It will soon be possible to bridge TEER to Asset Hub Polkadot and other Polkadot parachains. Therefore, we'd like to explore opportunities and have started a discussion over at Hydration to list the TEER in their Omnipool: <a href="https://hydradx.subsquare.io/posts/219">https://hydradx.subsquare.io/posts/219</a>
The TEER community should now decide how much TEER liquidity should be provided initially to the Omnipool and where these funds should come from. The Integritee team suggests the following options and will put them up for voting after granting a few days to discuss the suggestions here.
For context, we'd like to remind our community that Integritee Network still has 1'750'000 TEER allocated for crowdloan rewards which are no longer meaningful as crowdloans have been replaced with coretime auctions. The network will still need funds to pay for coretime, but the team's current expectation is that the reserved amounts are a lot more than enough for the forseeable future. Therefore, a fraction of these funds could be repurposed and this discussion shall be a first suggestion how to use these funds to the benefit of Integritee Network.
We need to consider that Hydration's decision whether to list TEER in the Omnipool will partially depend on the initial liquidity which will be provided. All our listed suggestions will put the TEER in good company with respect to other parachain tokens. Obviously, the DEX will be more attractive for trading TEER the more liquidity is provided, lowering slippage.
On the other hand, risks need to be considered:
<ul>
<li>The Omnipool is an innovative design targeting capital efficiency. With innovation comes risk. Systemic or implementation flaws could lead to losses</li>
<li>Other listed tokens can indirectly influence TEER pool liquidity via the hub token H2O. Impermanent Loss can become permanent due to H2O imbalance mechanisms alone: <a href="https://docs.hydration.net/products/trading/liquidity/impermanent_loss#h2o-imbalance-mechanisms">https://docs.hydration.net/products/trading/liquidity/impermanent_loss#h2o-imbalance-mechanisms</a></li>
<li>The liquidity provided to Omnipool will be entrusted to the Hydration parachain and its governance. This comes with technical and political risks</li>
</ul>
Proposal Choices
Do you support listing TEER on Hydration Omnipool and initializing the TEER Liquidity with
<ol>
<li>100'000 USD worth of TEER (<a href="../referendum/42">Ref 42</a>)</li>
<li>200'000 USD worth of TEER (<a href="../referendum/43">Ref 43</a>)</li>
<li>400'000 USD worth of TEER (<a href="../referendum/44">Ref 44</a>)</li>
</ol>
from the deprecated crowdloan pot?
Links:
<ul>
<li>Omnipool design: <a href="https://docs.hydration.net/products/trading/pools/omnipool/omnipool_design">https://docs.hydration.net/products/trading/pools/omnipool/omnipool_design</a></li>
<li>Basics on automated market makers: <a href="https://theammbook.org/">https://theammbook.org/</a></li>
<li>Live data for Omnipool liquidity: <a href="https://app.hydration.net/liquidity/omnipool-stablepools.">https://app.hydration.net/liquidity/omnipool-stablepools.</a></li>
</ul>
&nbsp;
&nbsp;

It will soon be possible to bridge TEER to Asset Hub Polkadot and other Polkadot parachains. Therefore, we'd like to explore opportunities and have started a discussion over at Hydration to list the TEER in their Omnipool: <a href="https://hydradx.subsquare.io/posts/219">https://hydradx.subsquare.io/posts/219</a>
The TEER community should now decide how much TEER liquidity should be provided initially to the Omnipool and where these funds should come from. The Integritee team suggests the following options and will put them up for voting after granting a few days to discuss the suggestions here.
For context, we'd like to remind our community that Integritee Network still has 1'750'000 TEER allocated for crowdloan rewards which are no longer meaningful as crowdloans have been replaced with coretime auctions. The network will still need funds to pay for coretime, but the team's current expectation is that the reserved amounts are a lot more than enough for the forseeable future. Therefore, a fraction of these funds could be repurposed and this discussion shall be a first suggestion how to use these funds to the benefit of Integritee Network.
We need to consider that Hydration's decision whether to list TEER in the Omnipool will partially depend on the initial liquidity which will be provided. All our listed suggestions will put the TEER in good company with respect to other parachain tokens. Obviously, the DEX will be more attractive for trading TEER the more liquidity is provided, lowering slippage.
On the other hand, risks need to be considered:
<ul>
<li>The Omnipool is an innovative design targeting capital efficiency. With innovation comes risk. Systemic or implementation flaws could lead to losses</li>
<li>Other listed tokens can indirectly influence TEER pool liquidity via the hub token H2O. Impermanent Loss can become permanent due to H2O imbalance mechanisms alone: <a href="https://docs.hydration.net/products/trading/liquidity/impermanent_loss#h2o-imbalance-mechanisms">https://docs.hydration.net/products/trading/liquidity/impermanent_loss#h2o-imbalance-mechanisms</a></li>
<li>The liquidity provided to Omnipool will be entrusted to the Hydration parachain and its governance. This comes with technical and political risks</li>
</ul>
Proposal drafts
Do you support listing TEER on Hydration Omnipool and initializing the TEER Liquidity with
<ol>
<li>100'000 USD worth of TEER</li>
<li>200'000 USD worth of TEER</li>
<li>400'000 USD worth of TEER</li>
</ol>
from the deprecated crowdloan pot?
Links:
<ul>
<li>Omnipool design: <a href="https://docs.hydration.net/products/trading/pools/omnipool/omnipool_design">https://docs.hydration.net/products/trading/pools/omnipool/omnipool_design</a></li>
<li>Basics on automated market makers: <a href="https://theammbook.org/">https://theammbook.org/</a></li>
<li>Live data for Omnipool liquidity: <a href="https://app.hydration.net/liquidity/omnipool-stablepools.">https://app.hydration.net/liquidity/omnipool-stablepools.</a></li>
</ul>
&nbsp;
&nbsp;

