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HOPR Genesis DAOHOPR Genesis DAOby0x5055DefaCe85f86112E31A2b9694E1F0e9e239610x5055…3961

Community presale on xDAI + LBP + Uniswap liquidity mining (Final)

Voting ended almost 5 years agoSucceeded

This proposal is for distributing the 85m HOPR tokens to both existing members and also to new members as follows:

25m HOPR community whiltelisted (whitelist is the Genesis DAO) presale on xDAI token price $0.1: The HOPR Genesis DAO currently has about 3000 members so that would make about 8333 HOPR per person (~833$). If the cap does not get reached within 24h, there will be additional round with max individual cap 3000 HOPR tokens per wallet. In this way the DAO could raise up to 1.25m DAI which is a good starting capital for LBP.

55m HOPR Balancer LBP on main net: This is open for anyone in Hopr Community, does not require any KYC and starts a price finding of secondary market. The proceeds from the presale start the LBP. Starting price should be at least $0.3 and then fall from there over 72h similar to PERP (if people buy, the price might also go higher).

5m liquidity mining on Uniswap: Distributed over 3 months, this incentivizes liquidity providers to not just dump their tokens but actually keep liquidity on Uniswap.

None of these processes require KYC, all preserves the privacy of the HOPR community and allows for a fair distribution. That should serve everyone in the community.

Off-Chain Vote

For
4 33.3%
Against
8 66.7%
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Timeline

Feb 11, 2021Proposal created
Feb 11, 2021Proposal vote started
Feb 23, 2021Proposal vote ended
Oct 26, 2023Proposal updated