Illuvium DAO is governed by its councils. Governance v3 has established four committees and one community council to assist in DAO governance and enhance overall decentralisation.
ILV Gov V3 ILV Council Purpose
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 customised 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.
ILV Gov V3 ICCP-7 Weighted Voting for Epoch Elections IIP-26 Staked & Vesting Wallets