[Temperature Check] - Revised HOP Liquidity Incentives
The HOP DAO has been airdropped a significant portion of ARB & OP for the protocol’s vital role in the Ethereum ecosystem. This temperature check gauges the demand for using a small portion of the protocol’s ARB allocation to garner protocol owned liquidity (PoL) - in the form of either HOP / ETH or HOP / rETH.
If the community selects to go forward with the proposal, key contributors including the multi-signers could work in partnership with Bond Protocol & potentially RocketPool to create a 2 week Bond trial with 15k ARB in incentives. If successful (bonds sell at <= 10% discount), another 15K ARB will be allocated to a second 2 week bond.
Moving forward with this proposal could help facilitate permanent liquidity for the HOP token on the leading layer 2 network, while simultaneously strengthening partnerships with other protocols in the ecosystem. This proposal attempted to use feedback from other community members & the team at Bond Protocol. It is highly recommend that voters read the respective forum post and other discussions around liquidity in previous posts and Discord.
The three potential choices would be as follows:
- HOP/ETH Camelot PoL Bonds (15k ARB incentives) in partnership with Bond Protocol
- HOP/rETH Camelot PoL Bonds (15k ARB incentives and potentially additional RPL to incentivize Camelot directly) in partnership with Bond Protocol & RocketPool
- No change
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x9A04...c7C1E8 | 3.927M | No Change |
 0xF4B0...91D8fA | 1.221M | No Change |
 0x9f19...1234C8 | 785,321 | Incentivize HOP/ETH Bonds |
 0x5919...8Da5aC | 697,370 | Incentivize HOP/ETH Bonds |
 0x2B88...537d12 | 627,172 | Incentivize HOP/ETH Bonds |
VOTE POWER
Proposal Status
- Fri June 16 2023, 09:45 pmVoting Period Starts
- Wed June 21 2023, 09:45 pmEnd Voting Period
Current Results
1-No Change
5.701M
2-Incentivize HOP/ETH Bonds
4.709M
3-Incentivize HOP/rETH Bonds
247,093.324