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HOPR Genesis DAOHOPR Genesis DAOby0x7f4eDb8FCa00Cd0E8B02CDcf46cd0be76ce4C7730x7f4e…C773

Community presale on xDAI + LBP + Uniswap liquidity mining V2

Voting ended almost 5 years agoSucceeded

First of all, I want to say that I strongly against the proposal of "20m presale / 59 mln LBP / 6mln liquidity mining" provided nearby.

In this case we get 1mln from presale and put them in LBP with 59mln HOPR tokens that will make initial price of $0.15 and the final price $0.0073. That is way lower then suggested presale price.

You can check the calculation here: https://docs.google.com/spreadsheets/d/1t1eC3sfszjgBCi4Ma11-YFVn9kWRfvxGYL4rYzR6sIY/edit?usp=sharing

Instead of 20/59/6 allocation. I suggest to allocate more tokens to participants in testnet and less for LBP to get the following:

55 mln for presale for early participants 25 mln for LBP 9 mln for liquidity on Uniswap

In this case price will start from $0.36 and ends on $0.017 if we put $1mln from the other side

https://docs.google.com/spreadsheets/d/1mLcXNK6I0WwA-pz3IKJM6eycwrET8yrqQzaTQHTfcVc/edit?usp=sharing

Off-Chain Vote

Support
334 90%
Reject
37 10%
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Timeline

Feb 09, 2021Proposal created
Feb 09, 2021Proposal vote started
Feb 10, 2021Proposal vote ended
Oct 26, 2023Proposal updated