Hop DAO dao
Overview
Hop DAO is the decentralized autonomous organization that governs the Hop Protocol, a cross-chain bridge enabling token transfers between Ethereum, Layer 2 rollups, and other sidechains. It manages protocol parameters, treasury, and development through community voting using the HOP governance token.
Within the DeFi Intel graph, Hop DAO connects to 2 tracked entities, most strongly to HOP, Hop Protocol.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | HOP | 85% |
governs | Hop Protocol | 85% |
More on Hop DAO
Frequently asked questions
What are hTokens?
hTokens are Hop's intermediary cross-network bridge tokens, such as hETH and hDAI, which can be moved between rollups and redeemed for the underlying asset.
Which networks does Hop support?
Hop bridges assets between Ethereum and rollups and sidechains including Optimism, Arbitrum, Polygon and Gnosis.
What is the HOP token for?
HOP is the governance token of Hop DAO, used to vote on protocol improvement proposals.
Related reading
Sources
Facts on this page were verified against the following sources.