[Temperature Check] - Revised HOP Liquidity Incentives

[HIP 11] Fast bridging support and co-incentives for sUSD and SNX

HOP-Optimism Ambassador Vote

# HIP 12: Multisig Signer Compensation
```
Title: HIP 12: Multisig Signer Compensation
Authors: @Kene_StableNode & @Bobbay 
Contributors: N/A
Status: RFC
Date Posted: 2022-11-22
```

## Abstract

Multi-Sig signers have solidified themselves as a vital part of the Hop Protocol’s operations, although Multi-Sig signers participate in varying degrees, this proposal is geared towards rewarding each multi-sig signer adequately at their various points of participation.

## Motivation

As a way to reward multi-sig signers while building a culture that incentivizes prompt participation from signers, this initiative will help ensure that the Hop multi-sig operators stay motivated to carry out their duties whenever called upon.

## Specification

**Initial Retroactive Payment**

There are currently five Multi-Sig Signers, I am proposing that the multi-sig signers are compensated retroactively, starting with a retroactive payment as a reward for work previously done.

There are currently two Hop Protocol multi-sigs, one for Ethereum [Mainnet](https://gnosis-safe.io/app/eth:0x60224984338DeDe521C56DEE7a09e446A5a163f4/home) and one for [Optimism ](https://gnosis-safe.io/app/oeth:0xC988107688b750dee6237B85A3ca49ba0a65DaB0/transactions/history), the Mainnet Multi-Sig was has been operating for five months starting from June, while the Optimism multi-sig has been operational for 4 months, starting from July.

For the initial retroactive payment, I propose a one-time payment of $2,000 to @dybsy who contributed the most during this retroactive period. @dybsy took on the day-to-day administration of the two multi-sigs which included doing the following:

* Learn how multi-sig technology works
* Figured out troubleshooting
* Worked on merkle tree verification
* Confirmation of multiple variables
* Worked daily to avoid the compromise of the multi-sig

For other multi-sig signers (four individuals specifically) I recommend a one-time payment of $1,000 per signer, the difference in payment for the lead multi-sig signer and other signers is justified by the day-to-day involvement of the lead multi-sig signer.

**Total Cost** = $2,000 + ($1,000 x 4) = $8,000

This initial retroactive payment will be paid out completely in HOP.

**Subsequent Retroactive Payments**

Subsequently, I propose that whoever takes on the day-to-day administration of the multi-sigs should be compensated $500 a month for efforts related to administering the multi-sig, while other multi-sig members should be compensated $250 monthly, these payments would be made twice a year at 6-month intervals, for example: If the first subsequent retroactive payment would be made in June 2023, while the second payment would be made in December 2023.

The most active Multi-Sig signer who administers the multi-sig day to day will be paid a $3,000 payment twice a year, which is an annual salary of $6,000.

On the other hand, each of the other multi-sig signers would be paid $1,500 twice a year, which is an annual salary of $3,000 per multi-sig signer.

**Annual Total Cost** = $6,000 + ($3,000 x 4) = $18,000

These subsequent retroactive payments will be paid out completely in HOP.

**General Total Cost** = (Inital Payment + Subsequent Payment)

$18,000 + $8,000 = $26,000

## Rationale

It is important for multi-sig signers to be adequately compensated based on the level of time commitment and effort they put in to ensure the day-to-day running of the HOP Protocol, this has been reflected in the distinction in payments for the lead multi-sig signer and other signers.

## Considerations

* Formalizing the multi-sig signer roles with term limits and opening up the multi-sig signer roles up to the entire community through a nomination process and an election.
* Possibly incorporating vesting schedules to further align compensated role holders contributing to the Hop Protocol.

HIP 12: Multisig Signer Compensation

# Hop Proposal Bundle: HIPs 0-7, SNX/sUSD Bridging Support

This is the inaugural on-chain vote for Hop Protocol governance. It consists of a bundle of eight proposals that successfully passed a Snapshot temperature check, and initiated by six different authors. Several proposals (HIPs 3, 4, and 7) authorize the community multisig to disburse funds. There is currently ample funding in that address, and no new HOP is required from the protocol at this time.

Please refer to the linked Snapshot poll and forum discussion for the full language of each proposal rather than relying on the brief description here.

The full list of proposals bundled for this vote are:

HIP 0: Hop Mission Statement and Success Framework
HIP 1: Deploy a HOP Bridge
HIP 2: Explore Private Sale Legal Options
HIP 3: Governance Incentives
Fast bridging support for SNX and sUSD
HIP 4: Delegate Incentivization Trial
HIP 6: Deploy a HOP bridge on Arbitrum Nova
HIP 7: AMM and Bonder Liquidity Incentives

These proposals were all bundled together because they 1) passed overwhelmingly in Snapshot polls, 2) have no immediate on-chain executable component that could present technical risk, 3) collectively created a large backlog of governance initiatives to bring to a final vote.

Snapshot is a great tool to quickly and affordably (freely) poll token holders. However, it is not meant to set policy for the DAO. All governance must occur on-chain.

