Foundational investments now, vertical investments later

A few thoughts for consideration:

  1. To prevent multiple votes, there should be a snapshot of wallets eligible to vote as of the start of the Voting Period.

  2. Eligibility should be opt-in for everyone. Otherwise, as-drafted, automatic re-entry should have an opt-out.

  3. Not immediately clear, but if this is an extension of AIP-1 it should explicitly state as such.

  4. Specify time zone.

  5. Specify and define each discrete period: Nomination Period, Voting Period, Elected Term. The phrase “election cycle” elicits some confusion.

  6. Consider process in the event an Elected Term is not completed, either by voluntary or involuntary action (e.g., removal).

  7. Consider what happens if someone withdraws during Voting Period after votes have been cast.

  8. Consider requirements for nomination, if any. Individual? If organization, primary PoC? etc.

  9. Consider fixed $ape cost rather than fixed USD cost. Better economic alignment for the DAO as Special Council pay subject to price exposure.

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