Phase II has happened on Oct 13 6:38pm (UTC) (Unix timestamp: 1602614338)
We had validators voting based on the community input and delegations as weight for their vote. It was a “liquid” democracy in action, where delegates needed to prove their position first by technically running the node and also attracting enough stake. Obviously it was bootstrapped by people who have been long term runners of the Stake Wars (program to educate validators and stress test the network).
There has been a bunch of conversations around the criteria for validators to vote and discussions in the community for how this process was working or not working.
I overall want to start a work group around governance to improve the process going forward. Want to invite both existing NEAR community members and folks from bigger blockchain community who have experience setting up and managing governance for other projets.
First meeting will be about reviewing what has worked and didn’t work about the Phase II vote. Ideally produce a document to inform community on ins & outs and what are lessons to learn from it.
Proposed time: Fri, Oct 23, 3:00 PM UTC
Event to join: https://us02web.zoom.us/webinar/register/WN_V8X7I3wERhq-hG1hGHp8Ig
Or link to create Google Calendar invite: http://bit.ly/phase-ii-governance-review
If you can’t attend or just want to add some ideas / items to the agenda - please respond here.