https://polkadot.subsquare.io/referenda/1542

A request has been made to allocate 5 million DOT (Polkadot's native cryptocurrency) for DeFi incentives on Hydration, a platform that supports liquidity for Polkadot. The incentives will be distributed over 12 months and are divided into three parts: 2 million DOT for stablecoin incentives, 2 million DOT for liquidity provider (LP) incentives, and 1 million DOT to mint GIGADOT. The goal of these incentives is to attract users, improve liquidity, and strengthen Polkadot's position in the competitive DeFi market. This proposal builds on the success of a previous Hydration liquidity campaign that started in June 2024. The full proposal can be read here.