Hey everyone,
We’d like to announce the start of the Treasury Elections for the term January - June 2025 for the positions of Non-Foundation Treasury Council members.
The current council consists of five members:
• 2 Foundation Treasury Council Members
• 3 Non-Foundation Treasury Council Members
In May 2024, elections were held for the current Non-Foundation Council Members.
The proposed process is outlined below:
Responsibilities
• Ensure responsible spending of treasury funds in the best interests of the Moonbeam and Moonriver networks.
• Review and vote on proposals submitted by community members and service providers for initiatives such as infrastructure maintenance and operations.
• Communicate openly with the Moonbeam community on the Forum, explaining the rationale behind funding decisions.
• Facilitate community-driven initiatives by serving as the multisig for token distribution processes.
Election Process
Anyone interested in running for the Treasury Council should create a “Treasury Council Member Candidacy” post in the Treasury Proposals Category on the Forum between December 3-10, 03:00 PM UTC. This includes the 3 existing Non-Foundation Members, should they wish to reapply.
Format of the Candidacy Post:
• Name: Applicant’s name.
• Timezone: The timezone where the applicant normally resides.
• English Language Proficiency: Proficiency level based on the IRL scale (minimum IRL 3 required).
• Qualifications: Proof of experience in Web3.
• Background: Applicant’s Moonbeam background and track record.
• Motivation: Reasons for applying.
• Conflicts of Interest: Disclosure of any potential conflicts of interest that could affect the evaluation of proposals.
• Availability: A commitment of at least 10 hours per week is required. Applicants must disclose any restrictions that might hinder their ability to attend regular meetings.
• Code of Conduct: Applicants must affirm their good standing in the community and commitment to upholding the code of conduct.
Eligibility Criteria
• Minimum IRL 3 proficiency in English.
• Ability to dedicate a minimum of 10 hours per week.
• Forum Trust Level 1.
• Complete Delegate Profile on the Delegation Dashboard.
• Desirable qualifications include experience in infrastructure operations, software development, and similar areas.
Dates
• Dec 3 - Dec 10, 03:00 PM UTC: Candidates post their candidacy posts on the Forum.
• Dec 10 - Dec 15, 03:00 PM UTC: The community provides feedback on candidacy posts and asks applicants additional questions.
• Dec 16, 03:00 PM UTC: A weighted snapshot vote begins.
• Dec 23, 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 prohibited. Accounts attempting to do so will be identified using an indexer and disqualified. Please consider your vote carefully before casting it.
The three candidates who receive the highest weighted votes and pass the Foundation administration review will proceed to on-chain voting scheduled for December 27, 2024.
Term
Council Members will serve from January 2025 - June 2025.
Compensation
Non-Foundation Treasury Council Members will be compensated 1,500 USDC monthly for their services.