LBI Governance Team Announcement
Authored by @bozz
It has been a good month now that we opened and then extended the nomination window for the LBI governance team. It has been stated already that @empoderat will be stepping away as he has personal projects that he is pursuing. We wish him the best of luck in those endeavors.
While the original premise of the LBI GOV team was a group of three people, there have been no other nomination posts besides @alexvan and @bozz. In light of that fact, the Gov team is making the decision to move forward with only two members.
A formal vote will not be held as community confidence appears to be unanimous for the two incumbents given the comments in their nomination posts. If you feel it necessary to dispute this, please reply to this post with your reasons.
Hopefully, 2022 can bring a renewed enthusiasm from the token holders for the LBI project and the governance of said project.
Additionally, given the fact that proposals were so few and far between the last two cycles, the Gov team will be implementing a new model.
The hope was that many community members and holders would take a hands-on approach to the direction of LBI. The system was set up in anticipation of an influx of proposals coming in each window.
If for example ten proposals came in, the original plan was to place those to a vote with only the top 3 to 5 continuing on to the final voting stage. After the final voting stage, I believe the top two would be implemented.
As I stated, we haven’t seen close to ten proposals across the life of LBI let alone in a single window. Therefore, from this point forward, the Gov team will put any proposal up to vote at the time of submission or until things pick up to the point that the old model makes sense again.
Taking into account user feedback, we will continue to provide an acceptable window for questions and answers on the proposal before a final vote is collected.
As always, your vote is based on your stake in LBI.
Here is the breakdown as a reminder:
1/ 10-99 LBIs will earn a vote equal to 1 2/ 100-499 LBIs will earn a vote equal to 2 3/ 500-2,499 LBIs will earn a vote equal to 3 4/ 2,500-9,999 LBIs will earn a vote equal to 4 5/ 10,000+ LBIs will earn a vote equal to 5
This move is simply to streamline the process and adapt to the current state of the markets and community. If you disagree with this move, or you feel it violates the spirit or tenets of LBI, please feel free to let us know in the comments.
@alexvan and I look forward to serving the LBI community in 2022.
Posted Using LeoFinance Beta
