ShimmerGov

This is a statement from the Tangle Community Treasury Committee and looking forward to seeing things move forward 💪 tangletreasury.medium.com/tangle-communi…

🚨 Hello Community!!! 🚨 Let's get a consensus 🏛️ Should the Tangle Treasury use its $SMR to vote 'Abstain'? The current SMR votes are 99% 'Yes'? We will keep this vote open until Midnight tonight CET Time. *Note: This poll will be open through the voting period. If at any time it is clear the community votes against it, we will remove the tokens. A few things: 1⃣ The consensus is clear in favor of the Treasury. 2⃣ Dom always used TEA tokens to meet Quorum in the past; however, he just happens to be away this time and can't vote. 3⃣ With EVM, it is clear that the active voting community has tokens in the DEFI LPs, which deters voting. 4⃣ This 5% was not only established before an EVM, but after the last vote, the Governance group planned to lower the quorum percentage. However, for some reason, the Thursday meeting all of a sudden where shut down. 5⃣ These tokens are only to vote for 'Abstain', not to vote for 'Yes' or 'No'.

@rekroChe @TangleTreasury @shimmer_academy It is to push the quorum over 5%. We could also vote No and it wouldn't change anything

@TangleTreasury @shimmer_academy Confusing poll. if i want the treasury to vote abstain, i need to vote Yes and not abstain, right?

@cheerful_nicole @TangleTreasury For IOTA 2.0, we might also choose a different metric, like % of delegated funds (of course not just 5% then). Doesn't make too much sense to count tokens that are rotting in some cold wallet. But thats something the community has to decide

@TangleTreasury As an ecosystem we need to determine the definition of the circulating supply. It shouldn't be the total supply, because we have a large amount of the supply locked with timelock conditions, and on Shimmer funds have been bridged to the L2 EVM.

Good Morning!!! Let's look at this complicated situation 🙀: When the governance framework was written, which has never been ratified by a Phase 3 vote, it stated circulating supply based on a fixed supply of 2.77 billion IOTA's. Then, the supply was inflated without any governance community vote, and the circulating supply is 3.12 billion IOTA's. Percent Quorum as of Today: ➡️Supply 2.77 = 5.4% ➡️Supply 3.12 = 4.75% This is going to be a PR disaster for our ecosystem. Worst, the no votes are simply not voting, the minority trying to outweigh the majority by simply not voting and gaming the framework. The community wants the Treasury. I hope, we, the community, can push this way over 5% to avoid this public relations nightmare 🙏.

@cheerful_nicole @bloomwalletio Thats certainly another method! Through I think firefly isn't to blame for this, looks like a node issue.

@ShimmerGov or download @bloomwalletio 😉🌸

You want to vote but your #Shimmer wallet looks like this? Click on "Add proposal", paste shimmer-node.tanglebay.com and check both boxes!

Discover the rationale behind our choice to make the Tangle Community Treasury Discord accessible to all community members, and the collaboration we foster by doing so. 👀 Read on: tangletreasury.medium.com/be6dea144383 Join us on Discord: discord.gg/FVHz2cR8Wg #IOTA #Shimmer #ShimmerEVM #Governance

It's happening!!! Governance participation is really getting active. Don't forget, this is just the announcement phase! Time to show our voices, let's take this to the next level!!!! #CastYourVotes!!!

2. The #TCT is doing open and transparent discussions in their Discord. However, does the community just want to do an open-meeting (voice channel or AMA) with the market maker? The @TangleTreasury can reach out to the Market Maker and try to arrange this. #Transparency

1. To position $IOTA and $SMR for Alt Season three different Market Maker suggested being on as many 'good' Asian Exchanges as possible. Should the @TangleTreasury focus on this #Asian strategy with the 2024 to 2025 token allocation?

The @TangleTreasury is having some great open transparent discussions about Market Making and Exchanges in their discord: discord.gg/8rrKF7b4 What is the community consensus regarding $IOTA and $SMR this Alt Season, let's take a poll 💥🎉! 👇

Yup, $IOTA and $SMR, we have some governance votes!!! Download or update your Firefly or Bloom wallets for the latest Governance votes! Set your voting power with #IOTA and #Shimmer. The announcement phase is open. Official counting starts on 18 March! #LetsGovernTogether

📣 Dear #IOTA & @Shimmernet community members! Starting March 11th, participate in the IOTA Governance voting to decide on 3 proposals for the Tangle Community Treasury and Grant Committee. Read about them in depth 🔗blog.iota.org/governance-vot…, or 🧵⤵️

Just a few hours left to vote for these proposals on the forums‼️ -Tangle Treasury 2024 budget: govern.iota.org/t/igp-0002-sgp… -Grant Comittee reviewer election: govern.iota.org/t/igp-0003-sgp… -Grant Committee lead election: govern.iota.org/t/igp-0004-sgp… Make sure your vote counts!

The community poll has spoken! We will open the Tangle Community Treasury discord to the public to discuss community treasuries and governance! Keep your 👀out for when a Tide task requires you to join the server. #LetsGovernTogether

#LetsGovernTogether! Join us tomorrow for our weekly #IOTA/#Shimmer Community Governance meeting on Discord, where we delve into the exciting world of #Governance. @ShimmerGov 📆 Thursdays @ 4PM CEST 📍#GeneralVoiceChannel discord.iota.org

Counting is live for the #IOTA and #Shimmer Governance votes. Currently, we have a clear opinion in the Community. But - we need more votes and higher participation to pass these proposals for the community. So get your Ledgers out and participate @shimmernet @iota

An update from the TCT, For one, I @Deep_Sea_Iotan apologize for not completing the quarterly report. I am running behind currently, but I am working to get it completed. I want to give an update on where the Tangle Community Treasury stands today. @shimmernet #IOTA #Shimmer

With the loss of @kowei1995, who is moving on to representing #Shimmer and #IOTA in the South East Asia region for the Tangle Ecosystem Association, we are pleased to communicate that Umair will become the new committee reviewer. #LetsGovernTogether #YourRepresentatives

We are approaching our goal of giving the #Shimmer and #IOTA community decentralized control over their treasuries. To introduce what this post describes the concept we developed together in the #IOTAcommunity Governance group @ShimmerGov please read govern.iota.org/t/governing-th…