Governance System

Governance System

Miner Council Decision Rules: Overview

The rules that structure Miner Council decision-making authority and processes.

Summary

CouncilsRepresentationProcess, Domain of AuthorityDecision-making Rules
Platform Council Platform Council
· Members: 8
· Representation: Balanced across all four Miner Groups.		Telcoin Improvement Proposal (TIP)

Platform-wide rules
including communication and information, compliance, legal and organizational rules.		Proposal Authority: Platform, Treasury, Compliance Councils, TAO

Approval: 6 out of 8
Quorum: 100%
Duration: 120 hours
Channel: telcoinplatformcouncil.eth
Platform Council, Treasury CouncilPlatform Council
· Members: 8
· Representation: Balanced across all four Miner Groups.

Treasury Council
· Members: 4
· Representation: Balanced across all four Miner Groups.

TEL Improvement Proposal (TELIP)

Platform-wide rules
that involve the TEL Treasury, TEL token contract, Telcoin Network, the Telcoin Association Constitution, and governance infrastructure.		1. Platform Council: Must approve before submitting to the Treasury Council

Approval: 6 out of 8
Quorum: 100%
Duration: 120 hours
Channel: telcoinplatformcouncil.eth

2. Treasury Council: Must vote after the Platform Council has affirmed.

Approval: 4 out of 4
Quorum: 100%
Duration: 72 hours
Channel: telcointreasurycouncil.eth
TAN CouncilTAN Council
· Members: 6
· Representation:
Stakers: 2 reps
Developers: 2 reps
Liquidity Miners: 1 rep
Validators: 1 rep
Telcoin Application Network Improvement Proposal (TANIP)

TAN operational rules including allocation, harvesting, planning and financing, information, communication.		Proposal Authority: TAN Council, TAO

Approval: 5 out of 6
Quorum: 100%
Duration: 120 hours
Channel: telcointancouncil.eth
TELx CouncilTELx Council
· Members: 6
· Representation:
Stakers: 1 rep
Developers: 1 reps
Liquidity Miners: 3 reps
Validators: 1 rep
TELx Improvement Proposal (TELxIP)

TELx operational rules including allocation, harvesting, planning and financing, information, communication.		Proposal Authority: TELx Council, TAO

Approval: 5 out of 6
Quorum: 100%
Duration: 120 hours
Channel: telxcouncil.eth
Compliance CouncilCompliance Council
· Members: 4
· Representation: Balanced across all four Miner Groups.
Compliance Improvement Proposal (CCIP)

Authority
• Veto authority over all Miner Council proposals
• Compliance,
• Legal and Organizational,
• Conflict Resolution,
• Actor Authorizations		Proposal Authority: TAO, Compliance Council

Approval: 3 out of 4
Quorum: 75%
Duration: 72 hours
Channel: telcoincompliancecouncil.eth

Telcoin Improvement Proposal (TIP)

  • Miner Councils: Platform Council, Compliance Council
  • Authority: Platform-wide proposals that do not involve the TEL Treasury, Telcoin Network, Governance Infrastructure including
    • Communication and Information Rules
    • Compliance, Legal & Organizational Rules
    • General-purpose Platform improvements which do not require financing
  • Voting Rules: Platform Council must affirm with
    • Approval Rate: 6/8
    • Quorum Rate: 100% quorum
    • Duration: 5 days
    • Veto Authority: The Compliance Council may veto at any time using the CCIP process.
    • TIP Process

    For more information:

    Telcoin Improvement Proposal (TIP)

    TEL Improvement Proposals (TELIP)

  • Miner Councils: Platform Council, Treasury Council, Compliance Council
  • Authority: Platform-wide policies that involve the TEL Treasury, Telcoin Network, or Governance Infrastructure.
  • Voting Rules
    • Platform Council vote: The Platform Council must first affirm with
      • Approval Rate: 6/8
      • Quorum Rate: 100% quorum
      • Duration: 5 days
    • Treasury Council Vote: After the Platform Council has affirmed, the Platform Council or TAO may submit the TELIP for voting to the Treasury Council Snapshot.
      • Approval Rate: 4/4
      • Duration: 3 days
    • Veto Authority: The Compliance Council may veto at any time using the CCIP process.
    • TELIP Process

    For more information:

    TEL Improvement Proposal (TELIP)

    TAN Improvement Proposals (TANIP)

  • Miner Councils: TAN Council, Compliance Council
  • Authority: Proposals that regulate the TAN TEL inventory, provide for the construction and maintenance of TAN Network components, determine and enforce harvesting rules and other rules and activities related to TAN.
  • Voting Rules: The TAN Council proposes and votes using the TAN Council snapshot channel, the Compliance Council may veto the proposal at any time.
    • Approval: 5/6
    • Quorum: 100%
    • Duration: 5 days
    • TANIP Process

    For more information:

    TAN Improvement Proposal (TANIP)

    TELx Improvement Proposals (TELxIP)

  • Miner Councils: TELx Council, Compliance Council
  • Authority: Proposals that regulate the TELx TEL inventory, provide for the construction and maintenance of TELx components, determine and enforce harvesting rules and other policies and activities related to TELx.
  • Voting Rules: The TELx Council proposes and votes using the TELx Council snapshot channel, the Compliance Council may veto the proposal at any time.
    • Approval: 5/6
    • Quorum: 100%
    • Duration: 5 days
    • TELxIP Process

    For more information:

    TELx Improvement Proposal (TELxIP) Rules

    Compliance Council Improvement Proposal (CCIP) Processes

  • Miner Councils: Compliance Council, all Miner Councils. TAO, prospective position-holders (e.g. Developers, Validators, Council Members)
  • Authority: The CCIP process may be used by the Compliance Council to
    • Veto: Veto Miner Council improvement proposals,
    • Authorizations: Authorize new participants into positions of authority on the Telcoin Platform and within its governance system
    • Conflict Resolution and Authorizations Process Development: Introduce and improve conflict resolution and authorizations processes. Each proposal type differs in terms of procedural requirements.
  • Voting Rules: Compliance Council votes using their snapshot channel.
    • Approval: 3 out of 4
    • Quorum: 75%
    • Duration: 3 days
    • CCIP Veto Process
    CCIP Actor Authorizations Procedure
    CCIP Process Development Procedure

    For more information:

    Compliance Council Improvement Proposal (CCIP) Rules