Rating Hop DAO’s maturity with DAOmeter

Hey Hop DAO community,

I’m Ann, the Governance Researcher on the StableLab team, and we recently launched DAOmeter, a maturity rating system for DAOs.

The goal of DAOmeter is to serve as a public good by providing an effective method of evaluating and benchmarking the maturity levels of various protocols. This is achieved through a scoring system that encompasses key categories within protocols, such as Community, Voting, Documentation, Security, and more.

Based on our evaluation, Hop has earned a maturity score of 63%.

We noticed that Hop does not have a security module in built into the protocol. We have also noticed that Hop does not provide public financial reporting. Is this something you are considering organizing in the near-future or have considered in the past?

I want to clarify that a lower score doesn’t necessarily mean that Hop is less decentralized. We provide a 40-page report on the breakdown of the score and the research methods behind DAOmeter, which you can find here.

As we’re committed to the continuous improvement and development of this tool, we’d love to hear from the broader community. Please feel free to share your thoughts, suggestions, and insights with us as we work to improve the DAOmeter scoring system.