Sentret, I love the newest iteration. To me it seems like a perfect fit for the stat spread. My only question, I suppose, is this: What is your ability justification? Is it a dried-out frog? I know there was some discussion about the ability applying to moist creatures in that they need water applied to their skin in order to absorb water, hence the absorption effect.
The problem with this, as I see it, is that it would be akin to giving a Pokémon made primarily of scalding water the ability "Flame Body". Yes, hot water has a chance to burn, but although it fits the ability's effect quite well, the name of the ability runs absolutely counter to the characteristics of the organism. Unless we're talking, as I mentioned, about a dried-out frog, its skin is not in fact dry at all, but rather very moist. Unless I have my frog characteristics wrong, which is quite possible.
It's not a big problem and I'm sure you can find some justification for it, but I'm curious what your justification is simply because I see your design as really, really nice and I want to better understand the backstory behind it.