Announcing Hord Governance for Viking DAO

In Viking DAO, Hord is incorporating governance to empower the Hord community and allow it to make pool-related decisions. By implementing governance options, Viking DAO becomes a decentralized autonomous organization. Furthermore, implementing governance options will make Viking DAO one of the only DAOs focused on investment in early-stage crypto projects.

Hord token has an integral role in Viking DAO. A combination of Viking DAO pool tokens (Vpool) and HORD tokens are required to submit and vote on proposals related to a pool.

Token Voting Requirements:

HORD voting power

1 Vpool token = 1 vote

Minimum 2,500 HORD to vote

100,000 HORD or more in a wallet = double the voting power

Proposals

500K HORD to submit a proposal

Governance features allow HORD token holders to issue and vote on proposals. These motions will affect how Viking DAO pools functions in the short and medium term.   

Here are just a few Hord proposals that we may see soon:

• Hold or sell tokens in a Viking DAO pool after receiving them. All projects release a percentage of tokens after their launch, so HORD token holders can vote on whether to hold or sell tokens. If a proposal passes to sell tokens, HORD token holders can vote on receiving stablecoins or any other token into the pool instead. 

• Viking DAO pool members vote on potential crypto projects to join.

• Activities related to marketing (e.g., choosing between promotions on KuCoin or Gate.)

• Burn HORD tokens or invest them into a marketing pool.

• The timing of the launch of aditional  Viking DAO pool.

An important part of Hord 2.0 is Viking DAO, and governance will play a key role in its success. Backers can invest in pools of up to 20 different crypto projects at private sale token prices, which are much lower than IDOs and launchpads. Backers can invest between $100 to $5000 BUSD and receive a pool token representing the value of the underlying tokens in the pool.  

About Hord

Hord is a crypto ETF platform that helps investors and users outperform the markets. Hord offers various pools, with every pool token representing a basket of tokenized investments, making crypto strategies accessible and profitable. Like ETFs on stock markets, Hord pool tokens are actively tradable on Hord’s DEX. 

By providing a transparent dashboard to track the performance of portfolios, Hord bridges the gap between traditional finance and DeFi. 

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Website: Hord.fi/

Twitter: twitter.com/HordApp

Telegram: t.me/hord_app

Announcements: t.me/hordnews

Youtube: youtube.com/channel/UCOhzE0AKC1ZFElFqIxbFAmw

GitHub: github.com/hord

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