asking to enable e.g. the DCA function for WIFD and for the same status WUD received.

Every user that get attracted from e.g. Ethereum or Solana starting to trade on Hydration to obtain WIFD, is a clear value add to HDX. Also consider meme- / community-coins often as entry for many to crypto and a blockchain project. We are here for that and support users with the onboarding. We created trainings videos on how-to create wallets on Hydration (Nova, Talisman), how-to cross-chain tokens and how-to trade / swap tokens on Hydration.

Please consider this in you evaluation.

[@7Jpu...333s](7JpuBF7Zcv9TjWrMVEu6u83KAfkWHc2K8qa237PHXvYx333s-hydradx) 

There's one team with hundreds of mllions of dollars making all of the meme coins. You're going to have to differentiate yourself from all of the scam meme coins first before I'll vote you in.

I believe that registering a sufficient asset should require demonstrated traction and ecosystem engagement. Without proper engagement or requirements, we could create a precedent where registration is possible to anyone that just asks. This asset is not ready yet.

I will not endorse any meme coin because I believe they exploit the uninformed. 

That said, I like the governance participation, and I don't see any major exploit or concern with making this coin sufficient at this level of existential deposit. If they start flooding our storage with many accounts that should be removed because they only contain 1 WIFD and are inactive, I'll propose that we change the status again. 

Then we get another referendum and more action points. 

I've done what's possible on my end for this ridiculous dog coin to stay out of Hydration.
Let's keep building this protocol in a useful, nice and serious way.

Not all the coins can be eligible to join the Omni pool, for that any risk or rubbish coins would be risky to the whole pool, so pls don’t launch such useless coins any more.

[@7Ncn...aAaT](7Ncn2umxqsBym8whkPJ5Ve9iL1aP6agHnVUPKgE5WirTaAaT-hydradx) 

Just to be clear, this isn't meant to join the Omnipool.

It's simply to allow that asset (wifd in this case) to exist on the chain, without the need for other assets in the wallet.

Lets not risk the omnipool with memecoin for now. The concept of omnipool still in early stage. My opinion is the memecoin should be avoided in omnipool for at least 2 bear cycle to understand the behavior of it before we fully capable to make any wise prediction of the potential risk of memecoin in omnipool. Lesson learn from Terra Luna .

**Woof - dear Hydration community**,

This proposal is to make WIFD meme coin by dog wif dots as a sufficient asset on Hydration, and set the sufficient balance to 1 WIFD.

I already created a discussion to set the foundation for this proposal to make dogwifdots (WIFD) a sufficent asset on Hydration: [https://hydration.subsquare.io/posts/231](https://hydration.subsquare.io/posts/231).

Setting WIFD as a sufficient asset on Hydration will allow the community driven project and its members to enable further growth. One important enabler will be volume, which the DCA feature on Hydration can provide (e.g. volume is needed in order to get listed on coingecko). Furthermore, we are working on a game and are planning further use cases like a "dog wif dots Hydration lottery", which weekly rewards HDX stakers and liquidity providers in the WIFD/DOT pool. Early draft version of the "dot paper" for the dog wif dots Hydration lottery already available and soon to be shared. Hydration is a place of dog frens and WIFD's homebase; this step will underpin this.

Beyond that, as an early memecoin on Hydration, we:
A) Burned Admin Rights
The admin rights for WIFD have been revoked since the beginning of this memecoin project, nearly a year ago.
The pure proxy was killed with all rights on 2024-05-03. Proxy account ID was 15UYP3XxPk8oY89LvQJTbnSMeUj92d7sT8Sw8ejWYVr1xXX6:
https://assethub-polkadot.subscan.io/extrinsic/6179634-2

B) Burned LP Token
Also the DOT/WIFD LP has been burned. A pure proxy was created at the beginning of the project, funded with the LP, and has been killed immediately after.

For more details about the dogwifdots project please see:
[dogweb](https://dogwifdots.site/)
[dog on X](https://x.com/dogwifdots)
[telegram](https://hydration.subsquare.io/posts/t.me/WIFD_dogwifdots)

![Make WIFD sufficient.png](https://subsquare.infura-ipfs.io/ipfs/QmaxBsgpC9hHBKrfDynFK4rAmXCyr7Zb9a9TTFpeet7d3d)

- A proposal to make WIFD (dog wif dots) a sufficient asset on Hydration  
- WIFD is a community-driven meme coin  
- Helps with growth, like getting listed on CoinGecko  
- Plans include a game and a lottery for HDX stakers  
- Admin rights and LP tokens were burned for transparency  
- WIFD has been around for almost a year  
- Links to more info: website, X (Twitter), Telegram  
- Hydration is seen as WIFD's homebase

assetId

name

assetType

existentialDeposit

xcmRateLimit

isSufficient

symbol

decimals

location

Rejected

Submitted

DecisionStarted

DecisionDepositPlaced

general_admin

Making dogwifdots (WIFD) a sufficient asset on Hydration

root

whitelisted_caller

referendum_canceller

referendum_killer

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.