Future-Proofing the Tangle Community Treasury DAO

Because the previous governance vote to establish a new committee structure for the Tangle Community Treasury DAO failed to achieve the minimum level of votes necessary to validate the decision, Shimmer token holders are invited to vote on a new list of candidates willing to work for the community and the ecosystem in this important institution.

Two critical community proposals on the Tangle Community Treasury have successfully passed the first two phases of the IOTA Governance Forum’s governance process. We now call upon all Shimmer token holders to participate in the final and decisive voting phase. Starting at 15:00 CET on Monday, 17 June, you can vote in your Firefly or Bloom wallet. This vote is crucial for electing:

  1. A new Program Lead to head the Tangle DAO LLC and oversee the IOTA and Shimmer Grant Committees, which operate under the legal framework of the DAO.
  2. A new Shimmer Grant Committee, consisting of four dedicated members, responsible for allocating the Treasury’s Shimmer tokens to support and grow our ecosystem.

We encourage Shimmer token holders to participate in these crucial decisions. The previous vote failed to receive the necessary quorum of voters to elect these vital roles in the Community Treasury, We welcome the new engagement from potential candidates to become part of this endeavor and hope the Shimmer community generates enough backing for the candidates in these two new votes so that the DAO can become fully operational again.

The Importance of Your Vote

These roles in the Community Treasury are not merely representative; they are pivotal to the functionality and success of our community-driven initiatives. The Program Lead will play a crucial role in steering the direction of the Tangle DAO LLC and ensuring the effective management of the grant committees. This leader will be the linchpin in coordinating efforts, fostering a collaborative and trustful working environment with all stakeholders in the ecosystem, and ensuring that our community's funds are utilized efficiently and transparently.

The Shimmer Grant Committee members, on the other hand, will have the responsibility of evaluating and deciding on grant applications. Their decisions will directly impact the projects and ideas that receive funding, thus shaping the future of our ecosystem. The expertise and dedication of these committee members are vital in ensuring that the best projects get the support they need to thrive.

Why Your Participation Matters

In the previous vote, we failed to reach the necessary quorum, stalling our efforts to fill these vital positions. The Tangle Community Treasury cannot function to its full potential without your active participation. This is a community-driven initiative, and its success hinges on the involvement and support of Shimmer token holders like you.

Meet the Candidates

  • Proposal [SGP - 0010]: Tangle Community Grant Committee Grant Reviewer selection: Ten candidates have stepped forward, each eager to serve as one of the four Shimmer Committee members for the 2024/2025 term. Your vote will determine the future stewards of our grant allocation process.
  • Proposal [SGP - 0011]: Tangle Community Grant Committee – Lead selection: A new candidate is applying for the instrumental role of Lead. This position is crucial for guiding both committees and representing the Tangle Community Treasury DAO as a whole.

Voting Timeline

The voting period begins on Monday, 17 June, at 15:00 CET. It includes a seven-day pre-vote phase followed by a seven-day counting phase, concluding on 25 June at 15:00 CET.

This Wiki article explains how governance voting works, while this User Guide to voting in Firefly guides you through the process.

Make Your Voice Heard

We strongly urge you to read the proposals and candidate introductions carefully. This is your opportunity to shape the future of the Shimmer ecosystem. By participating in this vote, you are contributing to the growth and success of our community.

Get voting and help us achieve the quorum needed to propel the Tangle Community Treasury into its next phase of development and success. Your vote is not just a choice; it's a commitment to the future of our ecosystem.

Node Operator Participation

Shimmer node operators who want to participate in counting votes for this event can find all related information in this GitHub repository.

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