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

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Hop by
superphiz.eth
on
July 26, 2022, 6:31 PM

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

Warning

Exercise caution when exploring DAO proposals. Proposals can be submitted by any member of the community so there's an inherent risk of encountering scams or deceptive links. Always critically assess the validity of each proposal and its links before taking action.
start
July 26, 2022
6:31 PM
end
July 31, 2022
6:31 PM

Voting type
single-choice
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%