Illuvium DAO is governed by its councils. Governance v2 has established 4 sub-councils to assist in DAO governance and enhance overall decentralisation. Once sub-councils are established, sub-councils will choose 1 member to move up to the IMC (Illuvium Main Council) where the protocol votes are finalised.
ILV Gov V2 ILV Council Purpose ILV Council Election Process
Each wallet address will be allowed to vote for a single Candidate where the number of votes cast will be determined by the following formula: C = N² Where the cost C is measured in vILV balance, which calculates ILV in staking + ILV representation in ILV/ETH staking + Locked ILV (for investors and team) and N represents the number of votes cast for that candidate
Choose an option below and sign with your compatible wallet. Weighted Voting is now implemented - It is the most customized voting type. Here, a voter can distribute or delegate his voting power among any number of choices as per their wish or a single vote of 100% as well.
ICCP-7 Weighted Voting for Epoch Elections IIP-26 Staked & Vesting Wallets