OffChain Luxembourg
Governance Meeting
06 NOVEMBER 2024 / 7:00 PM
DECISIONS
The members present unanimously agreed upon an initial governance framework for OffChain Luxembourg, effective from Monday, 11 November 2024.
- Governance Levels: The framework consists of two levels: the Strategic Level and the Operational Level.
- Strategic Level:
- This level holds full autonomy and accountability for all association-related topics and budgets.
- It has the authority to delegate specific responsibilities, tasks, and budgets to the Operational Level.
- All members of OffChain Luxembourg ASBL participate at the Strategic Level, with voting power determined by the formula:
1 person = 1+k(OCL staked/Total OCL staked), where k is currently set to 1.
- Operational Level:
- The Operational Level is structured into Nodes, each led by a designated lead.
- Each Node has autonomy and is accountable for the responsibilities, tasks, and budget allocated to it by the Strategic Level.
- Each Node manages its own internal organization and decision-making processes.