Generally, GFX Labs does not support the bundling of proposals. Experience suggests it leads to low engagement and haphazard due diligence by voters. In this case, however, the bundling was deemed appropriate due to the low risk and high consensus already mentioned. 

If this proposal fails, GFX Labs will separate out those components it feels are most important and least controversial, and prioritize those for narrower votes.

# 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

Snapshot Temperature Check: https://snapshot.org/#/hop.eth/proposal/0x603f0f6e54c7be8d5db7e16ae7145e6df4b439b8aac49654cdfd6b0c03eb6492

## Proposal
This proposal adopts a mission statement and success framework for Hop Protocol




# HIP 1: Deploy a HOP bridge

## Background
Forum Discussion: https://forum.hop.exchange/t/temperature-check-hip-1-deploy-a-hop-bridge/315

Snapshot Temperature Check: https://snapshot.org/#/hop.eth/proposal/0xd8dfe984a70f7999ee8ce31ab725fc450074b83e9c9cf515b29c2e4c783b7bfe

## Proposal
Deploy a HOP bridge to Arbitrum, Optimism, Polygon, and Gnosis Chain.


# HIP 2: Explore Private Sale Legal Options

## Background
Forum Discussion: https://forum.hop.exchange/t/temperature-check-hip-2-explore-private-sale-legal-options/316

Snapshot Temperature Check: https://snapshot.org/#/hop.eth/proposal/0x5ed734668ad7eb7a6080f23d6cf119379ba6ca3bbbac7de0a80cc47b2b09aca5

## Proposal
Hop DAO authorizes the Hop Foundation to explore legal options and documentation so that should Hop DAO vote to conduct a private sale, the Hop Foundation is prepared from a legal perspective to execute it.


# HIP 3: Hop Governance Incentives

## Background
Forum Discussion: https://forum.hop.exchange/t/temperature-check-should-hop-governance-fund-bounties-on-successful-proposals/340

Snapshot Temperature Check: https://snapshot.org/#/hop.eth/proposal/bafkreihvjb3ytkqrroouve3kwuho46ho2dz2an2oljokjwnx6lwmaekumi

## Proposal
Utilize a fixed monthly allocation of HOP to incentivize successful concrete, outcome-producing governance proposals.


# Fast bridging support for SNX and sUSD

## Background
Forum Discussion: https://forum.hop.exchange/t/request-for-comment-fast-bridging-support-for-snx-and-susd/380

Snapshot Temperature Check: https://snapshot.org/#/hop.eth/proposal/bafkreihioi2uoubmzc4onqxbhvfuvvngsrbbox6yesbuyhfngc5a7gmuvu

## Proposal

This is a proposal for HOP protocol to offer fast bridging support for SNX and sUSD to/from Optimism and L1.


# HIP 4: Delegate Incentivization Trial

## Background
Forum Discussion: https://forum.hop.exchange/t/rfc-hop-delegate-incentivization-trial/376

Snapshot Temperature Check: https://snapshot.org/#/hop.eth/proposal/bafkreic3hu4fhna7lfyecwvvasfqccygzhpkvw2zu4mihzglccwa5om6ii

## Proposal
This trial program aims to attract and retain both entities and individuals who will actively participate in governance on behalf of HOP token-holders.


# HIP 6: Deploy a HOP bridge on Arbitrum Nova

## Background
Forum Discussion: https://forum.hop.exchange/t/request-for-comment-deploy-a-hop-bridge-on-arbitrum-nova/344

Snapshot Temperature Check: https://snapshot.org/#/hop.eth/proposal/0x3df21f676877e7c87311ef6cb6864abd865d2e58a2613d6f10dd291b4f5dbce6

## Proposal

Deploy a HOP bridge on Arbitrum Nova.


# HIP 7 - AMM and Bonder Liquidity Incentives

## Background
Forum Discussion: https://forum.hop.exchange/t/request-for-comment-amm-and-bonder-liquidity-incentives/352

Snapshot Temperature Check: https://snapshot.org/#/hop.eth/proposal/bafkreicliwx2wt4rnjbappi4yyk4z2qrh224guatw7z3uo3wwh7ruekeee


## Proposal

**LP Incentives**
2,000,000 HOP per month


**Bonder Incentives**
800,000 HOP per month

Hop Proposal Bundle: HIPs 0-7, SNX/sUSD Bridging Support

# [HIP-30] HOP Airdrop Sybil Hunter Distribution
`Authors: @shanefontaine`

# Overview
When the Hop DAO was launched, Sybil hunters submitted reports that ultimately removed Sybil attackers from the HOP airdrop, resulting in the DAO keeping almost 3.5 million tokens that would have otherwise been in the hands of Sybil attackers. Per the Hop DAO introduction post, this proposal seeks to reward these Sybil hunters with 25% of the saved tokens now, a year after the start of the DAO.

Beyond the direct benefits of token recovery, the Sybil hunters also contributed to promoting the DAO in indirect ways. Both the SAFE airdrop and the Arbitrum airdrop adopted elements of Hop’s airdrop design as a result of the hunters’ effort and innovation, thus validating and enhancing the DAO’s influence. Each of those teams specifically called out Hop as inspiration during their airdrop process.

