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Aelin Council March Elections

Voting for the Aelin Council, the governing body of the Aelin Protocol, are now open. The epoch will last three months, from April 1 to July 1.

All members elected to the Aelin Council will be paid .2 AELIN per month, which is approximately $4,000 at current values.

Voting will close on April 1st, please act quickly if you're interested in being elected to the Aelin Council.

https://aelips.aelin.xyz/aelips/aelip-2/

Aelin Council Responsibility Summary

The Aelin Council is the governing body of the Aelin Protocol.

The Council consists of 5 members voted in by $AELIN token holders and LPs for an epoch lasting three months.

The Aelin Council is responsible for managing the protocol treasury, paying core contributors and third-party auditors/ developers, and voting on community, protocol, and governance-related proposals.

Each Council member will receive a monthly stipend of 0.2 $AELIN at the end of each month of service.

Aelin Council Elections Timeline

March 18 - Nominations for the Council will begin. All nominations are to be done in the #aelin-council nominations channel. Anyone can nominate themselves and pitch themselves to the community. Include your ETH address and tag “Matt | Aelin”

Nominations will take place over seven days. All nominations can be viewed on google sheets

https://docs.google.com/spreadsheets/d/1sEpME5iCBr6mQka2vnF9WYRsmGDhEr3heiz_XOiFxg0/edit#gid=0

March 25 - Elections will begin for the nominations provided in the #aelin-council-nominations channel that has an ETH address provided.

Voting is done on snapshot - Any staker or LP has the ability to vote. Connect your wallet and you’ll be able to vote immediately.

https://snapshot.org/#/aelincouncil.eth/proposal/0x224cabac7707e2fffe31625cb506f506dbdac63914163e9a015a73fb3eabb854

April 1 - Elections will conclude, and a new epoch will begin for the Aelin Council.

Elections will take place over Snapshot. A tutorial and further announcements on voting will follow.

Nomination Guidelines

Please nominate yourself in the #aelin-council-march22-nominations channel on the Aelin Discord. You must tag "Matt | Aelin” and post your wallet address (or ens) that you can vote from (and receive stipend payments). It’s recommended to include a pitch so the community knows why they should support you.

Voting Eligibility

As per AELIP-2, staked AELIN and staked AELIN LP tokens are eligible for voting rights. Please stake your tokens ASAP if you would like to vote.

All voting will take place over Snapshot. A subsequent announcement will be made once voting has begun.

Any Questions?

Head over to our Discord (link below) to ask questions regarding Aelin or the governance process.

https://discord.gg/ARK7Pmz7Kf