Responding to my own post after reading the update posted by Arrakis, the DAO’s fund transfer is on hold while Arrakis corrects and evaluates their obligations following the discovery of an exploit.
1m is good
I support this proposal
with 250K plus 1M , is a good amount
with 250K plus 1M is good
I support this proposal
Yes 250K is a good number
I left mi vote
Maybe 1 M is too much ?
The idea does not seem to me very good, since moving such a number of tokens to a contract can carry various risks: hacking the contract, etc. I think that the amount should be reduced - 250 000!
I’m a strong believer in the idea that you can start low and always add more later. 500k seems like a reasonable start point worth of risk IMO…and as confidence builds you can always add to the vault later correct?
It doesn’t look like there is language negating from Hopr adding more tokens if its decided to increase the amount later from what limited info I’m looking at.
agree
Hi. @satopin 's figures for the DAO’s holdings are correct. The original vote to move liquidity was completed, with the exception of a Uniswap pool on Gnosis (Uniswap integration is still pending there, with no eta on completion)
The Arrakis and Gamma trials are still hopefully going forward, but security reviews of their contracts and audits has taken longer than expected. There were some discrepancies between the audited code and deployed code which we weren’t happy about, but we’ve now been provided with up to date audits.
Hi @thewanderingeditor thanks for the follow up.
OK, just to be on the same page…Can I understand that the amount for Uniswap pool on Gnosis ($250,000) and Arrakis/Gamma ($300,000 each) are still sitting in the HOPR/DAI LP on Uniswap (current TVL $6.84m)?
Yes that’s correct. The 1m for the Hats vault will also be taken from that pool
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I can’t give any guarantees as I’m not the one doing the final review, but my feeling is that the Uni pool on Gnosis won’t happen any time soon (really not seeing much movement there - they were expecting it to be easy and it’s not).
I expect the issues with Gamma and Arrakis will be resolved soon though
We will also do a quick review of Hats code / audit before committing to the vault, but from initial inspection everything seems good there
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Thank you. Hopefully they get everything corrected soon.
Im receive iron nft, but 100% my answers will be true, idk why no diamond or gold =(
I voted for 500k but a bit more would also be OK.