HIP-007: HTX DAO Development Fund (Treasury Pilot Program)
Instead of immediately establishing a formal treasury, this proposal suggests creating an HTX DAO Development Fund as a pilot program to test governance mechanisms, resource allocation, and community feedback loops.
This document outlines the fund’s structure, governance process, usage, evaluation mechanism, and its potential transition to a formal DAO treasury.
I. Motivation
The HTX DAO Development Fund aims to support early community building and technological advancements within the DAO, providing data for future treasury establishment, governance mechanisms, and a sustainable, scalable DAO revenue model.
The fund will explore incorporating protocol-generated revenue (e.g., DEX fees, bridge fees, on-chain staking management fees) into the treasury or development fund, eventually automating the collection and disbursement of funds through on-chain mechanisms and creating a closed loop from “protocol revenue generation” to “DAO governance allocation”.
II. Fund Size & Source
| Item | Description |
|---|---|
| Initial size | 10,000-100,000 USDT or equivalent HTX tokens |
| Funding sources | Project reserved funds, community donations, etc. |
| Custody mechanism | Multi-signature wallet managed by the HTX DAO committee (Gnosis Safe recommended, 3/5 or 4/7 multi-sig) |
| Funding expansion | Scalable to automatic revenue injection (e.g., protocol fee sharing, returns from ecosystem investments) |
III. Fund Usage
Community Building: AMAs, events, content creation and publication.
Technical Contributions: Small development tasks, bug fixes, documentation, tools, and plugins.
Collaborative Pilots: Joint activities with other projects, cross-chain/protocol integration.
Ecosystem Development: Free financial port ecosystem expansion, Hackathon support, and Grant distribution.
Governance Model Testing: HTX Snapshot voting incentives, governance mechanism testing, etc.
IV. Governance Process
| Phase | Description |
|---|---|
| Proposal Submission | Submitted on HTX DAO Forum (htxdao.discourse.group; requires a new post) |
| Review & Approval | Committee preliminary review for feasibility, ensuring clear objectives and reasonable budget. |
| Community Feedback | Public community discussion and feedback; applicants must respond to key questions and optimize implementation. |
| Project Tracking | All funded projects must set publicly visible milestones and provide regular (monthly recommended) progress reports. |
| Payment Disbursement | Phased disbursement: Funds are released upon completion of each milestone after review of progress reports. |
| Outcome Evaluation & Publication | Final reports and open-source materials are required; the community assesses the alignment of actual outcomes with commitments. This is incorporated into quarterly transparency reports. |
V. KPI Evaluation
Number of funded projects & completion rate
Governance participation (e.g., Snapshot voting participation)
Technical output: code PRs, tools, documentation, visualizations, etc.
Community growth metrics (e.g., Discord activity, number of proposals)
Comparison of DAO financial outflow and return on investment (ROI estimate)
VI. Proposal Template (for community members)
HTX DAO Development Fund Proposal
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Proposal Title:
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Proposer + Community ID:
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Project Description/Objectives:
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Funds Requested:
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Fund Usage:
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Delivery Milestones/Timeline:
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Expected Outcomes:
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Wallet Address:
VII. Security and Operational Mechanisms
All fund disbursements must be on-chain verifiable (Etherscan/Arbiscan).
Multi-signature custody is transparent and auditable; signatories can be rotated and publicly disclosed.
Fund usage status and detailed financial statements are updated and published every 30 days.
An “emergency pause” mechanism will address project termination or communication issues.
The committee will summarize and optimize the governance process and expenditure pathways quarterly.
VIII. Underlying Philosophy and Values
HTX DAO believes in “co-building first, then governance.” The Development Fund serves as a testing ground for governance culture and collaborative growth. We envision the fund evolving into a formal DAO treasury, creating a complete ecosystem cycle of protocol revenue collection → DAO decision-making and allocation → community oversight and feedback.
IX. Transition to a Formal Treasury (Scalable Plan)
Revenue Injection Mechanism Testing: Future DEX or cross-chain bridge fees will be proportionally injected into the treasury contract.
Governance System Migration: From small-scale proposal multi-signature execution → DAO voting → Aragon/modular governance contracts.
Transparent Financial Platform: On-chain dashboard (e.g., Dune, Gnosis UI) displaying inflows, outflows, and funding progress.
Budget System Upgrade: The fund can be divided into “basic operating budget + community ecosystem budget + strategic reserve fund.”
Fund-Incubating Modular Governance Groups: e.g., Treasury WG, Grants WG, led by the community to build the DAO’s financial system.
This mechanism will form the foundation for the long-term sustainable development of HTX DAO, creating a truly participatory and results-oriented autonomous space for DAO members.