According to Techub News, Decrypt reported that Hydration, a DeFi project in the Polkadot ecosystem, said it had received 2 million DOT tokens (about $14.4 million) from the Polkadot treasury. The funds will be used specifically to enhance the liquidity and transaction efficiency of Omnipool, Hydration's unilateral liquidity supply platform.
1 million DOTs will be spent within a year to attract new liquidity into the Polkadot ecosystem, and the initial rewards for liquidity providers (LPs) will exceed the 200% APY mark. Thanks to the unilateral LP design of Hydration Omnopool, users will start to receive rewards after providing a single asset and joining the incentive farm. The incentive assets include native stablecoins, DOT, BTC, and multiple ecosystem tokens.
The remaining 1 million DOTs will be injected directly into the Hydration Omnipool itself, with the goal of supporting the creation of a robust, accessible native liquidity layer.
