The proposal seeks to extend the council term length in Lithium DAO from 6 months to a full year, starting from the next council term on January 1st, 2024, to allow for the development and implementation of longer-term strategies.
The current 6-month term for each council member has been observed to provide a limited timeframe for the effective execution of long-term strategies and visions for the Lithium DAO. In order to facilitate a more comprehensive and strategic approach towards achieving the DAO’s objectives, a change in the council term duration has been proposed.
The proposal aims to extend the council term from a 6-month period to a 12-month term. This extension will apply to the upcoming council round, with the new term taking effect from January 1st, 2024. The change is proposed to be implemented without any adjustment to the council’s accountability or budget.
The proposed change is not expected to have any technical implications as it primarily concerns the council’s administrative structure. However, it does require the approval of the Lithium community, as it will significantly impact how the council operates and the pace at which the DAO’s strategic objectives are pursued.
The increase in the council term length is expected to allow for a more thorough planning and execution of longer-term strategies. Council members could engage in more in-depth discussions, carefully plan their actions, and have enough time to monitor the outcomes and adjust their strategies as necessary. This could lead to more effective decision-making and progress for the Lithium DAO.
Please refer to our most recent article on Medium for additional information.