[Temperature Check] HIP 0: Hop Mission Statement and Success Framework

Background

Forum Discussion: https://forum.hop.exchange/t/discussion-hop-s-mission-and-primary-success-metric/234

Discord Discussion: https://discord.com/channels/789310208413270078/988600846877065316/988614962534572072

Proposal

Adopt the following mission statement and success framework.

Mission Statement

Hop DAO’s mission is to drive the adoption of secure, trustless, and community-owned bridge infrastructure within Ethereum’s scaling ecosystem and to connect Ethereum to the broader multi-chain world.

Success Framework

Hop DAO’s success should be judged first and foremost by its ability to provide bridge infrastructure that is secure, trustless, and community-owned. Any shortcomings concerning these values should be considered a failure in Hop DAO’s mission.

Beyond adhering to these core values, Hop DAO’s success should be measured by monthly volume. When available, monthly volume can be referenced as a percentage of market share to limit noise from market-wide factors. In other contexts, monthly volume can be referenced in absolute terms.

Ongoing Refinement

If this mission statement and success framework are adopted, additions and changes should be encouraged. More clearly defining what it means to be secure, trustless, and community-owned through subsequent proposals could help inform governance discussions and drive meaningful action towards these goals in the future.

In addition, monthly volume only serves as a good metric for Hop’s token bridge. If Hop DAO decided to open up Hop’s messaging layer for generalized use or add any other type of protocol offering, the success framework should be amended.

Lastly, Hop DAO may want to broaden or alter its mission statement in the future. This should also be encouraged when there is community support. The mission statement is meant to signal the current goals of the Hop community and not serve as a doctrine to which the community is bound.

Motivation

Define a mission statement and success framework to serve as the basis for future proposal discussions.

Voting

Yes - Adopt the mission statement and success framework

No - No action

start

July 26, 2022

6:31 PM

end

July 31, 2022

6:31 PM

Voting

off-chain

Voting type

single-choice

Voters

308

Votes

14,295,791

Final Votes

closed

Yes - Adopt the mission statemen

14.3M HOP (delegated)

99.97%

No - No action

5K HOP (delegated)

0.03%

item label

Placeholder title of a dao proposal

DAO name

0x000000000000

Mon 00, 2024 00:00

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Voting

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Voting type

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Voters

1,000,000

Votes

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TICKER

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TICKER

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