Since the inception of the program, the Treasury Council has always contained a majority of community, non-Foundation members. However, their appointment was rolled into the governance motion which created the program. The current council consists of 5 community members:
- 2 Foundation Treasury Council Members
- 3 Non-Foundation Treasury Council Members
In November of 2023, elections were held for the current Non-Foundation Council Members.
This proposal is to again hold elections for the 3 Non-Foundation council members and the process will be as follows.
Responsibilities:
- Ensure a responsible spending of the treasury funds in the best interest of Moonbeam and Moonriver networks;
- Review and vote on proposals submitted by the community members and service providers for various initiatives such as infrastructure maintenance and operations;
- Communicate openly with the Moonbeam community on the Forum about the rationale behind funding decisions;
- Facilitate community driven initiatives by acting as the multisig for token distribution processes (similar to PINK initiative)
Election process:
Anyone interested in running for the Council should create a “Treasury Council Member Candidacy” post on the Treasury Proposals Category on the Forum between May 30 - June 6, 03:00 PM UTC. This includes the 3 existing non-Foundation members, should they wish to serve another term.
Format of the candidacy post:
- Name: Name of applicant
- Timezone: Timezone applicant resides in normally
- English Language proficiency: English language proficiency (based on the IRL scale)
- Qualifications: Proof of experience in Web3
- Background: Moonbeam background and track record
- Motivation: Motivation for applying
- Conflicts of interest: Disclose any potential conflicts of interests they may have that could impact them evaluating certain types of proposals
- Availability: How much time you can commit to the committee (anyone unable to commit a minimum of 10 hours will be automatically disqualified) and whether you have any general restrictions that would get in the way of attending regular meetings.
- Code of Conduct: Applicants should affirm that they are in good standing in the community and will commit to upholding the code of conduct.
Eligibility criteria:
- Minimum IRL 3 proficiency in English
- Capable of spending the minimum of 10 hours per week
- Desirable qualifications: infrastructure operations, experience with software development, etc.
- Forum Trust Level 1
- Complete Delegate profile on the Delegation Dashboard
Dates:
- May 30 - June 6, 03:00 PM UTC: Candidates post their candidacy post here
- June 6 - June 13, 03:00 PM UTC: The community to provide feedback on the candidacy posts and ask additional questions of the applicants
- June 13, 03:00 PM UTC: A weighted snapshot vote begins
- June 20, 03:00 PM UTC: A weighted snapshot vote ends
Note: changing one’s vote in the last 10 hours of the weighted snapshot voting is not permitted (accounts that change their selection will be identified using an indexer and disqualified). This is to avoid attempts to manipulate the outcome. So please consider your vote carefully before casting it.
The three candidates that receive the highest weighted votes and complete the Foundation administration review will proceed to the on-chain voting that will take place on June 21, 2024.
Term:
Council Members will serve from July 2024 - December 2024.
Compensation:
Non-Foundation Treasury Council Members will be compensated 1500.00 USDC monthly for services provided to the Council.