List TEER token on Hydration Omnipool? Defining initial liquidity.

It will soon be possible to bridge TEER to Asset Hub Polkadot and other Polkadot parachains. Therefore, we'd like to explore opportunities and have started a discussion over at Hydration to list the TEER in their Omnipool: <a href="https://hydradx.subsquare.io/posts/219">https://hydradx.subsquare.io/posts/219</a>
The TEER community should now decide how much TEER liquidity should be provided initially to the Omnipool and where these funds should come from. The Integritee team suggests the following options and will put them up for voting after granting a few days to discuss the suggestions here.
For context, we'd like to remind our community that Integritee Network still has 1'750'000 TEER allocated for crowdloan rewards which are no longer meaningful as crowdloans have been replaced with coretime auctions. The network will still need funds to pay for coretime, but the team's current expectation is that the reserved amounts are a lot more than enough for the forseeable future. Therefore, a fraction of these funds could be repurposed and this discussion shall be a first suggestion how to use these funds to the benefit of Integritee Network.
We need to consider that Hydration's decision whether to list TEER in the Omnipool will partially depend on the initial liquidity which will be provided. All our listed suggestions will put the TEER in good company with respect to other parachain tokens. Obviously, the DEX will be more attractive for trading TEER the more liquidity is provided, lowering slippage.
On the other hand, risks need to be considered:
<ul>
<li>The Omnipool is an innovative design targeting capital efficiency. With innovation comes risk. Systemic or implementation flaws could lead to losses</li>
<li>Other listed tokens can indirectly influence TEER pool liquidity via the hub token H2O. Impermanent Loss can become permanent due to H2O imbalance mechanisms alone: <a href="https://docs.hydration.net/products/trading/liquidity/impermanent_loss#h2o-imbalance-mechanisms">https://docs.hydration.net/products/trading/liquidity/impermanent_loss#h2o-imbalance-mechanisms</a></li>
<li>The liquidity provided to Omnipool will be entrusted to the Hydration parachain and its governance. This comes with technical and political risks</li>
</ul>
Proposal drafts
Do you support listing TEER on Hydration Omnipool and initializing the TEER Liquidity with
<ol>
<li>100'000 USD worth of TEER</li>
<li>200'000 USD worth of TEER</li>
<li>400'000 USD worth of TEER</li>
</ol>
from the crowdloan pot?
Links:
<ul>
<li>Omnipool design: <a href="https://docs.hydration.net/products/trading/pools/omnipool/omnipool_design">https://docs.hydration.net/products/trading/pools/omnipool/omnipool_design</a></li>
<li>Basics on automated market makers: <a href="https://theammbook.org/">https://theammbook.org/</a></li>
<li>Live data for Omnipool liquidity: <a href="https://app.hydration.net/liquidity/omnipool-stablepools.">https://app.hydration.net/liquidity/omnipool-stablepools.</a></li>
</ul>
&nbsp;
&nbsp;

