#[PASSED] GCPP-4 Reduce Council Salary & Restore IMC structure

1 messages · Page 1 of 1 (latest)

warm remnant
#

<@&1107754780744487002> Snapshot: https://snapshot.org/#/s:community.ilv-gov.eth/proposal/0xf8a8637f6f1d08c5baeb6371b54648b8a0b2c8b0669de4c6d051132e7c487bfd

<@&814435151307866142> Snapshot: https://snapshot.org/#/s:ilv-gov.eth/proposal/0x6424b29cc70319e96b72abfacf8aaad1bdacf184d0e97d60196dd6da9098c454

Simple Summary
This proposal aims to strengthen the DAO by reducing council salaries and restoring full decentralization to the Illuvium Main Council (IMC), ensuring that all voting power is derived from token stakers.

Overview
The Illuvium DAO is entering a pivotal phase as the broader crypto industry undergoes a period of transition, marked by evolving investor sentiment and increased focus on sustainable growth. In response, the Illuvium Labs team has initiated several cost-optimization measures to enhance long-term viability and operational efficiency.

This proposal consists of two complementary components:
Reduction of Council Salaries And Restoration of Full Decentralization to the IMC.

Together, these changes aim to reinforce financial preservation and governance integrity, ensuring that the DAO remains resilient, decentralized, and community-driven.