HIP-19 | HydraTools Grant Request

Completed Votes
1

:small_orange_diamond: HIP-19 | HydraTools Grant Request :small_orange_diamond:

Snapshot Time for the Vote:

First block after October 8, 11:59 am UTC time.

Voting Period:

Voting starts: October 8, 12:00 pm UTC time
Voting ends: October 14, 12:00 pm UTC time

Threshold for Approval:

  • 51% Approval Rate

Summary of Proposal:

  • Allocate a one-time $12,000 budget spread over 2 months for development of:
    • A Bonding curve based Meme Launchpad integrated with HydraDEX
    • A Play-to-Earn game
    • A Learn-to-Earn platform
  • The project team has outlined a Roadmap with a breakdown of Milestones set by themselves and has committed to adhere to it.
  • The Project team commits to providing weekly milestone reports and previews, keeping everything aligned with the roadmap.
  • The DAO Community will have full access to the project’s GitHub repositories to track progress.

Please read full proposal for complete plan details of the project requesting the grant.

Link to the Full Proposal:

Voting Procedure:

  1. Visit https://vote.hydrachain.org/
  2. Select the proposal you want to vote on. HIP-19 | HydraTools Grant Request in this case
  3. Pick between For or Against. Optionally you can Abstain
  4. Click on “Caste Vote” and approve the Voting transaction in your Wallet

Thank you for your participation!

2

Results of the Vote conducted on https://vote.hydrachain.org/ for HIP-19

For - 14.67%
Against - 85.33%
Abstain - No voters decided to abstain

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However, the HIP did not achieve Quorum due to which this vote is invalid and can be slated for a re-vote after a few weeks

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