This is a proposal to extend the term of the current Non-Foundation Treasury Council members until December 31, 2025, instead of launching a new election cycle for the July–December 2025 term.
Rationale
- Continuity for DCA Program Implementation
The current Treasury Council recently finalized and submitted a major initiative: the Treasury Stablecoin DCA Program.
The program aims to:
- Reduce GLMR expenditure and volatility,
- Increase financial predictability for the ecosystem, and
- Diversify Treasury holdings with a stablecoin (USDC.AH) through a 6-month DCA (dollar-cost averaging) process.
The implementation phase is expected to last six months and requires ongoing oversight, evaluation, and adaptability. The current Council, having architected the proposal in close collaboration with technical experts and the community, is best positioned to steward this process. Onboarding a new Council mid-execution would risk delays, knowledge loss, and disrupt the program’s momentum.
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Proven Community Trust
The current Council has been elected for three consecutive terms, demonstrating sustained community trust and strong performance. Given their record and familiarity with both strategic priorities and governance processes, extending their term maintains consistency and reliability in Treasury management. -
Transition to 12-Month Terms
Based on learnings from the past five terms, we propose transitioning to 12-month Council terms starting January 2026. This would better align with the planning and execution cycle of major initiatives like the DCA program. Extending the current term through December 2025 offers a natural bridge into this more effective cadence, without adding friction mid-year.
This proposal will be up for a referendum vote, and the community will be able to support or reject it through the standard voting process.
We invite your questions, feedback, and discussion in the Forum thread below.
Thank you for your continued involvement in Moonbeam governance!