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Hector NetworkHector Networkby0x87AAEA9d4F1adB6f518bFB94f47D711a269B146c0x87AA…146c

HIP-023 $40m investment into new ETH Curve gauge for variable 30% APR

Voting ended about 4 years agoSucceeded

As part of our growth strategy we invest parts of our treasury into yield bearing gauges such as those found on Curve.

We propose to remove $20m from the old 17% curve we are currently using and combine that with another $20m from our treasury to invest a total of $40m into a gauge which varies but can provide around 30% APR.

This will bring in more revenues which can be used for the purposes mentioned in our documentation, AMAs, Roadmaps, etc.

Off-Chain Vote

Yes
70.63K 53.9%
No
60.45K 46.1%
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Timeline

Feb 11, 2022Proposal created
Feb 11, 2022Proposal vote started
Feb 12, 2022Proposal vote ended
Oct 26, 2023Proposal updated