- The CTO of Intergalactic Ltd and Hydration left his job.
- People who own HDX tokens got worried and started selling them.
- The CTO also sold some of his HDX tokens, which made more people sell.
- Someone offered to buy all the CTO's HDX tokens for $150,000.
- The company agreed to buy them for a little less, $123,000, because some were already sold.
- This will help reduce worry and let everyone focus on moving forward.
- The company has money set aside for buying back HDX tokens.

Executed

treasurer

OTC buyback of 136M HDX

- Hydration has about 1.3 million DOT in different places.
- This plan will use around 350,000 DOT to buy four new assets.
- The money will be split: 30% for atBTC, 30% for GETH, 30% for GSOL, and 10% for aPAXG.
- To do this, they will:
  - Take 14,000 DOT from staking rewards.
  - Move 20,000 aDOT from another treasury.
  - Set up four automatic buying schedules over three weeks, with trades every five minutes.

root

DOT Diversification

economic_parameters

Reduce HOLLAR borrow APR to 4.5%

- **GIGASOL Launch**: Adds SOL and a new token, GIGASOL, for lending and borrowing.
- **SOL Details**: Can be supplied or borrowed with specific limits and rules.
- **GIGASOL Details**: Has its own lending rules and a special ID over 9000.
- **New Pool**: Creates a stable pool with two types of SOL tokens.
- **Farming Changes**: Starts a new farm for GIGASOL and stops the old SOL farm.
- **Treasury Update**: Plans to swap some treasury tokens for GIGASOL over time.

whitelisted_caller

Launch GIGASOL

referendum_canceller

Cancel #280

Cancelled

double submit - Cancelling through #281

- We want to move about $1.1 million in stablecoins to a special wallet with five trusted people.
- This wallet needs at least three of these people to agree to use the money.
- The money will be sent to a company called Sigil for safekeeping.
- A company named Intergalactic Limited will check on the money every three months and tell us how it's doing.
- We can only take the money back from Sigil if HDX holders vote to do so in a special poll.
- Any extra money left over will be sent back to the Hydration Treasury.

Hydrated Strategy - Deploy $1.1M stablecoins to Sigil Stable

DCA 300K DOT -> vDOT -> unstake

- The plan is to take out USDT/C stablepool shares from Omnipool.
- This is part of making HOLLAR the main stablecoin used in Omnipool.
- Earlier steps included stopping some farms and adding HOLLAR to Omnipool.
- Now, all stablecoin trades will go through HOLLAR.
- This helps increase trading volume for HOLLAR.
- It also supports people who provide liquidity for HOLLAR.
- The goal is to make HOLLAR stronger even when the market is tough.

Remove 2-pool shares from Omnipool

Cancel #274

- A new pool will be created with PRIME and HOLLAR tokens.
- You can use PRIME as collateral to borrow money.
- There is a limit on how much PRIME can be supplied.
- There is also a limit on how much HOLLAR can be borrowed.
- To use this, your account must be in "isolated mode."
- This means you cannot have other debts or assets set as collateral.
- You can use a new account or clear your current one first.

Launch PRIME

NAY - cancelling in #276

Security patch v2

Security patch

beneficiary

- **Job:** Managed the community and answered questions.
- **Time:** Worked about 7.5 hours each week for 24 weeks.
- **Tasks:** Helped in chat groups and replied to messages and tickets.
- **Pay:** Earned 332,000 HDX tokens.
- **Value:** At the time, these tokens were worth about $0.0108 each.

spender

Tip treasury - Jose Crypto- (August - January) - Responses via ticket system, Discord and Telegram

general_admin

Whitelist Decentral deployer address

Upgrade runtime to 44

Register EURC (MRL)

- We want to use PRIME as a type of money you can borrow.
- We will set up a special pool for PRIME and HOLLAR.
- We will take some HOLLAR out of two other pools slowly.
- We will buy PRIME with USDT and USDC at a good price.
- After buying, we will make PRIME available for borrowing HOLLAR.
- The borrowing will have safety rules like how much you can borrow.
- We will also create a trading pair for PRIME and HOLLAR.

Create PRIME OTC + prepare for launch

Re-execute #261 with increased maxFeePerGas

Hydrated Dollar

- DIA is asking for payment for their oracle services to Hydration.
- They were approved to get $3,762.50 each month.
- They are asking for 3 months of past service, which totals $11,287.50.
- The community asked to pay in $HOLLAR stablecoin instead of HDX.
- The total payment will be $11,287.50 in HOLLAR.
- The money should be sent to a specific address they provided.
- DIA is happy to keep supporting Hydration.

Tip Request for DIA Oracle Services on Hydration

Withdraw SOL POL LP

Add cl0w to technical committee

- The Treasury wants to change its money from aUSDT and aUSDC to regular USDT and USDC.
- It has about 930,724 aUSDT and 931,538 aUSDC to change.
- This helps get ready for future plans the community is talking about.
- It also helps people who are still providing liquidity earn more interest.

Withdraw POL aUSDT & aUSDC

referendum_killer

tipper

omnipool_admin

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.

OpenGov Referenda

Referenda Tracks