Threshold Committee election nominations – first epoch (April 2025)
AI summary
This proposal is for the first election of the Threshold Committee, which will have 9 members. Six members will receive payment for their service, and three will be unpaid volunteers. The candidates with the most votes will be offered seats, with paid positions prioritized for those willing to accept them until all 6 are filled. Remaining candidates will then fill the 3 volunteer seats based on vote count and their willingness to serve without pay.
If this proposal passes, the Threshold Network will establish its first governing committee, which will be responsible for making decisions for the DAO. The 6 paid committee members will receive compensation, though the specific amount is not detailed in this proposal. This impacts all Threshold token holders by creating a structured governance body.
Voting results
Votes over time
x-axis = % of voting window elapsed · y-axis = cumulative VP per choice
🐳 Whale votes
6 votes > 5% VPFull proposal
Following the week of nominations and our "meet and greet" call with candidates on April 2nd, we now commence the voting for our inaugural Threshold Committee (call recording is here: https://www.youtube.com/watch?v=2uTdTsv5l-80).
Here’s how this election will work, given the prescription in TIP-103 for 6 paid Committee seats and 3 unpaid volunteer seats. After the voting concludes, candidates with the highest vote weight will be offered the 9 seats on the Threshold Committee, but their seat type (paid or volunteer) will be determined by both vote weight and candidate preference.
The candi…