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Voting Completed — All 5 Proposals were Approved by the DAO. What a powerful start of the Hydra DAO.

Hydra
Hydra
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20 Jul 2023, 14:05
✅ Voting Completed — All 5 Proposals were Approved by the DAO! What a powerful start of the Hydra DAO! We are thrilled to announce that all five proposals, which were recently presented for voting, have received the green light from the Hydra DAO! The voting period ended as of 12:00 UTC time today. With that, the Hydra DAO successfully completed its first full cycle of operation. What will now follow is the execution of the approved items and for some proposals the subsequent evaluation of the performance and progress (as is the case for the new marketing program). All proposals have transformational potential! HIP-2: Core Marketing Program launch : $34,000 per month / $408,000 per year for marketing by hiring 3 agencies in a competitive micro-environment. Each agency will try to outperform the other in order to gain more trust form the DAO and secure higher % of the pool. Nurturing progress through competition and transparency, the DAO will be supervising closely the reports. 👉 100% Approval rate with 4,576,330 HYDRA HIP-3: Project Prometheus: Account level sharding which introduces an industry first approach in scalability. The goal is HYDRA to become faster than the strongest projects in current production existence, while focusing on preserving decentralization. 👉 100% Approval rate with 4,552,660 HYDRA HIP-4: Whitelisting Project Sugarverse: Another project joining HYDRA with an exciting gaming ecosystem of its own. 👉 100% Approval rate with 4,474,306 HYDRA HIP-5: Framework for a LockTrip/DAO Synergy: Making it clear how the DAO can function in order for it to grow to its fullest potential while leveraging the support of LockTrip as strong ecosystem participator that has the vested interest for Hydra to succeed! 👉 100% Approval rate with 4,548,191 HYDRA HIP-6: LYDRA/HYDRA DEX Pool Launch Strategy : A unique strategy where the initial liquidity of LYDRA to be launched in an event, which can suck up HYDRA from existing markets, thus creating a net deflationary impact. 👉 98.10% Approval rate with 4,420,244 HYDRA Full announcement: