↪️ The Hydra DAO Votes are Finalized! The voting period for the 6 proposals has concluded and we are happy to announce the results! As usual, the exponentiating factor was applied and therefore we will share a breakdown of the votes before and after the adjustment. 🔹 HIP-2 Dec23 Jan24|Marketing Campaigns Budget Allocation Raw votes: Atoz-PR → 42.50% Collibri Group → 2.88% Cryptic → 4.19% ICODA → 50.43% Adjusted votes: Atoz-PR → 36.60% Collibri Group → 7.23% Cryptic → 8.01% ICODA → 48.16% Monthly Budget Allocation: Atoz-PR → $12,444 Collibri Group → $2,459 Cryptic → $2,723 ICODA → $16,374 Formality Rule Rejections —> 0% 🔹 GEN-1 | Refreshed Hydra Chain Logo Community Vote Raw votes: Ver 1 - 10.12% Ver 2 - 37.70% Ver 3 - 52.18% Adjusted votes: Ver 1 - 29.22% Ver 2 - 42.37% Ver 3 - 28.41% 🔹 HIP-7 | Role of DAO Secretary YEA —> 100% NAY —> 0% 🔹 HIP-8 | Migration of LM Campaigns to LYDRA Pairs YEA —> 100% NAY —> 0% 🔹 HIP-9 | Expansion of HYDRA into Ethereum YEA —> 100% NAY —> 0% 🔹 HIP-10 | DAO Treasury Migration YEA —> 100% NAY —> 0% Summary of outcomes: ✅ As a result of the marketing budget allocation vote, we now have a total of four marketing agencies who will compete during the next two months! ✅ The DAO decided to update the Hydra chain logo with the proposed version 2. This will be gradually implemented across all relevant channels (internal and external). ✅ We congratulate Myra for her new position as the DAO Secretary! Her term begins as of today and will last for a trial period of three months. ✅ The DAO approved the migration of the LM campaigns from HYDRA based pools to LYDRA based pools ✅ The DAO approved the expansion of HYDRA and LYDRA liquidity into the Ethereum ecosystem ✅ The DAO approved the treasury migration to a multi-sig smart contract. The nominated community admins are kindly asked to reach out to us to inform us whether they want to accept or deny their nomination. We want to thank everyone for participating in the DAO process and are looking forward to the next wave of marketing activities!