# Specific Details
Total tokens to distribute: 869,566.51
Total recipients: 35
Distribution method: The DAO will send funds to an OpenZeppelin PaymentSplitter contract that allows the addresses to claim tokens sent to the contract. The address of the verified contract is 0xD62524e1Bd146AB1a8e3D03ea8646870E3684fEe . The contract claim start time will be Fri Jun 09 2023 10:48:36 GMT+0000, which is the same start time as all of the HOP vesting contracts created at the beginning of the DAO’s lifetime.

# Next Steps
Based on the process defined in HIP-13 , this RFC will move from the forum to a proposal on Snapshot and subsequently onto Tally, assuming consensus is reached at each stage.

# References
* [Hop DAO introduction post](https://hop.mirror.xyz/AI5fOUR0X_l0mktShDOx3mwr-hsB24gp8GvTWtS-MBc)
* [Sybil hunter submissions](https://github.com/hop-protocol/hop-airdrop)
* [Twitter overview thread](https://twitter.com/WhinfreyChris/status/1525178626563420160)
* Distribution (table below)

```
Recipient Address	HOP Amount
0x945D28dF9779795BDab5BC6FDD9f36c0Ef1F7190	93,050.37
0xBCCD7DF161C0d155D3E56D8C57Cc31C185217546	29,441.94
0xb33e018fd80466E46Cb0d52F46eA98105E7B53ec	6,955.00
0x61C1511D2645C1Fd1C5e71f07586d35779D85D79	9,715.53
0x0c31Fb1f6035402d61c6B4b0a5c2B62309fF763d	14,740.59
0x87122A072DaCF42bcCA5F4583fF08dEd2fb89176	13,821.37
0xa52AaF7da0156d2D30a310aFe6f084a0DA9cEE54	6,724.63
0x400aBc3DAE98Ec5aEEF2681b40D4CEd0A5aff934	106,850.36
0x414DD753dEa0c34f83695Cea8FdD38d734E49b4E	17,335.98
0xFB7c1D49e006eaDdff2385c7eF8B0C5Cf49d038A	3,406.56
0x7d3f6048091aEdE6198736b8C6ac527c314e25ff	71,439.55
0x0A304d8B62488766b0B4004C6398F5f439c45afa	3,096.38
0x572Ae335AaC8F32DC1ac53B97Fe248C3c9B3aF77	4,397.15
0x0BE6FC06A0A605D006C6317E5b0383F6Fb1394F1	51,826.21
0x68C589fAb487f2F100d0380Fad9648263F2e7145	41,246.28
0x386f6B908640d9f394EF37bC1b8c3a4018fa3dB1	15,515.27
0x12FB89D601C674aeA4d91f92ABD30eB9bb57a95E	2,367.41
0x7D389CfcD35e2aE40599b2662040A32E1450E6D6	6,392.06
0x987ffC303bEa07c4aD724f2BA9800b1FDC6a7dB0	24,519.63
0x6147B20E2542137055C87E6d86C8af5bF8Fb515a	4,062.73
0xdaa2fAA20484ef193F4678a802cEa58750638B2A	39,163.63
0xF1e4FbbC580Fc71714EfA23F352E6A70eBe46D39	16,082.46
0x61bC799fD0EB6C791E1cF22E1e9908635444d5A6	48,662.07
0xab41733192b401c88f3c0e42cacab44365530fba	2,894.44
0xD47CB1835EB36e4A108C33E446449192426Fc160	136,043.68
0x7F5F2980A85B363BD9013593A3D8b4f7DB3781Fd	3,542.76
0x0fB267a11d0a4ee611a3A8Dc41147A5729276161	3,596.69
0x5c43B1eD97e52d009611D89b74fA829FE4ac56b1	13,983.16
0x93CbB09b82b429e0566D1ca3596515DDAeF1980A	8,816.78
0x516d03de90f3Df147861E8d8001c8EDc79d89Ce7	2,859.99
0x9bb82fbf10cF4959909BAB9bE07805bd1d28D04A	28,821.95
0x99EdCfb867E9772384f3b560fE360d1530d6740d	7,562.27
0x72153F1040BDfe6961bB73448f1AF265B2bFDf0b	7,157.50
0x5E14E0c2e39ae6d65e33D21edA41796f4db86d52	17,354.19
0x6a1AF72bBcfD0BA492E502F83334d3910Fa025dB	6,119.94
```

[HIP-30] HOP Airdrop Sybil Hunter Distribution

Hop Protocol

A protocol for sending tokens across rollups and their shared layer-1 network in a quick and trustless manner

Market Cap	$3.6m
	$0.048
Fully Diluted Valuation	$47.87m
	$151,086
	$676,373
	$0.82

Hop Protocol (HOP)

Protocol Information

Development Activity

Token Information

Methodology

Competitors

Ethereum	$40.17m
Optimism	$6.8m
Arbitrum	$6.51m
Polygon	$3.13m
Base	$690,604
Gnosis	$682,269
Arbitrum Nova	$32,594