The first topic for discussion and vote is:
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?
Some brief context, from our blog:
The original Genesis DAO vote only covered the launch procedure and didn’t give much thought to the medium term. This was fine, as it’s important that governance decisions be narrow to avoid becoming overwhelming. The original proposal did provide liquidity
The launch was a success, resulting in 17,955,067 DAI and 18,016,003 HOPR tokens in the Balancer pool. The Genesis DAO then transferred these funds to Uniswap, receiving 17,985,508 of UNI-V2 liquidity tokens in exchange. At the time of writing, these tokens are worth $26m, so there’s a lot at stake here.
This proved a very good decision after launch, but now it’s time to use those funds more effectively and efficiently. The HOPR Farm is going from strength to strength, so moving funds out of Uniswap won’t leave the token in the lurch.
But it’s one thing to decide to move the liquidity, another to find an optimal distribution.
Which DEXs should we move to? On which chains? Which token pairs should be covered? In what distribution?
That’s what you will need to decide on.