🚨Attention, brothers! The GIGAHydration 200 DOT incentive program is about to launch!
You should all remember that on May 26, Polkadot referendum #1542 approved 5,000,000 DOT to enter the Hydration sub-account!
Currently, Hydration is initiating a proposal requesting the Technical Committee to conduct a whitelist referendum to ensure a seamless connection of GIGAHydration related processes! This proposal specifically includes:
- Hydration returning 3,000,000 DOT to the Polkadot treasury
- Extracting 2,000,000 DOT to the Hydration Treasury
- Minting 2,000,000 DOT equivalent vDOT
- Launching the vDOT→GIGADOT DCA plan
- Deploying the first batch of GIGAHydration Farming
First batch of Farming: Duration 3 months, with a BOOST POT; every 3 weeks, HDX holders will vote to decide the reward acceleration pool.
Funding plan: These 2 million DOT will be injected into liquidity in phases over 6 months.
If the proposal passes and gets the whitelist from the Technical Committee, the GIGAHydration event will officially kick off on June 27!🏄♀️