Event Horizon

Monetizing the voter block with bounties

As Event Horizon continues to grow, a substantial voter block will form. There are plenty of monetary incentives to influence the sway of a large voter block:
  1. 1.
    Turning on fees
  2. 2.
    Enabling revenue share
  3. 3.
    Changing fees to LPs
  4. 4.
    Mobilizing treasuries
  5. 5.
    Voting for gaguge emissions
DAO stakeholders therefore have strong incentive to influence the vote either way. So they can offer the Event Horizon community bounties to vote a certain way. (Note: these don't have to be obligatory "bribes". It's important to us that the users can say No to the money).
Bounty revenue gets split between veHVAX voters and yield farmers thus giving yield farmers an edge over market yield rates. The exact split will be determined by governance.
Bribes for veTokens are well known thanks to protocols like our friends over at Hidden Hand. But as of now no one's set up the infrasture or even ammased a large enough voting block of traditional DAO tokens to set up bounties. What's an example bounty?

Example bounty: Quorum-as-a-Service (QaaS)

DAOs often can't meet their own quorum, much less retail proposing DAO improvements. Gridlock in governance is a problem all too common in political theaters. We can do better.
Quorum-as-a-Service (QaaS) is a solution to this problem. Rather than throwing away your vote, you can instead dangle that carrot in front of the Event Horizon community in the form of a bounty, mobilize our treasury and all available yield farmer assets (e.g. LP tokens), meet quorum and even get the vote to go your way.
Governance gets unstuck, voters get paid, yield farmers beat market rates. Everybody wins.
You can read more about QaaS on our blog.