HIP-7 | Role of DAO Secretary
Snapshot Time for the Vote:
First block after November 24, 23:59 UTC time.
Voting Period:
Voting starts: November 25, 00:00 UTC time
Voting ends: November 30, 23:59 UTC time
Voting Addresses:
YAY → HHxxxxYEAxPN7xxxxxxxxxxxxxxy39XJnH
NAY → HHxxxxNAYxPN7xxxxxxxxxxxxxxy2s8e8q
Threshold for Approval:
65% approval rate
Summary of Proposal:
- Electing a DAO secretary operative position : marking the start of DAO’s operational team
- Myra to be elected as DAO secretary due to skills, expertise and outstanding track record in the Hydra community
- $1200 per month compensation: rate of $30 based on 5 work days *2 hours * ~4 weeks. Paid via the DAO funds smart contract
- A minimum of one pro-active proposal for voting to come from DAO Secretary for improving the ecosystem per month
- Monthly report
- Three month trial to evaluate on both sides
Please Note: As there is only one candidate, this proposal will be a Yes / No Vote
Link to the Full Proposal:
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.
- The exponentiating formula will apply as usual