It will soon be possible to bridge TEER to Asset Hub Polkadot and other Polkadot parachains. Therefore, we'd like to explore opportunities and have started a discussion over at Hydration to list the TEER in their Omnipool: <a href="https://hydradx.subsquare.io/posts/219">https://hydradx.subsquare.io/posts/219</a>
The TEER community should now decide how much TEER liquidity should be provided initially to the Omnipool and where these funds should come from. The Integritee team suggests the following options and will put them up for voting after granting a few days to discuss the suggestions here.
For context, we'd like to remind our community that Integritee Network still has 1'750'000 TEER allocated for crowdloan rewards which are no longer meaningful as crowdloans have been replaced with coretime auctions. The network will still need funds to pay for coretime, but the team's current expectation is that the reserved amounts are a lot more than enough for the forseeable future. Therefore, a fraction of these funds could be repurposed and this discussion shall be a first suggestion how to use these funds to the benefit of Integritee Network.
We need to consider that Hydration's decision whether to list TEER in the Omnipool will partially depend on the initial liquidity which will be provided. All our listed suggestions will put the TEER in good company with respect to other parachain tokens. Obviously, the DEX will be more attractive for trading TEER the more liquidity is provided, lowering slippage.
On the other hand, risks need to be considered:
<ul>
<li>The Omnipool is an innovative design targeting capital efficiency. With innovation comes risk. Systemic or implementation flaws could lead to losses</li>
<li>Other listed tokens can indirectly influence TEER pool liquidity via the hub token H2O. Impermanent Loss can become permanent due to H2O imbalance mechanisms alone: <a href="https://docs.hydration.net/products/trading/liquidity/impermanent_loss#h2o-imbalance-mechanisms">https://docs.hydration.net/products/trading/liquidity/impermanent_loss#h2o-imbalance-mechanisms</a></li>
<li>The liquidity provided to Omnipool will be entrusted to the Hydration parachain and its governance. This comes with technical and political risks</li>
</ul>
Proposal drafts
Do you support initializing the Hydration Omnipool TEER Liquidity with
<ol>
<li>100'000 USD worth of TEER</li>
<li>200'000 USD worth of TEER</li>
<li>400'000 USD worth of TEER</li>
</ol>
from the crowdloan pot?
Links:
<ul>
<li>Omnipool design: <a href="https://docs.hydration.net/products/trading/pools/omnipool/omnipool_design">https://docs.hydration.net/products/trading/pools/omnipool/omnipool_design</a></li>
<li>Basics on automated market makers: <a href="https://theammbook.org/">https://theammbook.org/</a></li>
<li>Live data for Omnipool liquidity: <a href="https://app.hydration.net/liquidity/omnipool-stablepools.">https://app.hydration.net/liquidity/omnipool-stablepools.</a></li>
</ul>
&nbsp;
&nbsp;

List TEER token on Hydration Omnipool? Defining initial liquidity!

It will soon be possible to bridge TEER to Asset Hub Polkadot and other Polkadot Parachains. Therefore, we have started a discussion over at Hydration to list the TEER in their Omnipool: <a href="https://hydradx.subsquare.io/posts/219">https://hydradx.subsquare.io/posts/219</a>
The TEER community can now decide how much TEER liquidity should be provided initially to the Omnipool and where these funds should come from. The Integritee team suggests the following options and will put them up for voting after granting a few days to discuss the suggestions here.
For context, we'd like to remind our community that Integritee Network still has 1.75M TEER allocated for crowdloan rewards which are no longer meaningful as crowdloans have been replaced with coretime auctions. The network will still need funds to pay for coretime, but the team's current expectation is that the reserved amounts are more than enough for the forseeable future. Therefore, a fraction of these funds could be repurposed and this discussion shall be a first suggestion how to use these funds to the benefit of Integritee Network.
We need to consider that Hydration's decision whether to list TEER in the Omnipool will partially depend on the initial liquidity which will be provided. All our listed suggestions will put the TEER in good company with respect to other parachain tokens. Obviously, the DEX will be more attractive for trading TEER the more liquidity is provided, lowering slippage.
On the other hand, risks need to be considered:
<ul>
<li>The Omnipool is an innovative design targeting capital efficiency. With innovation comes risk. Systemic or implementation flaws could lead to losses</li>
<li>Other listed tokens can indirectly influence TEER pool liquidity via the hub token H2O. Impermanent Loss can become permanent due to H2O imbalance mechanisms alone: <a href="https://docs.hydration.net/products/trading/liquidity/impermanent_loss#h2o-imbalance-mechanisms">https://docs.hydration.net/products/trading/liquidity/impermanent_loss#h2o-imbalance-mechanisms</a></li>
<li>The liquidity provided to Omnipool will be entrusted to the Hydration parachain and its governance. This comes with technical and political risks</li>
</ul>
Proposal drafts
Initialize Omnipool TEER Liquidity with
<ol>
<li>100'000 USD worth of TEER</li>
<li>200'000 USD worth of TEER</li>
<li>400'000 USD worth of TEER</li>
</ol>
from the crowdloan p.
Links:
<ul>
<li>Omnipool design: <a href="https://docs.hydration.net/products/trading/pools/omnipool/omnipool_design">https://docs.hydration.net/products/trading/pools/omnipool/omnipool_design</a></li>
<li>Basics on automated market makers: <a href="https://theammbook.org/">https://theammbook.org/</a></li>
<li>Live data for Omnipool liquidity: <a href="https://app.hydration.net/liquidity/omnipool-stablepools.">https://app.hydration.net/liquidity/omnipool-stablepools.</a></li>
</ul>
&nbsp;
&nbsp;

- **Problem Statement:** The TEER community needs to decide on the initial liquidity to provide to the Hydration Omnipool and where the funds should come from.
- **Significance:** The decision will impact the attractiveness of trading TEER, with higher liquidity reducing slippage, but risks such as systemic flaws and impermanent loss need to be considered.
- **Proposed Solution:** Options include providing 100'000 USD, 200'000 USD, or 400'000 USD worth of TEER from the deprecated crowdloan pot to initialize TEER liquidity in the Omnipool.
- **Expected Outcomes:** Increased trading attractiveness for TEER, potential risks due to innovation and governance of the Hydration parachain.

#8 List TEER token on Hydration Omnipool? Defining initial liquidity.

No Active Proposals