CFC Nomination Thread (February 2023)

CFC Governance
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Hello Firofam!
Welcome to the new nomination thread for the community fund committee!

The Firo Community Fund was created to bring greater decentralization in funding to the project by creating an independent fund from the block reward run by community elected members. To date, the Community Fund has assisted with funding the Lelantus Spark audit, and various community management roles and assisted the core team in market making, research, and development expenses.

Due to the Community Fund being a new introduction, it was decided that for the first round of Committee Members, the role would only be for 6 months after which there would be a new election and thereafter it would be for 1-year terms.

At this time, our current CFC members have passed their elected time and a new election needs to be held for the CFC.

Of course, these current members have every option to rerun for their positions, but this is your chance to throw your hat in the ring! Feel free to also nominate who you think would be good for the role! If anyone would like to nominate someone for a CFC member position or nominate themselves, please post in this thread along with an introduction of who you are, why you think you should be a CFC member, and what you would like to see the community fund used for.

This nomination thread will last for ONE MONTH! Once we have everyone that is running, we will follow this up with the official election for the new membership!

NOMINATION LIST:

@nrsimha / @Nrsimha / @nrsimha#8734 (Reelection)

@sproxet / @sproxet / @sproxet#5932 (Reelection)

@Fiendish / @FiroFiend / @Fiendish#6111 (Reelection)

@RyanApeFiro / @moviecheff / @ry_alt#6800 (Reelection)

@rehrar / @rehrar / Diego “rehrar” Salazar
#2959 (Reelection)

@rasikhmorani / @rasikhmorani / N/A (Relection)

@JereTitor / Jere / N/A

@devwarrior /@Dev_Warrior /@devwarrior#5709

@Eagle / @eagleblac / EagleKARTAL#2419

For those that are unaware of this, I will do my best to summarize it all for you, and I will further still explain the requirements for running for a committee seat!

Brief summary of how the CFC came to be

Firo held a multi-stage vote from the community to adjust the tokenomics and create the Firo Community Fund. This lasted for several months, with several vetted polls, to ensure that it was truly the community’s will. Once the Community Fund was created, it was acknowledged that until we can get quadratic voting up and operational for it, in the interim we needed a committee of the community elected community members to determine where funds would go. The committee is made up of 7 members, and we have had 7 for the last 6 months.

After the nomination phase, there is a separate period for vetting each nominee, along with an interview, which will be shared with the community that assesses the eligibility of each member but also assist the community in determining which nominees match their voting goals. The live interview can be done via text or online meeting. The questions for the interview will cover why they’re believers of Firo, their understanding of Firo tech, more about who they are (without doxxing requirements), and their vision of how the fund should be utilized. For those who aren’t immediately recognizable individuals of the community, we will ask for proof of being an active part of the community for at least 1 year.

With those details out of the way, let’s cover the responsibilities and requirements of a CFC member.

Responsibilities of Community Fund Committee members

  1. To decide along with taking into account community feedback on how the community fund should be utilized.
  2. To help evaluate community requests for funding, do due diligence on applicants applying for funding, and obtain all necessary information to ensure sufficient detail for the scope of work.
  3. To evaluate and approve payment of milestone requests
  4. To make all reasoning of the CFC for approval/rejection public
  5. CFC can request for core team’s feedback and opinion on proposals.
  6. To always conduct themselves with professionalism without resorting to personal attacks or insults.

Minimum requirements to be eligible to be a committee member

  1. Be a recognized and active community member of Firo for at least a year, OR a recognized industry expert/specialist.
  2. Solid understanding of Firo’s technology stack and current roadmap and goals
  3. Cannot be a current full-time member of the Firo core team. Part-time contributors or contractors of Firo’s core team are allowed but must be disclosed.
  4. Be able to attend a CFC meeting once a month or appoint a proxy to do the same (though proxies should be used sparingly).
  5. While a technical or development background isn’t required, having a few committee members with some coding background would be helpful in evaluating proposals.
  6. Be able to read, check and vote on proposals for funding at least once a week.
  7. Be 18 years old and above.

Removal of CFC Members

  1. If a CFC member is suspected or found to have been involved in fraud or scam or other deceitful behavior, the other CFC members can vote to remove them via majority vote.
  2. If a CFC member has acted in a manner that is an unbecoming or unprofessional manner, the other CFC members can vote to remove them via a majority vote.
  3. If a CFC member is absent for 2 meetings in a row without due cause, they shall be removed automatically.
  4. If a CFC member has continuously failed to vote on proposals for funding, a vote shall be held at the next CFC meeting by the other CFC members on whether to remove them.
  5. If a CFC member is removed, nominations should be open for the spot for the remaining term.

