Yesterday, the Pyth DAO Constitution was approved through on-chain voting by the community of $PYTH stakers.
Today, the Pyth DAO — the community of PYTH stakers — can look forward to the elections of the Pythian Council.
Learn more below:
What is the Pythian Council?
The Pythian Council is made of 8 members who will be the signers of the Pythian Multisig Wallet.
The Pythian Multisig Wallet has powers to perform actions that are delegated to it by the Pyth DAO. Among others, it will be in charge of approving oracle program updates or changes to the data request fees.
Timelines for the Pythian Council Election
1️⃣ Off-chain nomination are open until Feb 21
2️⃣ On-chain nomination are open until Feb 22
3️⃣ Elections will run until Feb 29
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To learn about the election process and how to nominate yourself, please consult this resource: https://t.co/bWiZkYMwaT
