HIP-2/AprMay24 | Marketing Budget Allocation Addendum

:small_orange_diamond: HIP-2/FebMar24 | Marketing Budget Allocation Addendum :small_orange_diamond:

Snapshot Time for the Vote:

First block after March 26, 23:59 UTC time.

Voting Period:

Voting starts: March 27, 00:00 UTC time
Voting ends: April 01, 23:59 UTC time

Voting Addresses:

Summary of Proposal:

  • Marketing Budget allocation for April 2024 and May 2024, for the two options.
  • Report summary of previous working period (February 24/ March 24)

Link to the Full Proposal:

Voting Procedure for marketing budget allocation:

  1. Every DAO participant has a total 0.1 HYDRA available to vote with, which can be distributed among multiple voting addresses of your favorite options.
  2. You can split your vote between the options per your liking by sending a split amount like 0.08, 0.02 (Total should amount to 0.1 Hydra) OR vote with 0.1 Hydra to allocate 100% budget to one Option (Example shared here).
  3. The 0.1 HYDRA vote will map your entire voting weight (from the snapshot) proportionally to the agency/options
  4. Note that the last set of votes that amount to the sum of 0.1 HYDRA counts, meaning that you can change your vote within the voting period.
  5. Transactions that Total above or below 0.1 HYDRA will not count.
  6. The exponentiating formula will apply as usual.
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:small_blue_diamond: Raw Votes:

ICODA โ†’ 29.91%
Save โ€”> 70.09%

:small_blue_diamond: Adjusted Votes:

ICODA โ†’ 41.41%
Save โ€”> 58.59%

:small_blue_diamond: Monthly Budget Allocation:

ICODA โ†’ $14,081
Save โ€”> $19,919

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