Our Councils
Overview
Our councils represent ParagonsDAO’s delegated governance. $PDT holders are responsible for voting in council members to act in the best interests of the community. The councils each have the authority to make decisions within their scope, and $PDT holders show their support (or lack of it) through voting representatives into (and out of) the councils.
All councils follow the same six-month epoch lengths, and are compensated with 10,000 $PDT/month payable at the end of each term.
Councils
Paragons Council
The Paragons Council is our key governing council responsible for discussing, debating implications and making decisions on ParagonsDAO Improvement Proposals (PDIPs) and ParagonsDAO Configuration Change Proposal (PCCPs). In addition, the Paragons Council is responsible for seeking budget approval for any changes with the Treasury Council and initiating execution with the Core Contributor Council.
It consists of 7 elected individuals who serve throughout an epoch. It was established via PDIP 2 - The Paragons Council; delegated voting power for $PDT Holders.
| Multisig wallet | 0x12267aefd8Bb461817Df348CE16c933e76C1Aa0D |
|---|---|
| SAFE | Link |
| Snapshot voting space | Link |
| Voting NFT contract address | 0x37b2E627955A596aE0F1fE2cb21cb498C042A442 |
See our current Paragons Council members here
Treasury Council
The Treasury Council is responsible for managing the ParagonsDAO Treasury including assets, operating expenses and budgets for remuneration, transparently and accountably. They provide counsel and oversight to treasury decisions, and execute financial transactions through the Treasury multisig wallet. This council minimizes attack vectors of centralized risk on an individual provides multi-jurisdiction decentralized governance model without the risk of any single person, while giving the community an open and transparent process in order to review for audit and performance.
It consists of 5 elected individuals who serve throughout an epoch. It was established via PDIP 3 - Paragons Treasury Council; transparent and accountable asset management
| Multisig address | 0xc977CBadD359aE06b236D9581e37fd5A03E54b84 |
|---|---|
| SAFE | Link |
| Snapshot voting space | Link |
| Voting NFT contract address | 0x7F69c5fCFAB47E5996f0cbc796a06afc23A666d6 |
See our current Treasury Council members here
Core Contributor Council
The Core Contributor Council (CCC) is responsible for managing the day-to-day operations and roadmap of the DAO, its Core Contributor team, other DAO contributors, external partnerships, and associated funding and remuneration (in line with budgeting approved by the Treasury Council).
It consists of 5 individuals, who are elected via the Core Contributor team, who serve throughout an epoch. It was established via PDIP 4 - Paragons DAO Core Contributor Council; leadership without borders
| Multisig address | 0x994D91215EC7e6543A770D0278D11B1A61fb52f4 |
|---|---|
| SAFE | Link |
| Snapshot voting space | Link |
| Voting NFT contract address | 0x954e057aff99c1248030e154d2d146f1f78951c5 |
See our current Core Contributor Council members here
Elections and process
Elections are integral to ParagonsDAO’s governance process. To prevent stagnant governance, an election is held each epoch in which $PDT holders can vote for Paragons Council and Treasury Council members. The Core Contributor Council is voted by Core Contributors, and managed separately.
Self-nomination
After elections are announced (at least 2 weeks before the nomination period), individuals who want to run for a council seat must self-nominate in the #nominations channel (which will open after elections are announced) on Discord by completing the information laid out in that channel (including a few simple questions). The self-nomination period lasts two weeks.
A few considerations:
- Nominations by other people will not be accepted.
- Candidates must answer the questions
- Candidates who are currently Council Members must also complete a Self-Assessment and Council Assessment to be eligible to run for another epoch (also shared in the #nominations channel)
- Candidates must respect all communicated deadlines to be eligible
Voting
The voting period lasts for two weeks, and begins one day following the nomination period closing.
The amount of $PDT a voter has at the beginning of a voting period determines their voting power, and they can spread their votes across as many or as few candidates as they wish (the less candidates a holder votes for, the more concentrated their voting power) for each the Paragons Council and Treasury Council elections. Votes can be changed at any time until the end of the voting period.
All council elections are hosted on the ParagonsDAO Snapshot space.
If there are not enough candidates to warrant an election for a council, a vote will not be held for that council and all eligible nominees will pass by default.
Council Inauguration
After the voting results are finalized, new council members will be announced to the community. Council members will be added to their respective multisig wallet, and receive a special NFT that allows them to vote in the respective council’s Snapshot space.