Say hello to a new era of DeFi on Polkadot 💦 The Polkadot Community has voted to significantly enhance the DeFi experience in the ecosystem, and will allocate 2M DOT from the treasury to a leading liquidity protocol: @hydration_net Everything you need to know about the Hydration Campaign 👇 Hydration aims to simplify and make DeFi accessible by integrating swaps, lending, and a stablecoin currency within a single, scalable appchain 🔄 OpenGov referendum #560 & #561 allocate the 2M DOT to fuel the Hydration liquidity protocol: 🔹 1M DOT to fund liquidity mining (LM) incentives for users providing liquidity in the Omnipool, Hydration's flagship AMM. 🔹 1M DOT used for liquidity in the Omnipool. The DOT is used in a decentralized and non-custodial manner, with the funds remaining under the control of the Polkadot Protocol and OpenGov. 👌 Ease of Use The campaign supports a variety of assets including DOT, USDC, USDT, iBTC, and over eight other Polkadot ecosystem assets. Don't have any? Use the Cross Chain UI to easily move liquidity from Ethereum onto Hydration with just 1-click 🔀 Plus, single-sided liquidity provisioning allows participants to enter the Omnipool with just one asset ✅ 🦊 Wallet & Gas Flexibility No need for a specific Polkadot wallet... Hydration supports popular wallets like Metamask and Ledger. And gas can be paid in any asset! 👉 Follow @hydration_net to learn more 👈