{"postId":"opengov:124","kind":"opengov","title":"HDX buyback with Treasury H2O - Tranche 8","body":"Fellow Hydrators\n\nThis proposal, if approved, will create the following DCA schedule:\n* \t\tSwap 10,000 H2O for HDX\n    * \t\t2.222 H2O per trade\n    * \t\tevery 44 blocks\n* \t\t1.5% slippage limit\n* \t\t9 max retries\n* \t\testimated to last for ~14 days\n\nAs Tranche 7 [Referendum #108](/referendum/opengov/108) comes to an end in the coming days this proposal for a tranche 8 will keep the buybacks going. It is identical to the last two tranches (6 & 7). This supply of HDX being brought is needed in the future for reasons like adding liquidity to the omnipool position and staking incentives etc.\n\nRef118 [Referendum #118](/referendum/opengov/118) added another 10,260 H2O meaning we now currently we have 19,360 H2O in the treasury. There is one more WETH position to be removed in the future which will add more. This means at some point there will be a Tranche 9 consisting of 10k H2O and ref187 [Democracy referendum #187](/referendum/democracy/187) still to come. \n\nStay Hydrated :)","bodyFormat":"markdown","tldr":"","labels":[],"linked":[],"author":{"account":{"accountId":"0xc884cfb4aaa082d634dd1490b083e2484eb1ae869dc283bdd232e79076050f23","address":"15Xv2kSCJJ74F7QoraiL24fsyLXz9cR6cfjy4d2zYdWK7j7t","emoji":"🐞","tag":null,"identity":{"display":"dutchiekiwi","verified":true,"email":"","web":"","twitter":""},"profile":null},"legacyName":null},"authority":"subsquare","revision":0,"createdAt":"2025-07-13T06:37:36.000Z","editedAt":null,"lastActivityAt":"2025-07-17T03:31:00.000Z","commentsCount":0,"updatesCount":0,"upvotes":0,"threadKey":"opengov:124","source":{"name":"subsquare","id":"68735460d3d02b83d3965028","cid":null,"removed":false},"bannerCid":null,"banner":null,"poll":null,"locked":false,"media":{},"hidden":false,"generation":"6690c444c3e1fdf2"}