Vote for the founding governors of ONE Liquidity DAO!
As described in the official announcement and proposal, ONE Liquidity DAO is a new DAO that will promote liquidity on Harmony, primarily by building open source Hummingbot infrastructure. Harmony has committed $2 million to support this DAO.
The DAO will be led by 9 governors, who will organize initiatives such as bounties, hackathons, and other programs to reward developers for building infrastructure and traders for using that infrastructure. Similar to other Harmony DAOs, governors are expected to be autonomous and transparent, and face elections every 3 months:
Governors of each DAO have delegated autonomy over its assets and initiatives. Harmony helps define 3 broad mandates, recruit 9 governors, define the deliverables and metrics for the first 3 months, and fund at maximum $1M. We recommend $75 to $350 per hour as the self-assessed salary, 3-month election terms, retroactive peer bonus and performance feedback, 80% passing votes, and openly tracking timesheets and deliverables for each member.
Election start: December 2, 2021 12pm PST
Election end: December 9, 2021 12pm PST
All ONE token-holders are eligible to vote.