Debt repayment and management fees

[godwin]

Hectaholics,
One month has passed from TGE. At the beginning, to kick off the Hectagon system, one of our partners lent us $75K. This is an announcement about repayment that lending to our partner.
Moreover, as per DAO approval, 5% of the new funds raised will be taken out of the treasury for Hectagon Team Operation. Please see below for the details.

HIP06 - Operation Fund for Hectagon's team [Finished]

Post name should be HIP[number]-[short description] Summary This post proposes the principles to grant fund for team involved in protocol management. Motivation As a group, we have been able to organize ourselves around projects and teams in the DAO. We are diligently working in all areas, from Operations and Engineering to Content, Marketing, Partnerships, and Policy. Proposal We propose spending 5% of any new fund raised through the public sale of $Hecta for the team operation. This amou…

All of these transactions will be 100% transparent and surely be used on purpose.
Thank you,

[godwin]

This is to sum-up what treasury has growth from TGE