TLDR; what is GIGADOT? 🤨 GIGADOT ( $GDOT ) is a new token from @hydration_net that combines yield from FOUR sources into a single product, tackling several liquidity challenges and user demands at once - making use of our all-in-one DeFi stack that is only possible on Polkadot ⭕️ Specifically what is it? GIGADOT is the sharetoken of a new type of stablepool between aDOT & vDOT, with a "drifting peg" based on the fair value ratio of DOT/vDOT from Bifrost (this is received via XCM) - these sharetokens are automatically deposited into Hydration's Supply & Borrow - so if you were to use the same naming standards as other features on Hydration, GDOT would be known as a2-Pool-aDOT-vDOT I'm sure you'll agree that GIGADOT is far more based 😎 🔸vDOT is the yield-bearing DOT LST from Bifrost 🔸aDOT is the rebasing token users receive when supplying DOT to Supply & Borrow What problems does it solve? This product was designed in order to address the following needs of Hydration & Polkadot more broadly: 🔸insufficient vDOT liquidity to responsibly scale vDOT lending on Supply & Borrow 🔸insufficient DOT availability in Supply & Borrow to allow for vDOT-DOT yield looping 🔸lack of high-T tokens in Polkadot eco 🔸having to decide between staking DOT, lending it, borrowing against it, farming with it 🔸need BIG BULLISH collateral ready for HOLLAR 🔸need for strong ecosystem collateral for wider opportunities outside of Hydration 👀 What are the sources of yield? GIGADOT combines yield from: 🔸staking yield from vDOT 🔸lending yield from aDOT 🔸trading fees between vDOT & aDOT 🔸additional incentives (paid in GDOT) Why isn't it in the Omnipool? Because it doesn't need to be! Due to the unique architecture of Hydration and our implementation of Supply & Borrow AS AN ADDITIONAL AMM - our trade router simply diverts through Omnipool, stablepools, isolated pools & now the supply & borrow AMM! Example 1, swapping DOT for GDOT 🔀DOT > supply as collateral to Supply & Borrow and receive aDOT > deposit aDOT into aDOT/vDOT stablepool > deposit stablepool shares into Supply & Borrow Example 2, swapping USDT for vDOT 🔀USDT > deposit USDT into USDT/USDC 2-Pool > swap USDT/USDC 2-Pool shares for DOT (Omnipool) > supply as collateral to Supply & Borrow and receive aDOT > swap aDOT for vDOT (stablepool) ---- What else would you like to know about GIGADOT? 🤔