Governance System

Governance System

TAN Council

The TAN Council is a local governance organization with authority over and duties towards Telcoin Application Network (TAN) operational rules, system health and social well-being.

The TAN Council (6 members: Stakers and Applications each select 2 representatives; Liquidity Miners and Validators each select 1 representative; 12 month term)

  • Overview: Accepts, develops and votes on TANIP proposals to change or introduce new elements to the Telcoin Application Network, alter TAN harvesting rules, and is responsible for generally representing the interests of and informing their constituency in matters pertaining to the Telcoin Application Network.
    • Domain: TAN Network components, TEL inventory
    • Policy Area: TAN harvesting, provisioning, maintenance construction policies and procedures.
    • Decision-making rules and processes
      • Deliberation Process: TAN Improvement Proposals (TANIP)
      • Proposal Rules: All TAN Council members in possession of a TAN Council NFT and TAO members may submit TANIP proposals to the TAN Council snapshot for voting.
      • Voting Rules: All TAN Council members in possession of a TAN Council NFT (1) may vote on TANIP proposals, (2) and the Council must achieve a 5/6 approval rate within 120 hours in order for the TANIP to be affirmed.
        • Approval Rate: 5/6
        • Quorum: 100%
        • Duration: 120 hours
      • Proposal and Voting Location: TAN Council Snapshot

    • TAN Council: Authority, Duties, Activities, Benefits

    Overview

    The TAN Council is a network council that serves as a provider and administrator of collective goods and services within the jurisdictional domain of the Telcoin Application Network (TAN).

    Authority

    As a collective unit, the TAN Council possesses autonomous(independent) authority over TAN system improvements, the TEL inventory and flow of issuance generated by TAN, and the rules that regulate interactions with TAN and between relevant actors.

    Duties

    The TAN Council is required to (1) provision (plan, finance) and coordinate implementation of improvements to the TAN system, (2) regulate the flow of TEL issuance throughout TAN to be harvested by Stakers and Developers, (3) introduces, alters, and enforces TAN operational rules including harvesting, information and communication, maintenance and construction (4) informs Miners of the activities and outcomes related to TAN.

    TAN Council: Activities Overview

  • TAN System Improvements: Provisions improvements to TAN Network Components Using the TANIP process, The TAN Council may provision and coordinate new and existing
    • Infrastructure: Add, remove, alter TAN network components including staking contracts, storage, distribution facilities and other infrastructure mechanisms that the Council and/or TAN miners use in their daily activities to harvest TEL issuance, produce the system, communicate, and share information.
  • TAN Inventory and Distribution: Regulates and distributes TAN issuance Using the TANIP process, the TAN Council may
    • Regulate, Distribute TEL Inventory and Flows: Allocate and distribute TEL issuance from the TAN Council safe or other TAN safes to TAN staking contracts to be harvested by miners or to finance operational activities by administrative personnel.
  • TAN Rule-making and Enforcement: Determines and enforces TAN harvesting, communication & information, maintenance & construction rules. Using the TANIP process, the TAN Council may alter, improve, and enforce the following types of rules structuring TAN operational activities
    • Harvesting Rules: Determine and enforce (1) who can harvest (2) how much TEL issuance from TAN (3) based on what formula (4) by what means (4) using what technology (5) and the infrastructural mechanisms involved in the calculation and distribution of TEL issuance to miners.
    • Communication and Information Rules: Determine and enforce what information should be communicated using what channels and when, sets the agenda and schedule for recurring meetings, notifies the Compliance Council when a Council Member misses a scheduled meeting.
    • Maintenance and Construction Rules: Selects, finances and coordinates with production units to implement improvements to the system.
  • Communication and Information-sharing: Schedules and attends recurring meetings, disseminates proposal updates, provisions and disseminates data & analytics. The TAN Council and its members are required to
    • Communication: All TAN Council Members are required to attend all recurring meetings, to keep their constituency and the broader Telcoin community apprised of all improvements to the system and flow of issuance, and changes to the operational-rules.
      • Recurring Meetings: Schedule recurring meetings at least every two weeks, set the agenda for each each meeting, and attend all TAN Council meetings, or else after missing more than one meeting the Compliance Council may instruct the TAO to revoke the absent member’s NFT and vote on behalf of their constituency until a replacement is found.
      • Proposal Updates: Proposal authors are required to (1) update the TAN community each time a TANIP proposal has been submitted to a Council for voting, (2) inform of the outcome of a TANIP vote after it has been voted on by a Council, (3) inform the community of the status and progress of proposals in the implementation phase including when it has been implemented.
    • Information-sharing: The TAN Council is required to provide for the construction and maintenance of data & analytics systems that deliver real time and historical data relevant to TAN, and must analyze and update the community periodically based on historical activities and outcomes.
      • Data Analytics Systems: The TAN Council is required to provide for the construction and maintenance of data analytics systems that deliver real time and historical data relevant to TAN.
      • Data Analysis & Updates: The TAN Council is required to provide updates to the community pertaining to the overall economic health of TAN as a production system.

