Hectagon

A collective of experienced investors, builders, and contributors. Transform investing by making early VC investments accessible and stress-free for everyone.

[Hectagon @HectagonDAO]

🗳️ Cast your vote now on HIP15 - Proposal to use treasury to develop an open-sourced on-chain program on Solana and @syncvote - an app serving end user built upon the program.

📃Details: https://t.co/YWlYyD6yhD
⏰ End time: Mar 11, 2024

[Hectagon @HectagonDAO]

Developed with insights from 150+ DAOs, @syncvote codifies and automates your governance process, seamlessly integrating with popular DAO tools like @SnapshotLabs, @tallyxyz, @discourse, @discord @Realms_DAOs and more.

👉 Follow @syncvote for the latest updates.

[Hectagon @HectagonDAO]

Delighted to announce that @syncvote - a venture developed by Hectagon is now in the beta testing phase.

HECTA holders, in addition to accruing value from investments in @OpenFoodChain, @fanzeelabs and @syncvote, will also receive a Syncvote token airdrop upon its release ��

[Hectagon @HectagonDAO]

When people ask how ya doing...🏋️‍♀️

[Hectagon @HectagonDAO]

Outcome:
Before: Treasury holds LP Tokens, amounting to 129,819 Hecta and 22,292 BUSD
After: Treasury holds LPToken, amounting to 129,819 Hecta and 22,288 BUSD
You can now engage in regular trading of the Hecta-USDT pair on Pancakeswap via this link: https://t.co/l9eHOKCuqP

[Hectagon @HectagonDAO]

Greetings Hecta Holders,

Regarding the conversion of BUSD in our liquidity pool on Pancakeswap to USDT, we are pleased to inform you that the policy team has executed this successfully.

The steps involved in the process are outlined below 👇:

[Hectagon @HectagonDAO]

4. Guardian added LP (USDT-Hecta) to Pancakeswap: https://t.co/g1cZnoKu6T
5. Guardian sent LPToken to Treasury to finish the conversion process: https://t.co/ssKcyq230v

[Hectagon @HectagonDAO]

Hecta Holders should expect minimal impact. The conversion is scheduled to occur within the next 7 days, or possibly sooner. Cheers.

[Hectagon @HectagonDAO]

In this instance, we've opted for USDT due to its broad application and substantial market value. The process involves withdrawing the LP, exchanging BUSD for USDT, and subsequently reintroducing the LP to PancakeSwap. A nominal fee will be incurred during the conversion.

[Hectagon @HectagonDAO]

Hello Hecta Holders, announcing our LP adjustment according to Binance discontinuing its support for BUSD from Dec 15 2023. To safeguard our LP pool, we must transition the token in Liquidity from BUSD to another stable coin.

[Hectagon @HectagonDAO]

We propose to use $100,000 from Hectagon treasury to continue developing @syncvote2023 , a product being built by our own team.

Syncvote is not yet ready for public beta, but a private tour can be arranged by tagging one of the admins on Discord. https://t.co/Yr9JRrmQBD

[Hectagon @HectagonDAO]

DAO PROPOSALS: Invest in public token using Treasury

Details:
👉HIP12 - Invest in public token:https://t.co/3pYu4akzSK
⏰ End time: Mar 31, 2023 01:00 UTC

👉HIP13 - How much should Hectagon invest for public token?:https://t.co/U18cpP1nH3
⏰ End time: Mar 31, 2023 23:00 UTC

[Hectagon @HectagonDAO]

(5/5) Commons Stack
Web: https://t.co/pbB0iXXeeK

Addressing DAO Governance & Accountability, Funding, and Feedback, to foster sustainable, holistically incentivized, and community-governed public goods.

[Hectagon @HectagonDAO]

Top 10 DAO tools (P2)

[Hectagon @HectagonDAO]

(4/5) DeepDAO
Web: https://t.co/BEWRImLJvZ

Making sense of DAOs, people in governance, content, and the ecosystems. Full listings of DAOs from all major DAO platforms for financial, social, and governance data visualization.

[Hectagon @HectagonDAO]

(8/8) KPI Options
They can encourage outcomes and results in binary and non-binary ways, and scale rewards according to effect
✅Reward over-achievement, the shared upside for contributors, and pay for results
❌Result needs to be defined upfront and be publicly verifiable

[Hectagon @HectagonDAO]

Now that you have identified your key needs and the mechanisms that might work well (link Twitter), today's thread provide a brief overview of each

[Hectagon @HectagonDAO]

(7/)Streams
These programmed financial flows can make payments to contributors or other parties block-by-block
✅Reward ongoing commitment, real time- pay by the block
❌Does not make sense for small discrete tasks