New v4 Governance (council) Structure and Plan

I appreciate your perspective, @Phoenix, but I also see value in the proposed structure, and here’s why:

Firstly, while it may seem complex, it is designed to be efficient once set up correctly. This isn’t an unproven or experimental approach, but one that has been successfully implemented and tested by Synthetix over the years. The model has shown its merits and that’s why we are proposing it.

As for the roles of the councils, they each have distinct functions. The Trading Council, for example, would handle matters such as voting on relevant proposals and inducting members into the Protocol DAO. The Treasury Council, on the other hand, would manage the treasury, which involves strategic decisions and deal-making to ensure the funds are used wisely and grow over time.

The Marketing, Communications and Growth DAO would have a broader mandate, encompassing a range of responsibilities including but not limited to: affiliate system management, market analysis and strategic planning, partnerships and integrations, new market opportunities, user retention and expansion, performance metrics and reporting, regulatory compliance, marketing strategy and campaigns, brand management and public relations, community outreach, education and content creation, and partnership development.

The Ambassadors Council would focus on promoting the protocol, fostering relationships with other entities in the ecosystem, and advocating for partnerships. The specific responsibilities of this council can be further defined as we move forward.

In essence, the goal here is to leverage the diverse expertise of the community by creating specialised groups that can focus on distinct areas of the protocol’s operations. This can lead to more informed decision-making and efficient execution of tasks.

I hope this provides some clarity on the proposed structure.

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