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Linear FinanceLinear Financeby0xD7af2c155944660E773B6A031B71A4c8166152230xD7af…5223

Linear Council (LC) Voting

Voting ended about 4 years agoSucceeded

Voting to elect the first members of the Linear Council.

The Linear Council is voted upon by the Linear community and is the governing council composed of community members who are heavily invested in the Linear Ecosystem and its future.

The Linear Council is responsible for overseeing the Linear DAO and serves to ensure it runs smoothly in representing the community. It also acts as a gatekeeper for the protocol and can veto any Propositions that might be detrimental to the Linear ecosystem.

Linear Council community members serve for 3 months and are expected to vote on >90% of all ℓIPs/ℓLPs that are approved by the community. Failure to meet that expectation can result in replacement after the term. Members of the Linear Council will receive a stipend for their dedication to the Linear DAO process.

The Linear Council is granted 21 days to review all successful ℓIPs/ℓLPs. During this time they will determine feasibility and timelines, and if applicable funding, in coordination with the Linear Protocol DAO and ultimately approve the ℓIP/ℓLPs.

Nominee descriptions can be found on the Linear DAO Forum (Link below) https://forum.linear.finance/c/linear-council-candidate-nomination/9

Off-Chain Vote

JP - The DeFi Diplomat
771.41 11.9%
Sam - The French DeFi Wizard
2.33K 35.8%
Captain Trips - Community Lead
2.64K 40.7%
CK - Treasury/Marketing Consult.
750.73 11.6%
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Timeline

Jan 25, 2022Proposal created
Jan 25, 2022Proposal vote started
Feb 01, 2022Proposal vote ended
Oct 26, 2023Proposal updated