{"data":{"proposalCid":"QmSrhguNi2uSULvcNrbgApUoK6NiF7vV8RYvRRLBP2eq8s","choices":["Aye"],"remark":"We have known the Hydration team for years. They’ve been building since the early days of Polkadot with commitment, even though it was not the TOP3 project at the very beginning. Pushing forward, delivering. Their UX is one of the best in DeFi, as well as the innovative & unique features. Their governance has one of the highest participation rates, if not the highest in the Polkadot ecosystem. But the proposal itself lacks data, projections, ROI scenarios, and more info/clarity about HOLLAR stablecoin launch. This is essential to know for such a large requested amount. Also, there are almost no responses from the Hydration team in the discussion. We want to see more. We want to believe this can become THE Polkadot success story. Something that brings new users from other ecosystems, new investments & real momentum. And maybe it can. But before we give the green light, we need answers and a bit more time. For now, we are abstaining with our vote, but can reconsider later on, based on additional data/feedback.\n\n\nEDIT: Hydration is one of Polkadot's rare success stories, if not the biggest one at the moment. They started small, with no big VC backing, literally a bunch of nerds. Now it's the rollup with the most traction in the ecosystem.\n\nThe recent launch of GIGADOT hasn't just helped Hydration, it's also helped other parachains like Bifrost, which has seen increasing TVL and DOT staking activity via vDOT, recently surpassing 10M liquid staked DOT. These knock-on effects are real.\n\nWe want Polkadot to be a winner and this could be it. But we also want to be cautious with capital and management confidence, so let's keep the discussion going.\n\nWe believe these incentives are exactly what the Polkadot ecosystem needs right now. Unlike a lot of Treasury spending, which produces vague or theoretical results, previous incentive campaigns have helped increase TVL and the user base.\n\nPolkadot Treasury is designed for initiatives like this. Whether you look at DeFiLlama or user flows, Polkadot is completely missing from the big leagues. Supporting Hydration with this proposal may be our best shot to fix that right now. That's why we voted AYE on this.\n","voterNetwork":"polkadot","version":"4","timestamp":1747170312},"address":"12s6UMSSfE2bNxtYrJc6eeuZ7UxQnRpUzaAh1gPQrGNFnE8h","signature":"0x30b24f5d0f40f58669b22c87ea7691f76335919a5e663259e85485cfa9ccfa180a2e0d9de438c1dad532993b8889b89bc0df2e15bf592c7b6cc74bec66edda84","version":"2"}