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Hydro Whales DAO Hydro Whales DAO by0x6d29230ab81E873ff56653eD1D85066F6FCea0db0x6d29…a0db

Crypto Pod Allocation Vote

Voting ended almost 2 years agoSucceeded

Decision regarding how much control the Crypto & Ops pod will have over the approximately $45,000 budget and any future allocations for the crypto pod budgets.

Option 1: Full Autonomy to Crypto Pod over their budget. This option gives the Crypto Pod complete control over the allocated budget, with only a weekly or monthly vote on asset allocation for that budget, such as 20% for RWA and 20% for DePin, depending on what is trending that period. They have the authority to invest, sell, or hold tokens based on their expertise and market insights without needing community approval for each specific transaction or token. This method facilitates rapid decision-making, allowing the Crypto Pod to quickly seize market opportunities and potentially enhance profitability. However, it requires a level of trust in the Crypto Pod's expertise and decision-making abilities, as the community will have less direct say over individual transactions.

Option 2: Community Approval for every transaction. This option demands community approval for every action—buying, selling, or holding a token long-term, with each action needing a vote. It reflects the DAO's collective community involvement, but it may lead to slower responses to market changes, impacting investment timing and efficiency, as each of these votes will be open for at least 24 hours.

Off-Chain Vote

Full Autonomy to Crypto Pod
773 VOTE87.5%
Vote Approving every transaction
110 VOTE12.5%
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Timeline

Apr 02, 2024Proposal created
Apr 02, 2024Proposal vote started
Apr 04, 2024Proposal vote ended
Apr 04, 2024Proposal updated