Linear Council Election Process

Published on: 07.10.2021
Linear Council Election Process

Linear detailed Linear Council (LC), which will consist of 7 community members to serve as the governing council overseeing the DAO and ensuring it runs smoothly in representing our community.

The Linear Council will act as a gatekeeper for the protocol and will have the ability to veto any propositions that might be detrimental to the Linear ecosystem. The LC will be paid a stipend by the Protocol DAO (pDAO) for their services to the Linear DAO.

A dedicated category will be created in the Linear DAO Forum for “Linear Council Candidate Nomination”. Each Linear Council epoch will be six months.

Please find below a list of recommended roles for the Linear Council members. Note that this is merely a suggestion and that the LC is welcome to set different positions and organize themselves accordingly providing they keep the Linear community up to date.

  1. President that oversees the council and DAO efficiency
  2. Technical Lead that works with pDAO to evaluate technical feasibility and drive for approved proposition implementation.
  3. Listing Lead that researches new assets and coordinates listing/delisting.
  4. DeFi Lead that explores new and current trends.
  5. Community Lead that represents the voice of the community and works closely with our Linear Admins.
  6. Business Lead that focuses on the proposition’s financial impact and tokenomics (if any).
  7. Treasury Lead that works with pDAO on proposition grant/reward distribution.

About Linear Finance

Linear Finance is a cross-chain compatible, decentralized delta-one asset protocol that allows users to get synthetic exposure to various assets, including cryptocurrency, commodities, and market indices. Users can utilize our cross-chain swap functionality to instantly swap assets across leading blockchain environments and DeFi protocols with unlimited liquidity and zero slippage.

📰 INFO

https://medium.com/linear-finance/linear-council-election-process-b9085ed4e64c

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