Hello Pendulum Community,
We would like to get your feedback about making the PEN token available on HydraDX's Omnipool. After opening a HRMP channel with HydraDX, the Pendulum treasury could supply PEN tokens to the Omnipool, enabling single-sided liquidity providers to earn fee rebates and potentially additional rewards.
For the initial seed liquidity, the HydraDX team recommends adding at least $100k worth of PEN, to ensure enough liquidity for the community. We've already seen positive murmurs across socials regarding this opportunity and would like to formally open the floor for discussion here. Your feedback is invaluable as we explore this exciting avenue.
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Hello Pendulum Community,
We would like to get your feedback about making the PEN token available on HydraDX's Omnipool. By leveraging the integration of the HRMP channel with HydraDX, we want to enable the PEN token to provide liquidity for selected assets while receiving additional rewards on top of transaction fees. 
For the initial seed liquidity, the HydraDX team recommends adding at least $100k worth of PEN, to ensure enough liquidity for the community. We've already seen positive murmurs across socials regarding this opportunity and would like to formally open the floor for discussion here. Your feedback is invaluable as we explore this exciting avenue.
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PEN token with Hydradx Omnipool

Hello Pendulum Community,
We would like to get your feedback about making the PEN token available on HydraDX's Omnipool. By leveraging the integration of the HRMP channel with HydraDX, we want to enable the PEN token to provide liquidity for selected assets while receiving additional rewards on top of transaction fees. These rewards can be in the form of paid HDX or any other supported asset in the HydraDX ecosystem.
For the initial seed liquidity, the HydraDX team recommends adding at least $100k worth of PEN, to ensure enough liquidity for the community. We've already seen positive murmurs across socials regarding this opportunity and would like to formally open the floor for discussion here. Your feedback is invaluable as we explore this exciting avenue.
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Hello Pendulum Community,
We would like to get your feedback about integrating our native PEN token with Hydradx Omnipool. By leveraging the integration of the HRMP channel with HydraDx, we want to enable the PEN token to provide liquidity for selected assets while receiving additional rewards on top of transaction fees. These rewards can be in the form of paid HDX or any other supported asset in the HydraDX ecosystem.
To improve the liquidity of our native PEN token, we would considering making a deposit of $100k worth of PEN into the Omnipool. We've already seen positive murmurs across socials regarding this opportunity and would like to formally open the floor for discussion here. Your feedback is invaluable as we explore this exciting avenue.

Problem Statement:
- How can the Pendulum treasury make the PEN token available on HydraDX's Omnipool to enable single-sided liquidity providers to earn fee rebates and additional rewards?

Significance:
- Opening the PEN token on HydraDX's Omnipool would provide an opportunity for the Pendulum community to earn fee rebates and potentially additional rewards.
- The initial seed liquidity of at least $100k worth of PEN would ensure sufficient liquidity for the community.

Proposed Solution:
- Open a HRMP channel with HydraDX to supply PEN tokens to the Omnipool.

Expected Outcomes:
- Single-sided liquidity providers can earn fee rebates and potentially additional rewards.
- Increased liquidity and participation in the Pendulum community.

#1 PEN token with Hydradx Omnipool

No Active Proposals