Executed

omnipool_admin

Reduce stableswap fees

- The Hydration collator set started with 21 collators but now has 16.
- Some collators were removed because they were inactive.
- To keep the network strong and fast, three new collators are proposed.
- The new collators are Extracoin, Iceberg Nodes, and The Milkyway Gang.
- These collators have shown they are reliable and quick in the Basilisk network.

general_admin

Restore collator set size - add 3 collators

- This proposal wants to restart a plan to swap H2O for HDX.
- The plan failed before because the fees were too high.
- A new plan (Referendum #22) will make fees go down faster.
- The new swap will use 7,015 H2O.
- It will swap 2.222 H2O every 22 blocks.
- The slippage limit is 1.5%.
- It will try up to 9 times.
- The plan should last about 8 days.

treasurer

HDX buyback with Treasury H2O - Tranche 1.1 (the rebirthening)

- **Hydration Runtime v35.0** is a big update to make trading better and cheaper.
- **Trading fees** are being lowered to make Hydration more competitive.
- **H2O** will be minted to help reduce losses for liquidity providers.
- **Referral fees** are being adjusted to give more rewards to users and stakers.
- **Protocol fees** are changing to help liquidity providers earn more.
- Some fees will be burned, and some will go to the Treasury.
- **Stableswap fees** will be cut in half in a future update.
- Many technical fixes and improvements are included in this update.

root

Runtime release v35.0 - TRADE FEE OVERHAUL

Rejected

Request to retrieve 12,000 USDT mistakenly deposited into Binance

whitelisted_caller

Add tBTC to Omnipool

vote NAY

- A vote is happening about some assets: tBTC, USDT, USDC, wstETH, LINK, SKY, and LDO.
- These assets are on Snowbridge and need to be "touched."
- "Touching" means making sure the assets can be used because there's a limit to how many assets an account can hold.
- The limit is 64, and the account is full, so "touching" helps add more.
- This is done by sending a message from Hydration to Asset Hub.
- It's needed to send these assets to Hydration.
- Code for this is in a special place on GitHub.

"Touch" Snowbridge assets 👀

- Update information for Chainlink (LINK), Sky (SKY), Lido (LDO), and Wrapped Staked ETH (wstETH).
- Add LINK, SKY, LDO, and wstETH as options to pay fees.
- These assets are already registered but need more details added.

Update asset registry for LINK, SKY, LDO & wstETH

Remove inactive collator

- The Treasury got `~55,000` H2O (worth `~$1.75M`) from referendum #10.
- A proposal suggests using Hydration DCA to buy HDX in small steps.
- First step: Swap `10,000` H2O for HDX.
- Each trade: `2.222` H2O every `22` blocks.
- Slippage limit: `1.5%`.
- Max retries: `9`.
- Expected to last `~11` days.
- More steps like this may follow.

HDX buyback with Treasury H2O - Tranche 1

Claim Treasury bonds

Protocol owned BTC liquidity shuffle

Accept & Send HRMP Channel Requests & Register LAOS

Add SOL to Omnipool

- Stops trading of iBTC and WBTC and adding new liquidity.
- Removes the Treasury's iBTC/WBTC position from the Omnipool.
- Removes 29 shares from the stablepool.
- Moves 10 iBTC and 10 WBTC from the Treasury to the Omnipool.
- Starts trading for iBTC and WBTC with a 5% weight cap.
- iBTC starts at $107,141, and WBTC starts at $103,049.
- Prices are based on Hydration when the proposal was made.

Withdraw POL BTC 2-Pool shares & launch iBTC & WBTC trading in Omnipool

Runtime upgrade to v34

- This proposal is about changing how we handle Bitcoin (BTC) products in the Omnipool.
- It wants to stop trading and adding new shares for a specific pool (2-Pool).
- It will remove a specific BTC position (#5690) from the Omnipool and move it to the Treasury.
- It will also take out all BTC shares from the stablepool, based on the current ratio of WBTC and iBTC.
- After that, it will allow trading of WBTC and iBTC directly in the Omnipool at their market prices.
- This needs to happen quickly because waiting too long could change prices and amounts.
- Existing users can still take out their money and leave the farms.

On-chain remark: BTC POL next steps

- A proposal suggests giving `197,084,881` HDX to HDX stakers over 25 weeks.
- This is to celebrate the start of 2025.
- The Treasury has collected this HDX from 8 DCA schedules using DAI, H2O, and iBTC.
- `42,615,220` HDX is already set aside for stakers.
- The remaining `154,469,661` HDX has no specific use yet.
- This could increase the HDX staking APR by about `27.9%`.
- The total HDX staking APR could be over `30%` for about 6 months.

25 weeks of HDX buyback boosted staking rewards

- The proposal updates the asset registry for several cryptocurrencies like tBTC, USDC, USDT, and KSM.
- It removes "Polkadot Asset Hub" from USDC and USDT to avoid confusion.
- Adds new versions of USDC and USDT from Moonbeam wormhole and Snowbridge.
- Makes tBTC, USDC, USDT, and KSM usable for paying fees.
- Changes names to clearly show which assets are native to Polkadot and which are bridged from other systems.

Update asset registry for multiple assets

- A proposal wants to move `54,947` vDOT and `14,552,079` HDX to Polkadot Hydration farms.  
- This will help the farms run for 1 more month.  
- The goal is to give time for changes in liquidity, including new stablepools.  
- The funds come from earlier approved plans and won’t cost extra.  
- Links to past phases (1, 2, 3a) are provided for more details.  
- This will reduce the amount given in phase 4.

1 month Top-up for Polkadot Hydration farms

- Dwellir helps the Hydration community with a public RPC service.
- They handle about 7.2 million requests every day.
- They are asking for $2,595 to cover costs for October, November, and December 2024.
- They improved the service by balancing it between Europe and Southeast Asia.
- The new service URL is hydration-rpc.n.dwellir.com.
- The HDX price used is based on the average over the last 7 days.

spender

Dwellir - Public RPC Endpoint Service Q4 2024

TimedOut

- SubSquare helps manage Hydration, a blockchain project.
- They need money to keep it running smoothly.
- The money will pay for:
  - Checking the system every day.
  - Servers and email services.
  - Updates and fixes.
- They are asking for $8,400, which is 763,636 HDX tokens.

Subsquare maintenance proposal for hydration 2024

- A new asset called vDOT is being added to the borrowing market.
- WBTC users need to improve their account health by 0.1 because its borrowing limits are being reduced.
- vDOT will be part of a special DOT-related category, allowing better borrowing options.
- DOT’s borrowing and supply limits are increasing.
- USDT and USDC are getting small changes to how they are used.
- The proposal includes many technical steps to update the system.
- Smart contracts are already set up to make these changes happen.

Add vDOT to borrowing and adjust risk parameters

referendum_canceller

referendum_killer

tipper

economic_parameters

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