Meetings, Quorums, and Voting

  1. A meeting should be held at least once a month with CFC members. The purpose of this meeting is to discuss proposals or to choose how to allocate the FCF funds or any other matters arising. Given CFC members may be in different time zones, this should be taken into account when determining the time of the meeting and the opportunity to take turns for amenable timing.
  2. Core team members or their representatives should always be allowed to observe and attend all CFC meetings, but shall not have a vote unless otherwise specified.
  3. The minutes of these meetings shall always be publicly available.
  4. The meeting can be conducted by text or online meetings.
  5. A quorum should be 5 members. Votes are passed using a majority of votes. In the event of an equality of votes, the core team shall have a casting vote.
  6. Proposals for funding can be approved without the need for a meeting and shall be voted on in the proposal thread itself.
  7. When voting for or against a proposal for funding, all CFC members are required to state the reasoning behind their choice.
  8. Anyone can open a proposal for funding, including CFC members.
  9. If a CFC member is an applicant for funding, the member cannot vote on that proposal. Also, if a CFC member has a close relationship (e.g. family member, best friend, significant other, spouse) with the applicant for funding, the CFC member should disclose the relationship and put it to the other CFC members to decide whether the member should be allowed to vote or choose to abstain voluntarily.
  10. If the CFC wishes to make funds available to the core team to assist them (for instance to cover a shortfall or to pay for a specific employee to retain them), a higher vote threshold is required, which is 5 members out of 7 instead of the usual majority of votes.

General Guidelines to Community Fund Usage

  1. Trust needs to be earned. While anyone can propose to be funded from the FCF, the person’s track record needs to be evaluated, the necessary due diligence needs to be taken, and milestone payments adjusted appropriately.
  2. The CFC can choose to employ contractors to embark on specific tasks, but shall seek community feedback. Where it involves core code, the CFC has to consult the core team.
  3. The CFC should not be used to host parties or purely social events. Educational or awareness events are okay but should be done with appropriate evidence and not paid upfront.
  4. The CFC is to be used and while there shouldn’t be pressure to spend the CFC funds, the CFC funds shouldn’t be hoarded.
  5. CFC funds should always be utilized for the benefit of Firo. Research or development that does not directly benefit Firo should not be undertaken.
  6. CFC funds should not be used for giveaways, even for the purpose of promoting adoption or participation. These have limited effects.
  7. All CFC expenditure has to be disclosed. Contractors that prohibit this should not be engaged.
  8. Should the CFC deem fit, FCF funds can be burnt by sending them to this burn address. (Insight)

What the CFC is NOT

  1. The CFC are NOT representatives of the opinion of the Firo Community. They are only tasked with matters to do with the Community Fund and do not replace the usual process of getting feedback from the general community and core team in implementing large changes.
  2. The CFC shall not represent itself as core team members or as representatives of the project.
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I started investing in FIRO since 2020. Own multiple masternodes & was a miner when algorithm was mtp on mintpond since the switch to firopow it is not so profitable for me so instead I mine other coins & sell them for firo. Was doing solo self marketing for firo on multiple forums for some time. Making right decisions is critical in this moment of time and would like to take a part of it as cfc member. I would like to see community funds used to close the source of the whole project. And continoue development as closed source. Since there are evidance that other coins with better world connections & marketing are copying the code investors put theyr money into. And have been ranking high above FIRO-s ranking. Also would like to debrand back to Zcoin and enjoy multi-milion marketing Zcash has that would also solve marketing issues.

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The current community funds guardians are doing great job. Eventhough I was new here but I can see every fundings or proposal had all been through thoroughly discussion and most of the aspect has been discussed and analysed. This is the most solid and transparent organisation that I had every came across. So I definitely will support the existing board to continue their great work. However, I do not really understand on certain projects that especially on Community Fundings to support development or core team, I do think that since it was the community funds that helps on to the development then It will be more fair should the expenditure being clearly listed and also proves of payment made and received. Since we claim to be a community base project it would be the best to gave everything more transparent.

