Illuvium Council Nominations for Epoch Seven are Now Open to Voters

All $ILV holders have the power to nominate candidates and vote in the election to choose the next five Council members of the new epoch

Nov 11, 2022
by Anvi Saini
Illuvium Council Nominations for Epoch Seven are Now Open to Voters
News

Voters can now nominate members of the Illuvium Council for Epoch Seven. Additionally, Epoch Seven will vary from past eras as Illuvium will feature a 72-hour voting period following a campaigning phase. 

All $ILV holders are eligible to propose nominees and participate in an election to select the following five Members of the council of the next Epoch. The voting period began on Tuesday, November 8, 2022, at 11:00 p.m. (CET) and ended on Tuesday, November 15, 2022, at 11:00 p.m. (CET).

Illuvium Council

The Illuvium Council is a decentralized governance model that the Illuvium community that supervises and decides on the platform's protocol going forward.

The governance architecture guarantees that $ILV token holders may vote for council members who will work in the community's best interests. The Illuvium creators seek to achieve a balance of influence among all stakeholders. It maintains the Illuvium game cooperation between the council members, developers, and the community.

The Illuvinati Council is the official name for this group of elected and trustworthy community members.

Proposed Changes

The platform has been modified many times, and the last round of changes should be the last for a while. The CFO and Illuvium team want to keep the currency runway steady. 

Council payments in $ILV will therefore assist in maximizing consistent currency consumption. Furthermore, the community has said multiple times that they wish to establish a blind voting mechanism using Snapshot to guarantee that the election process is as fair as possible. 

How to Nominate

Submit your candidacy for the upcoming Illuvinati Council Nomination.

1. Submit your nomination using this Google Form, along with a bio detailing what attributes the candidate will contribute to ILV governance. Also included are reasons why an individual should vote for the candidate and a basic history of who they are im maximum of 300 words. 

2. You may nominate yourself or another member of the community. If you decide to nominate another member, please consult with them first.

3. Use their official Discord Governance #council-nominations channel for more discussion regarding candidates or nomination procedures.

4. Further, each member may only make one nomination.

5. The deadline for nominations is November 15, 2022, at 5:00 a.m. UTC.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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