An important aspect is that it allows one to make decisions on the treasury. HAI holders will be able to participate in decisions that serve well to everyone in the crypto space.
To facilitate transparency, Hacken allocates our treasury reserves to the community, and constructs a way to support trust improving activities. First – to allocate funds in right internal products and initiatives, then – to finance any worthwhile cybersecurity initiative.
The treasury will be governed by a number of delegates — people who are the most involved and motivated to bring the best for token and ecosystem. Along the way, the number of these people will increase to reach the industry standards.
Regular users of the DAO will have both the voting power and the opportunity to become a delegate themselves. However, if a DAO member is not interested in participating in the governance process — there will be an option to allocate your voting power to the delegates.
We will also introduce the system of delegates. These people will be responsible for gathering requests from the community and moving it up the ladder. We will also increase the number of treasury managers by voting in the most active delegates.
hGrants as a part of the DAO allocating resources to fund projects / developers / researchers that meet the needs of a rapidly growing Hacken Ecosystem.
The program covers a wide range of topics including creation of critical web3 security tooling, on-chain data processing automatization, on-chain data visualization, predictioning, NFTzation, community to community interaction, industry sustainability, social impacting.