Elys Network Governors

About Elys Network Governors

Governor General Information

Governors are responsible for voting on governance proposals. Users who delegate (stake) their ELYS tokens with a governor can increase the voting power of a governor. The governor votes on behalf of the users who delegate to that governor, unless the user elects to vote individually from their wallet. The voting options for an on-chain governance proposal are:

• Yes

• No

• No with Veto

• Abstain

Governor Expectations

• As a crucial member of the governance and decentralized structure of Elys Network, governors are expected to maintain an active role in the community by engaging with their stakers and community members, and participate in all on-chain governance.

• Governors are not required to operate a node in order to vote. However, governors who seek to earn or maintain foundation delegations should consider providing network support, as mentioned in the Governor Foundation Delegation Program criteria

• Join the Elys Network socials to receive up-to-date information on governance

Active Governor Set

• Currently up to 100 active governors (can be changed by governance)

• ELYS Tokens to stake to be active = more than last active governor

• Tokens may be self-delegated or from external wallets within the community. The minimum self-delegation is 1 ELYS