Synthetix Council Elections April 2024

Synthetix Governance elections will begin tomorrow, April 18th. Your participation as a community member and SNX staker are crucial, as it directly influences Synthetix's direction. Seats on the Spartan, Treasury, and Ambassador councils are all up for nomination and election by community members.

Important Dates:

• Nominations Start: Thu Apr 18 23:37:18 2024 UTC
• Voting Start: Wed Apr 24 23:19:26 2024 UTC
• New Epoch Start: Sun May 05 23:19:26 2024 UTC

Epoch Overview: The governance cycle is structured in 4-month epochs. Councillors will serve for the entire 4-month epoch upon election.

Election Mechanism: Nominations and voting for the councils are conducted entirely on-chain. Visit governance.synthetix.io to participate by nominating yourself, learning about the candidates, and voting.

Councils at a Glance:

• Spartan Council: Central to the protocol, this council votes on improvement proposals and parameter changes. They approve new features and direct the vision of the protocol.
• Treasury Council: Manages the Synthetix Treasury, funding various initiatives and managing stipends.
• Ambassador Council: Represents Synthetix in the wider Ethereum, Optimism, and DeFi governance communities, advocating for Synthetix & ecosystem interests in external governance.

Please note that the Grants Council has been removed as an elected body, as it was reconfigured to be appointed by the Spartan Council in SIP-364. If you want to apply for the new Grants Council role, visit this application.

Each council plays a pivotal role in our governance framework, driving the direction of Synthetix.

Council Rewards: Active council members are awarded a monthly stipend of 2,000 SNX. This reward is set by the Treasury Council and can be changed at any time.

Participate in the Process: We encourage every community member to get involved, whether by nominating yourself for a council position, voting for candidates, or directing questions to potential councilors on Discord. Your participation is crucial in shaping the future of Synthetix.

SNXWeave Spartan Council Panel: SNXweave will be hosting a LIVE panel on April 25th at 9pm UTC on Discord to hear from the Spartan Council incumbents and candidates and discuss hard-hitting questions posed by the community. Tune in to hear them talk about their vision for Synthetix and what they'll do as council members!

• If you'd like to propose questions to be used in the panel, use the SNXWeave form.

Community Governance Call: Join us on April 24th at 9pm UTC on Discord for the Community Governance Call to discuss the upcoming elections and any other governance-related topics.

Any Questions? If you have any questions, join the conversation on Discord.