    • Forbidden Actions

  • Violating Telcoin’s mission, vision, values, and code of general conduct.
  • Proposing something that involves others without their consent.

    • TAN Council: Benefits Overview

    Upon selection and subsequent transfer of a governance NFT to their wallet address, TAN Council members possessing a TANNFT are streamed a flow of 2,272,727.273 TEL annually on a per block basis to their wallet.

    TAN Council: Technologies used and infrastructure involved

    Technologies used: TAN Council members use the following private technologies to exercise their authority.

  • TEL
    • Description: Council members must use TEL as an input in production processes, as a private technology for harvesting TEL issuance, and as a private technology used to vote for Council members in order to be considered for their station.
  • Web3 Wallet
    • Description: Council members must use a web3 wallet to conduct their voting activities.

    • Infrastructure involved: The following infrastructural components of the platform enable the TAN Council to perform its activities.

  • TAN Council Snapshot: https://snapshot.org/#/telcointancouncil.eth
    • Description: The governance mechanism used by Council Members to vote in TANIP collective choice processes.
  • TAN Council NFT (TANNFT):
    • Description: TAN Council members are transferred a TANNFT upon selection by Miner Groups, conferring them proposal and voting authority over their domain and a flow of council member issuance.
    • Link to Contract: 0x00b000132FfCbF3d0F47D3E5443f11730b51D837
  • Discord:
    • Description: The communications channel used by members to deliberate proposals with and communicate proposal updates to the community.
  • Telcoin Forum: Telcoin.org/forum
    • Description: Communication channel used to submit and deliberate forum proposals prior to formal voting procedures.
  • Telcoin Documentation: Telcoin.org/docs
    • Description: Information channel used to document the Telcoin Platform, TEL issuance, Actors, Governance System, and the resulting interactions and outcomes between those components.
  • Learn more: Governance System Infrastructure

    • TAN Council Members: Selection, Authorization, Representation and Roles

    Council Member Selection

    Each miner group selects other individual or corporate miners into Council Member positions in on-going liquid delegation and periodic election processes. Council members must nominate themselves to the relevant Council forum channel using the proper format to be considered, and, if selected, are transferred a Council NFT conferring them proposal and voting authority over their Miner Council Snapshot and a stream of council member issuance in TEL.

    Council Member Authorization

    Council Members must submit a compliant Council Member authorization form to the Compliance Council within 1 month of being selected to a Council, or else the Compliance Council will instruct the TAO to revoke their NFT and vote on their behalf.

    Council Members: Representation and Special Duties

    Council Members are assigned duties based on the specialization of their constituency. These special duties are as follows, can be altered at any time by miner groups in constitutional choice processes (TRIP), and are in addition to, not a replacement for, duties required by each Council as a collective body.

  • Staker Representatives (2): Represent the interests of, communicate with, and inform Stakers in on-going decision-making processes and day to day activities and outcomes. Stakers may vote to add/alter special duties and overall operational responsibilities required by their delegates at any time.
    • Specialization: Marketing and Education
    • Special Duties:
      • Marketing: Responsible for the research, design, and implementation of marketing initiatives, systems, and processes.
      • Education: Responsible for the research, design, and implementation of platform-wide education initiatives, systems, and processes.
  • Developer Representatives (2): Represent the interests of, communicate with, and inform Developers in on-going decision-making processes and day to day activities and outcomes. Developers may vote to add/alter special duties and overall operational responsibilities required by their delegates at any time.
    • Specialization: Incentives and Data
    • Special Duties:
      • Incentives: Responsible for designing and proposing new incentives policies and mechanisms to drive adoption.
      • Data: Responsible for analyzing, procuring and administering data analytics systems related to Telcoin mobile application economic activity.
  • Liquidity Miner Representative (1): Represent the interests of, communicate with, and inform Liquidity Miners in on-going decision-making processes and day to day activities and outcomes. Liquidity Miners may vote to add/alter special duties and overall operational responsibilities required by their delegates at any time.
    • Specialization: Communication
    • Special Duties: Responsible for sharing, documenting information related to TANIP proposals and administrating TAN Council social media and communication channels including Telcoin.org forum, documentation, and Discord.
  • Validator Representative (1): Represent the interests of, communicate with, and inform Validators and the TAO in on-going decision-making processes and day to day activities and outcomes.
    • Special Duties: Production coordination
    • Special Duties: Responsible for coordinating with the TAO and other third parties to implement TANIP proposals.