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I hesitate to post this as I’m not sure if this can be used as constructive criticism or not. Unfortunately I have become as disenfranchised with firo’s governance as I have with that of my own country. We need a much much stronger influx of new applications to the CFC. Further,
anyone applying should be thinking strictly about how they can use their skills for the betterment of the project. It should never be something you want to do to satisfy your own ego. Put it this way, if you don’t think you can contribute to something at a higher level than what Ruben was capable as project steward, then don’t apply. It shouldn’t be about just filling out the next best thing to Ruben stewardship; this should be about finding the absolute best members of the community, who are going to work the hardest to advance the project to the level it deserves to be at. Rant over

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I think @reuben will definitely gonna be super busy as anything and everything will gonna be related to him. @reuben Bro you’re superman indeed :rofl:.

I think i will need to agree to disagree. First of all the election and nomination of CFC guardian shouldn’t be an agenda about anyone’s but rather than a Firo’s Project as a whole. CFC members I think the most important quality that they should have is impartiality and always make decisions in light of the Firo’s community benefits rather than about anyone. I agreed that towards certain extend that CFC members should support and prioritize the Core Team needs as without core team there wouldn’t be Firo today. But however blind idolised as if to follow with check&balance will be another thing.

Like Reuben, when seeking for CFC fundings to cover up core teams deficits during the bear market, he did make it openly and public which I think his standings of making everything clear and transparent is an example or.maybe a precedent for all predecessor. I do not criticise nor saying your point wasn’t valid but I think it is better to make it clearer than someone eventually got misunderstanding and having the wrong idea that core team members can have immediate access to FCF when in need.

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I would also like to ask, can you clarify what aspects about those currently part of the CFC are disenfranchising you? This kind of information could be beneficial to not only any new members, but also for the ones running for reelection. I would really appreciate it, Obfustake, and thank you for taking the time out to already write up a message. :slight_smile:

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Hey everyone! I just want to clarify something real quick!
You can nominate yourself for the role, or someone can nominate you! Of course, if someone else nominates you, not only do you need to ACCEPT that nomination, but you still need to meet the requirements/eligibility described above! If you do not explicitly accept the nomination (if someone else nominated you) then nothing will proceed until you do! Only you know whether you’re the right fit for the role. If you’re interested in nominating someone for the role, you can do so without fear because it is ultimately their choice if they accept that nomination and no undue burden will be placed on them!

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Hey there, JereTitor, I have added you to the list of nominations. Thank you for offering your time and energy for the CFC! Best of luck!

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Love it! <3

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Pretty sure @devwarrior would do a good job!

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@BrotherJ
Maybe throw your hat in?

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Reuben was and is doing extraordinary work for Firo, honestly it would be hard to find people capable or even willing to do more then him.

I think everybody who wants to help Firo through CFC and fulfills basic requirements can apply.

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+1 Vote :+1::heart:

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Thank you Fiendish, this time around I would like to help Firo by serving on our CFC council. Last election I could not give the time – now I am more free. Many of you know me … I am technical … many years a software designer at a large global company and applied that to learning about how bitcoin ‘worked’ around 2016. Although I did teach myself the basics of cryptographic constructions a few years back I would mostly leave that side to others but if it is a code proposal in the Firo blockchain space I can give good analysis to the team.
My generalized knowledge of the space is also quite wide since I spend many hours a day on crypto and market related reading.
Many of you know I am quite opinionated … I remain so but I think my attitude has improved :wink:
I hope to serve you on the council many of whose members are familiar to me to make Firo Great Again!

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To be completely fair I am only but one person and while I may have gathered experience from running Firo, I am stretched thin so appreciate community members chiming in and going on to start initiatives, especially when it relates to outreach and stuff that is not related to the nitty gritty of core development.

Another thing is the whole idea of why I brought up the idea of the CFC is to begin training and educating the community in making decisions for Firo. While I intend to serve Firo for as long as I can and as long as people want me, Firo needs to carry on regardless of whether I am in it or not and this is a way to start building a culture where community members take responsibility. If I’m the only person who keeps on calling the shots, then Firo cannot progress.

Of course, as someone who has gone through a lot, sometimes as Firo sometimes feels a bit like my ‘child’, I hate to see it go through mistakes I’ve already made in the past hence would chime in but at the end of the day, some lessons need to be experienced to be learnt. Mistakes will be made along the way but with a responsible CFC, these can be minimized.

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I’ve added you to the nominees, DevWarrior. I’m glad to hear you have the time to offer your time and services to the CFC!

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Hey @devwarrior, very happy you entered the race. It’l be good for Firo to have a trusted long standing community member join the CFC. Best of luck!

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Thank you all for your faith in me.

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@JereTitor do you have a telegram and/or Discord? If so, can you tell me the handles, please?

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Telegram is Jere

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