29 Mar 2023, 11:40 UTC802 views2 reactionsread 7 August 2026 Photo
DAO PROPOSALS: Invest in public token using Treasury
At the beginning of April 2023, Hectagon will spend a part of the Treasury for projects’ public token investments.
❓Why?
Investing in projects' public tokens will help diversify, increase the liquidity of the portfolio, and provide the chance to increase the total profit margin, all of which will help increase investment flexibility.
💰How much?
$50.000 in the for…
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16 Mar 2023, 17:51 UTC224 viewsread 7 August 2026 Now that you have identified your key needs and the mechanisms that might work well (link Twitter), today's thread provides a brief overview of each.
1. POAPs & NFTs
NFTs are generated by the Proof of Attendance Protocol (POAP) to signify your involvement or attendance at events. They are quickly being used as online resume
✅ Allow access and gating, build reputation,low cost
❌ Non-financial, work only in specific u…
15 Mar 2023, 10:19 UTC115 viewsread 7 August 2026 Critical considerations for Incentive Mechanism (Part3)
Let's pick up where we left off
9. The Task's Value
Would this activity benefit the DAO in any way?
If "Yes," then this has to be adequately rewarded and (hopefully) enable the team to experience some of the benefits. In such cases, more covert or bundled prizes could be preferable.
10. The Task's Importance
Compared to everything else, how urgent is the task …
12 Mar 2023, 03:14 UTC106 viewsread 7 August 2026 Critical considerations for Incentive Mechanism (Part2)
Let's pick up where we left off
5. Time Required to Finish
How long does it take to do the necessary task?
After spending some time working with DAOs, you begin to appreciate how important it is to have consistent attendees. Having said that, a person's sporadic small bit of time does mount up. You could require several inducements to entice either one, the oth…
11 Mar 2023, 17:10 UTC90 viewsread 7 August 2026 Critical considerations for Incentive Mechanism (Part1)
To find the tools and incentive systems most likely to benefit your DAO, it might be helpful to prioritize your two or three most critical considerations.
Let's examine these elements in further detail and see why they may be significant.
1. The Incentive's Decentralization
Does the DAO require a decentralized system, or are your incentives compatible with som…
6 Mar 2023, 11:06 UTC118 viewsread 7 August 2026 Top 10 DAO tools (part1)
1. Syndicate
Web: https://syndicate.io/
Syndicate is the decentralized investing protocol and social network, offers the infrastructure and resources necessary for investing DAOs to comply with regulations, network socially, and make real-world investments.
2. Open Law
Web: https://www.openlaw.io/
Code may now be used to simulate all or a portion of legal agreements. Open Law makes it easie…
28 Feb 2023, 07:39 UTC292 viewsread 7 August 2026 Photo
Ongoing conversations say that highly decentralized DAOs have been inefficient. Ethereum co-founder, Vitalik Buterin, countered the proposition
🧑💻 He argued that DAO-like structures would be more efficient since they relied on the wisdom of the crowd to aggregate inputs that would guide the decision-making process, which also helped reduce the concentration of power within a single entity
🧑💻 Vitalik said DAOs nee…
26 Feb 2023, 04:19 UTC248 viewsread 7 August 2026 Best DAO Tokens to Consider
1. Uniswap
Market Cap:$5,266,385,888
Highlights:
✔️Swap ERC-20 tokens
✔️Earn interest with crypto staking
✔️Over 72,000 liquidity providers
2. ApeCoin
Market Cap: $2,097,853,682
Highlights:
✔️Governance token for the ApeDAO
✔️An in-game currency
✔️Merchandise sales
✔️Payment for Ape community events
✔️Low-risk investment
3. Aave
Market Cap: $1,211,581,599
Highlights:
✔️Aave is used as c…
23 Feb 2023, 12:13 UTC230 viewsread 7 August 2026 Photo
DAOs are more resilient than conventional commercial organizations because of their ability to adapt and change.
💰Code-embedded regulations
There is no need for managers because DAO rules are included in a code within the blockchain ecosystem. This kind of organizational structure eliminates the constraints caused by bureaucracy and other organizational issues.
💰Smart contract “board”
A DAO decentralizes power and …
20 Feb 2023, 16:27 UTC240 viewsread 7 August 2026 Photo
How DAOs are becoming the preferred funding vehicle for online communities?
👌Community-governed
- That governance is made impossible and the consensus is generated via tokenized voting, which is subsequently implemented through a smart contract built on the IF-THEN logic's fundamentals.
- Since the mentioned executions take place on a transparent and immutable blockchain network, DAOs open the door to unprecedented l…
16 Feb 2023, 18:01 UTC252 viewsread 7 August 2026 Photo
DAO in Social Media. What is new?
📱What is new?
Though the Web2 epoch is considered the era of social media while generating higher economic value, it holds entire control of the platforms and user data completely centrally.
Web3 no longer follows that concept, but it is prepared to reverse the trend and put consumers in control of their own data
This is where(DAO) takes the lead. DAO is all set to transform the soc…
11 Feb 2023, 06:09 UTC266 viewsread 7 August 2026 Photo
Updates on HIP11 - Adjusting APY to 0%
💪Thank you for your voting!
🚀Adjusting APY to 0% helps the supply of Hecta token to be stable which allows the calculation new token airdrop amount for current Hecta holders. We proposed this idea on Hectagon Snapshot and had our members voting for its execution in the last couple of days
⏰The proposal ended on *Feb 10, 2023 01:30PM UTC* with 100% approval. That means APY wil…
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