FTW-IP04: FTW DAO Council 2023/24

The top 7 candidates will be elected as FTW Association board members for the period beginning 10th of July 2023 and ending 10th July 2024. The elected council will also work with the next year’s elected council to smoothly handover operations in 2024, and may be asked to extend their term for up to 8 weeks to enable full handover, depending on the timing of 2024 elections.

Please find the nominees in the document linked below.

Role Description & Responsibilities

The council members:

• ensure the minimum-viable operations of the DAO
• are our champions
• do not control the DAO. They only provide a framework and stability for compliant and smooth operations
• ensure basic legal, compliance, tax, and reporting obligations
• have to manage the budget, with a range, as agreed, and voted during the AGM.

Obligations & Accountability

9 meetings in the calendar year, with a longer break over Christmas and New Year, and an extra meeting before the end of the financial year to plan for financial reporting, the AGM, and the nomination and re-election of the council. These meetings will be scheduled at the time of the previous meeting (e.g. ca. 6 weeks in advance).

Excluding genuine emergency situations, each member should be able to miss a maximum of one meeting in the year, without consequences, as long as they notify the council coordinator prior to the meeting and have contributed to meeting notes and talking points. Members that miss a second meeting will be requested to review their commitment and ability to fulfill the role and discuss with the council at the next meeting. Following this discussion, it will be decided by council vote, whether the member is still the best person to fill the council position, or whether a reelection for the role should take place As the first order of business after the election, the council has to work out tangible OKRs and put those to a DAO discussion within 14 days of the election. OKRs should ideally be ratified by the DAO within 30 days of the election.