MANTRA Governing Council Cycle 2 New Terms & Changes

On August 18th, 2022, we celebrate the second birthday of $OM, and the first two-year term for the MANTRA Governing Council will come to an end. As we begin Cycle 2 of the MANTRA Governing Council, we are proposing the following to take effect immediately on August 18th, 2022 should the proposal pass.

• Appointment of MANTRA Governing Council for Cycle 2; and
• Expansion of Maximum Council seats from five to nine.

I. Appointment of MANTRA Governing Council for Cycle 2

First, three of the MANTRA Governing Council from Cycle 1 and those responsible for all the day-to-day strategy and operations for the project, John Patrick Mullin, Will Corkin and Rodrigo Quan Miranda, have agreed to serve a second term.

Second, the current MANTRA Governing Council officially nominates Jayant Ramanand, Dustin McDaniel, Mark Cheng, and Alessio Quagliani to newly join the Governing Council for Cycle 2.

These nominees are all exceptional individuals who have made substantial contributions to MANTRA over the last two years. We are fully confident that they are the best candidates to fulfill the roles and responsibilities within the MANTRA Governing Council and the further expansion of the ecosystem globally.

MANTRA Governing Council Cycle 2 Seats:

1. John Patrick Mullin - MANTRA Co-Founder - Second Term
2. Will Corkin - MANTRA Co-Founder - Second Term
3. Rodrigo Quan Miranda - MANTRA Co-Founder - Second Term
4. Jayant Ramanand - Staking & Infrastructure Lead - First Term
5. Dustin McDaniel - Head of Community - First Term
6. Mark Cheng - Founder of GameFi Ventures & Senior Advisor to Animoca Brands - First Term
7. Alessio Quagliani - Founder & CEO of Hex Trust - First Term

II. Expansion of Maximum Council Seats to 9

As MANTRA grows, expanding the maximum number of council seats to nine will allow for more voices and minds to improve MANTRA’s governance, grants and ecosystem goals. It also means more decentralization in our collective decision-making abilities as well as bringing in fresh ideas.

We will run this proposal for 7 days (168 hours) commencing at 10:00 EST on August 10th, 2022 and will have the proposal take effect immediately on August 18th, 2022 at 10:00 EST should the proposal pass. This will allow us to begin the second cycle of the MANTRA Governing Council with our new Council in place.