On April 29, the HydraDX treasury passed an important proposal on April 29 to cross-chain DOT worth about 7 million US dollars from the HydraDX treasury to Bifrost to participate in liquidity pledges, and then use DOT LST to generate revenue for the HydraDX treasury.
The on-chain proposal was voted and successfully executed, marking the decentralized governance and cross-chain composability of the Polkadot ecosystem Appchain. Currently, Bifrost is the largest liquidity pledge Appchain on Polkadot, providing Polkadot with a liquidity pledge of 9.65 million DOTs, with a market value of about 66 million.
HydraDX treasury offers $7 million DOT liquidity pledge to Bifrost
2024-04-29 08:12:10
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
HydraDX财库为Bifrost提供700万美元的DOT流动性质押Next article：
X平台出现无法加载与搜索问题
