Governance System

Governance System

Treasury Council Nominations Application

The application and process by which miners nominate themselves to be elected to the Treasury Council.

Overview

In order to be submitted in elections and liquid delegations proposals for a position on the Treasury Council, eligible miners must submit the below candidate information and nomination application at least 24 hours prior to an election at most within the past 6 months prior to a liquid delegation or election proposal.

Treasury Council Member: Voters, Number of Positions, Specialization and Special Duties

Each miner group selects one representatives, and representatives are assigned special duties based on the specialization of their constituency and/or the function of the Council. Miner Groups can alter the following special duties of their representatives at any time using the TRIP process, and there are no rules for enforcing these guidelines beyond delegations and elections.

VoterRepsSpecializationSpecial Duties
Stakers1DataResponsible for designing, proposing, and implementing data and information analytics systems related to TEL issuance and the productivity of the Platform.
Developers1DistributionResponsible for designing, proposing, and implementing efficient and secure TEL issuance distribution mechanisms including simulating TELIP distribution proposals to ensure TEL units transfer to the intended destination.
Liquidity Miners1FinancingResponsible for designing, proposing, and implementing TELIP’s that provide for the construction, maintenance, and implementation of collective goods (e.g. grants programs).
Validators1StorageResponsible for designing, proposing, and implementing secure TEL storage facilities and for coordinating with multi-signature signers to ensure timely transfers.
  • Candidate Information: Submit the following information:
    • Preferred Name and Country: Preferred name and location
    • Wallet Address: Wallet address used to be used in Council member voting.
    • Social Media: Telcoin Discord user name, twitter account.
    • Miner Group: Select either Staker, Developer, Liquidity Miner, Validator Delegates
    • Specialization: Select from one or more of the following specializations.
      • Data
      • Distribution
      • Financing
      • Storage
  • Council Nomination Application: Provide responses to the following questions.
    • Introduction
      • How did you find out about Telcoin and why are you excited about being a part of the Telcoin community?
      • What experience do you have in interacting with the Telcoin Platform as a user, miner, and/or overall ecosystem participant?
    • Why should you be selected?
      • Why are you running for this position?
      • What unique skills, experiences and credentials do you bring to the role that will assist you in fulfilling your regular and special duties?
      • What changes and improvements do you plan to propose?
      • How will you represent your miner group in decision-making processes to ensure their interests are being voiced and protected?
      • How will you keep your constituency informed?
      • How much time can you dedicate to the role each week?