Transfer 900k DAI + 37m HOPR to the Swiss-based HOPR rise holding AG (in incorporation) in exchange for its equity at a 50% discount compared to a future investment round. This equity will be transferred to a newly incorporated HOPR Community Trust within three months and will be managed by HOPR token holders.
The 900k DAI + 37m HOPR should be taken from the Uniswap HOPR-DAI 0.3% pool on Ethereum mainnet. This is around half of the pool. The Uniswap HOPR-ETH 0.01% pool on Ethereum mainnet (TVL $230k) and the HOPR-xDAI 0.3% pool on Swapr on Gnosis Chain (TVL $430k) would remain untouched.
HOPR rise holding AG is a Swiss-based holding company, separate from the HOPR Association. Its mandate is to fund the development of the HOPR ecosystem and centrally manage the operational entities, particularly products built on top of the HOPR protocol.
If this proposal passes, the funds will pass to the HOPR rise holding AG. Separately, a BVI-based trust will be established to implement governance decisions from HOPR token holders related to the assets governed by the current HOPR DAO. Once this is done, no later than three months from this proposal passing, equity will be transferred from HOPR rise holding AG to HOPR Community Trust to be managed by HOPR token holders.