Governance
Governance in HARDCORE has a number of flavours. The way governance is achieved will also evolve over time in a practical way.
Corporate entity
Some of the moving parts within HARDCORE require real world transactions such as:
- The purchase of a lamborghini and shipping to its winner;
- Arranging alternative prizes as required by the community;
- Negotiating with and contracting a marketing agency.
No-one loves DeFi more than the Degen.VC team but before DAOs take over the world, to get things done means using practical vehicles for getting things done. ACT Foundation is a UK non profit established in 2018. Paul Scott will join Fraser Brown on its board to manage deals that require a corporate entity.
Voting
Voting on HARDCORE will use Snapshot and most of Degen.VC’s token share of $HCORE will be staked against an Aragon court under obligation to implement the results of each vote.
Parameters
The following parameters can be changed initially by a 3/4 multisig and ultimately by a DAO. The 4 multisig signers initially are the Degen team listed on our website.
- Fee revenue allocations. The share of fees sent to liquidvault by the fee-distributor smart contract can be voted on by the community. Similarly, the share of fees allocated to the Treasury for distribution to the NFTVault and to the marketing agency (initially) are voted on by the community.
- Fee recipient wallet addresses.
- Lock up period length.
Learn More
Website: https://hcore.finance/
Telegram: https://t.me/hcorefinance
Twitter: https://twitter.com/hcorefinance
Discord: https://discord.gg/NNf3RSR46x
