• © Goverland Inc. 2026
  • Privacy Policy
  • Terms of Use
Hubble ExchangeHubble Exchangeby0x52cc69984B343Aa1dcff0248dBd83C35566208970x52cc…0897

HP011 - DAO Expansion: Airdropping HSC to Liquidated GMX Traders

Voting ended about 4 years agoSucceeded

This proposal seeks to:

  • Airdrop 1 HSC each to 430 traders liquidated on GMX on Avalanche.

Over the past few months, the markets have been in turmoil over the anticipation of the Fed raising interest rates. This has caused a market correction.

Over 430 unique traders on GMX (Avalanche) have been liquidated since the deployment of GMX on Avalanche, snapshot taken at 10 PM PDT on Tuesday. The proposal suggests onboarding these traders to the Hubble Exchange DAO. These traders have shed blood protecting the future of France and now we must welcome them with open arms.

The Hubble DAO currently only has 1206 unique holders. An airdrop of 430 HSC would be 4.3% of the total supply of HSC. This proposal suggests an expansion of the DAO to invite seasoned avalanche-based perpetual future traders into the Hubble Ecosystem for growing the community.

The potential value proposition to Hubble DAO:

  • Product Feedback on Andromeda from seasoned traders as the exchange nears mainnet launch.
  • Valuable governance input and participation from these traders.
  • Raising awareness for the upcoming trading competition and attracting participants.
  • Trading Volume on Hubble Mainnet if they choose to trade on Hubble.

If this proposal passes, the following addresses will be whitelisted for claiming HSC, and will be able to redeem their HSC through https://spacecats.hubble.exchange upon the passing of the proposal and the formal announcement.

—------------

Thank you to threesigma#7713 for taking the time to carry out the snapshot.

Off-Chain Vote

For
331 66.5%
Against
155 31.1%
Abstain
12 2.4%
Download mobile app to vote

Timeline

Jan 28, 2022Proposal created
Jan 28, 2022Proposal vote started
Jan 30, 2022Proposal vote ended
Oct 26, 2023Proposal updated