Golden Finance reported that Hydration, a DeFi project in the Polkadot ecosystem, announced that it has received 2 million DOT tokens (equivalent to $14.4 million) from the Polkadot Treasury. This funding will be specifically used to enhance the liquidity and transaction efficiency of Hydration's unilateral liquidity supply platform, Omnipool.
It is reported that 1 million DOT will be spent within a year to attract new liquidity into the Polkadot ecosystem, with initial rewards for Liquidity Providers (LPs) exceeding 200% APY. Thanks to the unilateral LP design of Hydration Omnopool, users will start receiving rewards after providing a single asset and joining the incentive farm. Incentive assets include native stablecoins, DOT, BTC, and various ecosystem tokens.
In addition, the remaining 1 million DOT will be directly injected into the Hydration Omnipool itself, with the aim of supporting the creation of a powerful and accessible native liquidity layer.