HOPR DAO v0.1: Genesis DAO liquidity distribution across DEXs

How should the funds in the Uniswap DAI-HOPR pool, which were placed there by the Genesis DAO after the HOPR launch, be distributed among decentralized exchanges?

This topic was discussed for a week in the HOPR forum. 10 proposals received the 6 signatures needed to reach the referendum phase. Only two proposals then reached the 20% support needed to proceed to the vote, so in accordance with the rules, the proposal with the third highest support also advances.

The three proposals are:

• Proposal #2/#8: Move 47.5% of the liquidity to Uniswap v3, 30% to PancakeSwap, 22.5% to Honeyswap

• Proposal #3: Keep all of the liquidity on Uniswap

• Proposal #6: Keep 75% of the liquidity on Uniswap, and move 25% of it to Honeyswap

For Uniswap, the procedure will be to keep any liquidity assigned there on Uni v2 until the HOPR Farm concludes. The liquidity will then be moved to Uni v3 with a fee tier of 0.3% and a price range set by the HOPR Association in consultation with the community. This procedure was agreed by the authors.

Please follow the links to familiarize yourself with the full proposals then vote for your favourite. Every HOPR token controlled by your address gives you one vote.

The vote will close after 48hrs (2pm CET on Friday May 26th). The proposal which has received the most votes at that time will win and will be enacted.