HydraDX treasury offers $7 million DOT liquidity pledge to Bifrost

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.