Hydra DAO Launches with 4 Major Proposals !

LockTrip.com (LOC Token) Official Blog
Hydra Chain
Published in
2 min readJun 16, 2023

We are happy to announce that the Hydra DAO is officially live and operational!

This serves as a critical milestone for the entire ecosystem, as many important decisions will be made via this platform — by the community and for the community!

It marks a cruicial step towards the independence and self-sufficiency of the Hydra ecosystem, which has always been a main trajectory from the beginning. Thanks to the DAO treasury, which is seeded by a ~4M HYDRA allocation (as per a previous community vote), and a secured future flow of sustainable income, the community now has not only the technical capability, but also the financial means to make an impact on the future of Hydra!

Please join the DAO by signing up, so that your voice can be heard too!

👉 Join Hydra DAO

Anyone can participate in conversations, even those who don’t own any HYDRA. Promising proposals can then be voted on via a permissionless on-chain mechanism by HYDRA holders.

Currently there are 4 important proposals presented. Make sure to check them out and leave your feedback/comments:

1. Project “Prometheus” — A groundbreaking approach for L1 scaling via horizontal sharding technology. Project that comes as a long-term vision for HydraGon

👉 Proposal Thread

2. Marketing Proposal for the hiring of 3 agencies in a competitive framework

👉 Proposal Thread

3. Sugarverse.io — New project applying for launchpad/whitelisting access

👉 Proposal Thread

4. DAO/Company Synergy Framework: Putting a fair and clear framework in the DAO/Company synergy in order to unolock additional potential and eliminate long term uncertainties

👉 Proposal Thread

We invite everyone to participate in shaping the future of Hydra. Especially if you have an expertise in marketing, technical development or business development, we would love to hear from you!

👉 Join the Hydra News Channel

HYDRA is a proof-of-stake blockchain optimized for real-world businesses. It tackles some of the most profound and challenging issues with existing blockchain economies and introduces a truly shared economy with fair treatment to all network participants.

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LockTrip.com (LOC Token) Official Blog
Hydra Chain

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