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Hector NetworkHector Networkby0xb747402F55A04c33728267241fE97fe82a739D88hectordao.eth

TIP-028 - $2,000,000 DCA investment from treasury into $BTC, $ETH and $FTM

Voting ended almost 4 years agoSucceeded

We believe additional investments in established projects at current market conditions will help to further grow our treasury. Diversity minimises the risk and makes growth possible.

We are monitoring the current market conditions very carefully to find a good entry to DCA in the projects mentioned below. The investments will not be done immediately and not all at once, to minimise the risks of a loss.

We propose to invest in:

$1,000,000 into $BTC $500,000 into $ETH $500,000 into $FTM

After TIP-028 ends, we will withdraw $2,000,000 from the Treasury to a secondary wallet and will perform the investment in the following days. (We'll analyse the target project chart to find the best moment to jump in, make multiple smaller transactions instead of a single transaction).

Off-Chain Vote

Yes
47.09K HEC89.8%
No
5.33K HEC10.2%
Download mobile app to vote

Timeline

May 09, 2022Proposal created
May 09, 2022Proposal vote started
May 10, 2022Proposal vote ended
Oct 26, 2023Proposal updated