Full support to our Hydra frens proposals ! 🗳
Full support 🫶🏼 to HydraDX which has recently submitted 2 proposals to Polkadot OpenGov!
These proposals are aiming to attract new liquidity to the Polkadot ecosystem and boost its major assets 🌊
Voting phase is now open on Polkassembly 🗳
1/ Polkadot Hydration: Treasury LP 🏛
https://polkadot.subsquare.io/referenda/560
2/ Polkadot Hydration: Liquidity Incentives💧
https://polkadot.subsquare.io/referenda/561
| Asset(s) | Target TVL | Target APR (DOT) | DOT Incentives Cost | Target APR (HDX) | Combined APR | | --------------------- | --------------- | -------------------- | ----------------------- | -------------------- | ---------------- | | USDT/ USDC 2-Pool | $28,000,000 | 10.0% | 330,091 | 5.0% | 15.0% | | iBTC/ WBTC 2-Pool | $5,500,000 | 15.0% | 97,259 | 5.0% | 20.0% | | DOT | $8,000,000 | 19.0% | 179,192 | 7.0% | 26.0% | | vDOT | $6,250,000 | 7.0% | 51,577 | 5.5% | 12.50% | | CFG | $2,750,000 | 20.0% | 64,839 | 5.5% | 25.5% | | ASTR | $2,750,000 | 20.0% | 64,839 | 5.5% | 25.5% | | GLMR | $2,750,000 | 20.0% | 64,839 | 5.5% | 25.5% | | INTR | $1,250,000 | 20.0% | 29,472 | 5.5% | 25.5% | | BNC | $1,250,000 | 20.0% | 29,472 | 5.5% | 25.5% | | PHA | $750,000 | 20.0% | 17,683 | 5.5% | 25.5% | | ZTG | $500,000 | 20.0% | 11,789 | 5.5% | 25.5% | | CRU | $1,250,000 | 20.0% | 29,472 | 5.5% | 25.5% | | KILT | $1,250,000 | 20.0% | 29,472 | 5.5% | 25.5% | | Total | $62,250,000 | 1,000,000 | | | |
An example of how rewards can be distributed over 12 months, based on $8.49 DOT and $0.026 HDX EMA30 prices.
Learn more about their global liquidity strategy. ⤵️