The Ethena Foundation can confirm this proposal will be put forward to a tokenholder vote.
Voting begins on the member reduction proposal tomorrow, Wednesday 28th January and will run until the end of day Monday 2nd February. The voting link will be added in the replies to this post shortly. Voting YES will be voting in favour of reducing Risk Committee members from 5 to 3.
In addition, and in advance of the upcoming Ethena Risk Committee elections, we would like to give all current and prospective members the opportunity to make their case for re-election below this post. Candidates are encouraged to showcase their work on prior proposals or protocol governance, outlining resources they would be able to dedicate to Ethena governance going forward, as well as any other ways they might contribute to the Ethena Risk Committee. We invite all suitably skilled and qualified candidates to apply for a position on the Committee in the upcoming elections.
Candidates should demonstrate:
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Expertise in financial planning, investment management, risk management, or blockchain governance, and
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Alignment with the mission and values of the Ethena protocol; and
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No prior breaches of trust with any token community or conflicts of interest.
The Risk Committee member elections will begin on Tuesday 3rd February after the vote on risk committee size reduction concludes.
Newly shortlisted applicants will be subject to screening and background checks, and the Foundation may request additional information as needed, this includes the nominated individual for the applying entity.