Hedgey is onchain vesting & lockups, as afree public good for teams on Optimism
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Contribution
We've helped teams on Optimism to distribute locked and vesting tokens to their team, investors, and community.
We've also helped these tokens become more active in governance by enabling locked and vesting tokens to participate in governance.
A specific contribution has been Collab.Land using Hedgey to distribute locked and vesting tokens to their team and investors using our free, onchain token infrastructure.
In addition to automating the distribution of these tokens to key supporters, Hedgey's contracts have enabled them to also become active in Onchain governance on Collab.Land proposals (via Tally.)
We don't expecting any funding and don't need it for our operations. Any funding we do get will be put back into Optimism in the form of a grant for new ideas launching on Optimsm
When Collab.Land distributed their team token vesting and investor lockups via Hedgey's contracts, the locked and vesting tokens were given governance rights that could flexibly be delegated and participate in onchain governance via Tally. This helped bring new participants into the collective by allowing the team and investors to delegate/ vote in a way they previously would not have been able to.
