HIP-2 | Core Marketing Program Launch

[FloSupp]

Hydra Improvement Proposal 2 (HIP-2) is scheduled for a vote!

Snapshot Time for the Vote:

First block after July 6, 12:00 UTC time.

Voting Period:

Voting starts: July 6, 12:00 UTC time
Voting ends: July 13, 12:00 UTC time

Voting Addresses:

YES → HHxxxxYEAxPN2xxxxxxxxxxxxxxy35NLBD
NO → HHxxxxNAYxPN2xxxxxxxxxxxxxxxzVFnAr

Threshold for Approval:

65% approval rate

Summary of Proposal:

• Allocating a $34,000 budget per month for stimulating marketing exposure
• Following a multi-agency approach for healthy competition, starting with 3 shortlisted ones
• Regular tracking of performance and results
• Month per month payment, for reduced risk

Link to the Full Proposal:

Hydra DAO Core Marketing Program Launch

Rationale “When marketing” has been a persistent question in the Hydra community. Our team has always strived for a responsible and balanced approach of putting value and product development at the focus. The issues that were identified with the Qtum based HYDRA have become a limitation in the past, due to the inferior conversion ratio of pretty much all attempts to expand into cold audiences. The difference in solidity version, the need to downgrade, the unconventional wallet periphery, and…

Voting Procedure:

0.1 HYDRA sent to any of the two addresses above will credit your entire snapshot weight to the respective side. Note that the last transaction counts, meaning that you can change your vote within the voting period. Transactions above or below 0.1 HYDRA will not count.