DAO Liquidation Oversight Committee

Dear hector community,

During the last few days and weeks, significant developments have taken place. While we still struggle to make sense of it all, our options have become limited with the recent shutdown of the social channels. The DAO has been sidelined once again. In another critical phase of this projects' rich history the team has failed to deliver on the transparancy they promised and the assurances they would give to the community now that the project has gone into liquidation.

While we voted in the latest HIP for liquidation, we have had no say in the way this liquidation will be done, how long it will take, what costs will be made and more importantly, who will execute and oversee the process. With the shutdown of the socials and the self appointed liquidation committee it is clear that any input from us investors is deemed unwanted or unnecassary. It has become anyones guess what the future holds for us as nobody in charge wants to talk and those formerly in charge resigned and refer to their NDA.

Nevertheless, I believe its important to voice the concerns we are having, this lack of transparency and cutting off the communication with investors is unacceptable. We can not sit by and trust the team that they will do the investors right, behind close doors, given their track record and especially not considering the stakes at play.

We therefore call to vote on the creation and installment of an Oversight Committee: a committee of community/DAO members who will be granted access to the documents and information involved with the liquidation of the Hector Network. These community members will oversee the proceedings and represent the concerns of the tokenholders. They will serve as liasons back to the community and have the power to bring issues back to tokenholders for a referrendum vote should any serious disagreements arise with the liquidation committee. The liquidation committee (team + sparring) will have an open communication channel with the DAO Oversight Committee and should respond promptly on any information requests by the DAO liquidation committee.

Without this committee, we as investors will have no voice in the liquidation process. We will lack representation at the table, someone to advocate for our interests. Despite being the governing body of the Hector DAO and its subsidiaries, we have been silenced and need to take action to ensure our concerns are heard.

---

Candidates for this committee had over 48H to announce themselves on the Hector Community Discord. You'll vote on the 3 candidates you want to take place in this committee as proposed above.