https://polkadot.subsquare.io/referenda/1555

Volmex Labs has proposed integrating their leading volatility indices, BVIV and EVIV, with Hydration, a Polkadot-native decentralized perpetual futures exchange. This integration aims to enhance Polkadot's DeFi capabilities and strengthen its ecosystem. The project involves smart contract development, platform-specific adaptations, advanced liquidity management, and security audits. The budget for this three-year initiative is $425,000 USDC, covering initial integration, maintenance, legal compliance, and market campaigns. The timeline spans nine months for the initial rollout and three years for continuous upgrades and expansions. The team's expertise includes top-tier talent from traditional finance, crypto quant groups, and software powerhouses. Performance metrics and success criteria include technical metrics, adoption metrics, and a risk management framework. Future developments include the rollout of Prime Rate Indices, Factor ETF Indices, and ongoing Volmex indices methodology enhancements.