Polkadot DeFi Singularity

Can Bifrost please share:

• Daily active users
• Monthly active users
• Daily Site visitors
• Monthly site visitors

Hi guys. Thanks for the proposal. Can you please share statistics of Hyperbridge since launch?

@Lurpis
Thank you for your detailed answer. Appreciate this. Thanks.

However, the posted information just highlighted even more than the requested 4,000,000$ (NOW - could be even more with DOT price pump) for the platform with 1,9K MONTHLY Active wallets

https://tokenterminal.com/explorer/projects/bifrostio?v=NzQwNjZlOTYyY2VhYTAxMjY0NDliYjk3

Sounds like a big nay on my side. However, I`m pretty sure that the deal was already agreed on under the "table".
So, no worries. My Nay will not impact the result of this proposal.

Hi @ImdioR , I would like to clarify that there have been no "under the table" deals. Our discussion was posted last year with rave reviews. I personally have discussed this with the community through my numerous tweets on the subject with nothing but positive feedback. Even more so, a member of the hyperbridge and Polkadot community took it upon themselves to seed a DOT/ETH pool on base, the same day hyperbridge launched.

In concert with the ongoing KAITO leaderboard campaign, this could see a lot of new users enter the polkadot ecosystem through hyperbridge. The proposal is split up into 4 tranches allowing the community to terminate the programme at any time they feel like it isn't working. This proposal is nothing but positive for the polkadot ecosystem and I fail to see how the daily active users prevents bifrost from unlocking this major opportunity.

What would be the official communication channels where we will get updates on the work in progress and upcoming activations?

Hi @SIM-DOT, while I couldn't find any publicly available incentive structures for the SOL-ETH pool on Ethereum, We can observe some metrics about the pool onchain. By volume, it places number 13 in top uni v3 pools on ethereum. (Source)

Secondly looking at wormholescan.io, we can see that in the past 90 days there's been half a billion dollars in transfers of the SOL token between Ethereum and Solana. Enabling both on/offramping into the SOL ecosystem.

I'd say this serves as one of the most successful cases for for liquidity provisioning in external ecosystems.

Dear Proposer,

Thank you for your proposal. Our first vote on this proposal is NAY.

The Big Spender track requires 60% quorum according to our voting policy. This proposal has received four aye and three nay votes from ten members, with three members abstaining. Below is a summary of our members' comments:

In the recent referendum, opinions varied among voters regarding the proposed initiative. Some expressed support, highlighting the potential benefits of increasing awareness and liquidity within the DeFi sector, while others raised concerns about the sustainability of the ecosystem and the role of the treasury in providing liquidity. A few voters felt uncertain about the timing and execution of the proposal, suggesting a more cautious approach. Overall, the discussion reflected a mix of enthusiasm and skepticism about the initiative's implementation and long-term impact.

The full discussion can be found in our internal voting.

Kind regards,
Permanence DAO

As a Senior Polkadot Ambassador and advocate for ecosystem growth, I’ve voted AYA for this liquidity campaign proposal because it directly addresses a critical pain point: Polkadot’s lagging liquidity and limited on-chain accessibility.

So when is this happening? Shouldn't the first tranche be already received? Why wasn't it the case?