I turned in two breeding deeds from breeding two Acid Snakes. Three things I noticed:
1) I received "a snake baby" instead of "an acid snake baby"
2) The parents both have 2000 dex and the babies have 250. Not sure if the parents' dex was a glitch or not, but you would think the stats would at least be the same. The 2000 stamina remained the same on the babies, since the parents have he same, but the dex dropped.
3) None of the stats increased. All remained the same or lower on the babies.