After more than a year of ideating and discussion, it is finally time to introduce the second version of Illuvium Governance. This next version will allow for more transparency towards the community, more clarification towards the roles of the council members, and overall more council members to preside over the various aspects of the Illuvium Project.
The second version of Illuvium Governance splits the roles of the council members up into 4 sub-councils, a main council, and two committees for financial and urgent occasions. Each sub-council will be chosen by the community and preside over a specific category within the project’s development. These range from Marketing to Gaming, Community, and Strategy. The main council is made up of the “leaders” of each sub-council, plus a team Admin. The two committees will consist of three to four members, hand-picked mostly by the team to ensure their competence.
Each of the sub-councils as well as the Main Council and Risk Management Committee have positions that a community-voted council member can join. Since each of these plays an integral role in the governance system, it is important to understand just what is expected of someone who fills up a position.
(5 Community elected spots)
The community sub-council is the first step in the entire IIP process. It is key for the members to be involved with the community. Not only is their job to distill the essence out of conversations they have with the members of the community, but they also have to be able to direct the information to the designated sub-council for further approval. The members of this sub-council should have a respectful attitude towards the community and be able to effortlessly share information with the other sub-councils and the main council. The Community Council is the first filter for all the best and worst ideas alike.
(4 Community elected spots and an Expert team member)
The remaining sub-councils are more active in regards to ideating improvement proposals. They should be experts in their field with deep knowledge of the subject they are elected for. With the help of a professional from the team in its field, they will decide and ideate upon crucial factors that determine the future of the project.
The cream of the crop is gathered in the Main council. Ideally, these members will go over the discussions that each sub-council had. They can then relay this information back to their sub-council to keep everyone posted on the inner workings of the separate groups. Additionally, the main council finalizes decision-making regarding the proposed ideas. The main benefit of this main council is that a member of each sub-division is here, which ensures conversation on the topic from different viewpoints.
The community will have little impact on the committees. The treasury committee and the Legal team will fully be chosen by the Illuvium team, whereas the Risk Management team will be made up of 3 team-chosen ones and a member of the Main Council as liaison. The Team Admin can also be chosen for this role.
As an Illuvium Stakeholder, you are able to vote on each of the sub-councils. You will be able to choose your one preferred pick out of the pool of nominees. It is important that you vote wisely as the major decisions will be made by these council members for 6 whole months! After reading this article, you now know just what you are voting for. Members within each sub-council should understand their specific roles, and you, the voter, should read the nominees' applications thoroughly to ensure they are up to par.
When you have chosen one of each sub-council to vote for, the power of your vote is based on the amount of staked ILV that you have. But regardless of how much power your vote has, it is important that you vote. Voting is balanced so that it pays off to have more people vote. So even if you only have a single ILV staked, your vote matters!
The council of Illuvium consists of members of the community alongside some team members. The nominees must fill out a form to introduce themselves and introduce themselves along with their qualifications. The community then votes on their preferred choices through which hopefully the most capable council members will then be elected. Because of that, I would like to urge you to nominate yourself or talk to someone that you think is a perfect fit for one of the sub-councils. Best of luck to all nominees during this election period!