Executed

[HIP-25] Lito Departure


Proposal ID

111395...0684

Proposed

May 26th, 2023

Result details
Final Votes

Quorum

6.68M of 0

Majority support

Yes

For

6.68M

Against

0

Abstain

0

Actions

Type

Address

Details

Custom

0x3131...a4d6

revoke(..)

Custom

Account

0x3131...a4d6

Method

revoke(..)

Custom

0x95C6...327e

revoke(..)

Custom

Account

0x95C6...327e

Method

revoke(..)

Custom

0xc510...a3CC

transfer(..)

Custom

Account

0xc510...a3CC

Method

transfer(..)

Proposal

https://snapshot.org/#/hop.eth/proposal/0x4d340caf3061d3bdb106ce3a184c7c9e54ba665c6dd719282d61cbecc179cb55

This proposal was put up on Snapshot for voting on April 10, 2023. Voting closed on April 15, 2023. Quroum was reached and the proposal passed with 9,000,000 votes for, 4,000 against, and 142 abstain.

The proposal calls for two actions to be carried out:

  1. Return to the HOP DAO Lito's unvested HOP allocations that have been placed into a TokenLock contract (0x313143c4088A47c469D06Fe3fA5fd4196Be6a4d6) set to unlock on June 9, 2023.
  2. Return to the HOP DAO all HOP allocated to Lito that was set to begin vesting in June 2024. This TokenLock contract (0x95C6d7128dD7Bee3a3ce74A6d16A4C90e178327e) would be revoked in its entirety.
Final Votes

Quorum

6.68M of 0

Majority support

Yes

For

6.68M

Against

0

Abstain

0

Final Votes
Status

Fri May 26, 08:54 pm

Draft created

Fri May 26, 08:53 pm

Published onchain

Sat Jun 3, 07:28 am

Voting period started

Fri Jun 9, 04:12 pm

Voting period ended

Fri Jun 2, 04:07 pm

Proposal queued

Sun Jun 4, 05:59 pm

Proposal executed