HIP - 1.7.1: The Road Ahead

Abstract

This proposal aims to propose and enhance clarity surrounding new investor rounds of the HFD token within the Hodl Finance DAO. It focuses on transparency, accessibility, comprehensive insights into the capital raising process, collaborations with partners, and the project's roadmap. The ultimate goal is to propose an investment round to create a successful and sustainable ecosystem.

Introduction

As a DAO, Hodl Finance upholds the principles of transparency and open decision-making. This proposal explains and proposes the capital raising procedure, specifically exploring collaborations with Ventures and Investment partners. It aims to provide a proposed timeline, launch plan, and pricing structure of HFD.

Proposal

By engaging in discussions with tier 1 parties, including Exchanges, Ventures, DAOs, and Ambassadors, the goal is to secure initial funding for the Trading Treasury from these parties, marking the launch of the ecosystem.

Dedicated efforts by the Core Contributors have revolved around investor discussions to optimize fundraising for the ecosystem. Upon the approval of this proposal, deals will be formulated and presented to these investors, with the first round of funding expected to be available for initiating the trading engine.

In consideration of Ambassadors and early participants, the Core Contributors have designed a special deal incorporating lock-up periods within the Bonding Treasury. The initial bonding sale price (1-year lock-up) for Exchanges, Ventures, DAOs, and Ambassadors is proposed to be set at $0.03, with the option to lock up for 5 years in the Bonding Treasury at a price of $0.0189, subject to approval through this vote. The investment rounds shall be sold through the Bonding contract, ensuring complete transparency as they are recorded on the Blockchain. The investment round will sell a maximum of 20% of the Bonding Treasury supply. The remaining 20% will be reserved for post-launch purposes, offering participants a discount of 5-40% on the market price.

It is important to note that the funding will solely be utilized for the Trading Treasury and not for operations. The Core Contributors will possess full discretion to determine the investors and set maximum lot sizes per investor without proposals. Furthermore, the Core Contributors are permitted to engage advisors and ambassadors, whose contributions will be utilized for the marketing campaign of Hodl Finance. After the Ventures investments are concluded, the Core Contributors will make a new proposal for the launch of the new token and public raising.

Roadmap

1. Secure funding from early investors to activate the Market Making engine
2. Launch the updated trading section on the dashboard, accompanied by trade reports across social media channels
3. Finalize deals with Ventures, Exchanges, and DAOs
4. Collect funding from other parties, including Ventures, DAOs, and Exchanges
5. New proposal for the launch of the new token

Together, we will build a thriving ecosystem and pave the way for the future of Hodl Finance.