Hector Network, a decentralized finance project, is facing a governance dilemma as it considers a proposal to wrap itself within an offshore corporate structure that includes directors, supervisors, and a management board. This proposal, known as HIP 40, has been met with skepticism from many HEC token holders who fear it will dilute their influence over how Hector runs. The project's lawyer, Dali from the tech law firm Sparring, argues that a professional organization run and managed by people with expertise in specific areas is necessary for success in business. He believes that HIP 40 will provide the necessary legal wrapper and allow Hector to be a reliable partner to non-Web3-native companies.