Seed initial Snowbridge WETH from POL

Ended 2mos ago

closed

Description

Hydration DAO currently has 309.15 WETH (Moonbeam Wormhole) sitting in the Treasury [7L53bUTBopuwFt3mKUfmkzgGLayYa1Yvn1hAg9v5UMrQzTfh] that is not being utilised as liquidity in the Omnipool.

I am proposing that we convert this to WETH (Snowbridge) using our OTC Trader with a 0.25% premium, and subsequently add that liquidity to the Omnipool to activate trading of Snowbridge WETH for the Polkadot ecosystem.

Omnipool listing will form a separate proposal, this discussion and poll are simply wrt converting the MRL WETH to snowbridge WETH using our OTC trader.

This discussion & poll will last for two days, ending around 12PM BST on Friday 19th July.

Optionssingle

Votes·13

7Lji...LBMN

7Ljigfve9PdRqvSjiRGUjVf37rbX3n89ZmaitD2hQQhtLBMN

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 234.37K HDX

I think lolmcshizz is very wise in making this proposal, I support it with my bags. Well done. P.S. you should get a raise and are also the most attractive person I have seen in crypto.

7NxD...9P7S

7NxDemJMWyzWxSZ6fBohYZ7cD5NnR3MVbEjaJPUHVbab9P7S

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 10.01K HDX

7MN4...NqGS

7MN4G7gYAJyGAq65PAAy24egt36moqn2NojeRRu8HHLoNqGS

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 1.28M HDX

I heard that boi lolmcshizz is thiccc. He'll keep you and your lady Hydrated.

7Hsq...p9Ha

7Hsq5RH9xUtPWFZMGXtoVWNd4CEjpJWsidf7bcGwNwdxp9Ha

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 464.65K HDX

7LmU...E8s8

7LmUwdvTbiBFzC57MFcZBS7QRu6LuL9ZHQzJxWQRWS6hE8s8

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 82.51K HDX

gud

7Mm5...omaP

7Mm5MrjELZ6NpZXJC3E63pnBAiLPxr5SqdhvFvRWeZMbomaP

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 47.13 HDX

ofc!!!!!

7KGg...kgXA

7KGg8iN5vYoczPhWsF4wxyLU1QdQJWZyvBHPL9NpFd4ykgXA

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 1.24M HDX

7L1j...F6TM

7L1jebaeGNykbey5gZhZCD4PLVLtjPm5RKpKXRYV4NXsF6TM

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 7.51M HDX

7JnY...GPx4

7JnYpNam4duM3JPEkNRVkiv2e39UpGJCgSCkwxYsFZRNGPx4

No, do not convert

# 2

≈ 844.19 HDX

Eth price set to go to the moon

7J44...FjfB

7J44S3oFMw8UEoaTciaLm7nVWEVVEf4g1TCT8U5gisbCFjfB

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 6.33M HDX

all web3 requires hydration, ofc native eth ,so look forward to native btc

7KpJ...4H5H

7KpJUmQTxJfw8Hg5autn2oHvaj8v5QP2KyCFE8S2SZU84H5H

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 32.66K HDX

Amen !! Can't wait for vETH and wstETH to use Yield DCA :)

7KHD...LaRK

7KHDJzxfFHZ2FqwpHzRHxZDgKxfHwLhwRFinar4yAAq5LaRK

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 1.85K HDX

7LYq...rG1R

7LYqpGzgNi4JbLTaAZ9s3bcTY6hH7PUk3mXWbSjuSSesrG1R

Yes, convert the WETH (Moonbeam Wormhole) to WETH (Snowbridge)

# 1

≈ 82.12K HDX

Discussions·2

7L1j...F6TM

2mos ago

Is there any incentive for us to do so, except the good cause?

7KHD...LaRK

2mos ago

Perdonen que hable en Español, así no se me mal interpreta en inglés.

creo que la una de las bases de Polkadot es ser interoperable. De hecho hacia ello se ha a trabajado arduamente estos años. Y más ahora que están disponibles los puentes. Si lo que se pretende es traer usuarios de Etherum con capital, por ahora me centraré en Defi; creo que hydration reúne todo lo que se necesita en ta Dapp Defi,( a falta de las mejoras que estan por implementarse).
En mi opinión si tendría que incentivar "Eth" igual que se ha incentivado a BTC.
de que el usuario que venga , se quede dependerá de cada uno, unos solo vendrán por las recompensas, pero más de uno se quedará a probar más las demás parachain.