PIP-39, the proposal to install DAO Oversight of Rewards for Shannon Rollout and Price Milestones, passed yesterday.
The proposal calls for creating a DAO committee of up to three members to oversee the disbursement of rewards for Shannon rollout completion and price target achievement.
If you wish to serve on the committee, please post a short note below. You should introduce yourself, say why you want to sit on the committee, and set out briefly what qualifies you to assess the propriety and reasonableness of the Foundationās decisions on how to allocate the rewards.
Recusal for votes on your own rewards
You may serve on the committee even if you are a prospective reward recipient. But youāll need to recuse yourself from votes on your own rewards.
To understand the committeeās role, youāll need to review PIP-39.
Anticipated workload per reward event: 30 hours or, if there are three members, approximately 10 hours per committee member. Pay rate: $100 per hour.
Self-nomination Deadline: February 18
Deadline for self-nominations is end of the day Tuesday, February 18. A DAO vote will launch the following day (Wednesday) shortly after the weekly Ecosystem call.
Voting Method: Approval Voting
The DAO vote to select committee members will run for seven days at snapshot.box and use āApproval Voting,ā that is, voters will be asked to approve up to four nominees from the list. For example, if there are eight nominees, voters can approve up to four.
The three nominees with the most approvals will be chosen to sit on the committee.
First Runner-up To Act as a Substitute
The first runner-up, that is, the nominee who gets the fourth most approvals, will act as a substitute in cases where one of the three committee members has to recuse due to a conflict of interest. This will prevent deadlocks by preserving the committeeās ability to make majority decisions. In addition, should one of the top three choices at any time and for any reason step aside, either temporarily or permanently, the substitute will take their place - thereby eliminating the need for a (tiresome) DAO vote for a replacement, temporary or permanent, as the case may be.
As the selection of a 4th nominee to act as a sub as noted above was not specified as part of PIP-39 (turns out I didnāt anticipate every possible scenario 
), by approving four nominees, you are agreeing to this use of a substitute.
. Iām a node hosting provider, running infrastructure to support the network, and Iāve also been involved in supporting Morse, as well as contributing to some Shannon components development and beta testing.