HIP-2/SeptOct24 | Marketing Budget Allocation Addendum

:small_orange_diamond: HIP-2/SeptOct24 | Marketing Budget Allocation Addendum :small_orange_diamond:

Snapshot Time for the Vote:

First block after September 10, 23:59 UTC time.

Voting Period:

Voting starts: September 11, 00:00 UTC time
Voting ends: September 16, 23:59 UTC time

Voting Addresses:

Summary of Proposal:

  • Marketing Budget allocation for September 2024 and October 2024, for the two options.
  • Report summary of previous working period (June 24/ July 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.

:small_blue_diamond: Raw Votes:

ICODA → 29.00%
Save —> 71.00%

:small_blue_diamond: Adjusted Votes:

ICODA → 31.49%
Save —> 68.51%

:small_blue_diamond: Monthly Budget Allocation:

ICODA → $10,707
Save —> $23,293

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