Hop Protocol

Authors: @max-andrew Status: Snapshot-only vote Date Posted: 2023-02-19

Summary: This proposal would create a new 60 day window for early Discord and Twitter users to submit claims for the airdrop. The possibility of this extension is included in the original specifications of the airdrop. This proposal would similarly include those who missed the Authereum claim window.

Rationale: This proposal would include those who already qualified for the airdrop but were unable to submit their address before the deadline. This token distribution has already been accounted for and would entail minimal labor cost. Importantly, it would demonstrate Hop to be a DAO that is flexible and supports the users that support it.

Specification:

• Reopen a 60 day claim period for early Discord, Twitter, and Authereum users who have already qualified for the airdrop
• Window will be reopened following a successful vote and two actions by the Hop team
  • An update to pre-existing forms (https://app.hop.exchange/#/airdrop/social-verify, https://app.hop.exchange/#/airdrop/authereum) to allow new submissions
  • An announcement made through social media to notify users of the reopening
• A delegate volunteer will privately validate the addresses submitted
• A list of valid addresses will be sent to the multisig for transfers to be processed using funds already allocated to it that will be reimbursed through the standard refill process
• Airdrop amounts will be calculated using the pre-existing formula
• The new airdrop will be sent within 14 days following the end of the 60-day period
• This proposal does not reclaim any HOP that might still remain to the treasury and does not rule out the possibility for reopening the reclaim window through future governance actions