2 - Establishing a Public Governance Venue and Voting Proxy

This proposal asks whether a public venue be established for the submission and discussion of SHx governance proposals by SHx holders. This vote allows Ethereum-based SHx holders to participate.

Outcome: Q1 FOR & Q2 FOR. The public venue and proxy voter should be established.

Event	Date	Notes
Snapshot Time	Apr 21, 2024 20:00 GMT	Ledger Sequences Stellar: 51,340,493 Ethereum: 19,706,027
Vote Start	Apr 22, 2024 20:00 GMT	First included Stellar ledger: 51,354,854
Vote End	Apr 26, 2024 20:00 GMT	Last included Stellar ledger: 51,412,049
Results Published	May 15, 2024 11:30 GMT
Implementation	H2 2024

Description

This proposal asks whether a public venue be established for the submission and discussion of SHx governance proposals by SHx holders.

SHx holders who are bound by the requirements of the StrongholdNET terms of membership are not invited to participate in this venue.

Background

Wider SHx holdership should be able to discuss, curate, and submit proposals that are put to a a governance vote. A public venue, such as a forum, could be created that allows for the public to discuss proposals. Should this proposal pass, Stronghold will engage with the community to determine a suitable form/software and implement such a venue.

Guidance or rules for how proposals become eligible for a vote are not set forth by this proposal, and are suggested to be a topic for future votes.

Secondly, StrongholdNET members, or other parties bound by the requirements of the StrongholdNET terms of membership, are required to provide feedback and rule change suggestions via the channels established in the terms of membership. Due to this requirement, these parties will not be able to participate in the the newly created venue, nor are they able to participate in SHx governance directly.

To ensure that the voice of the StrongholdNET members are heard in governance proposals, Stronghold seeks to oversee the establishment and administration of a voting proxy, whereby Stronghold can vote on behalf of members according to the relevant terms of membership. Stronghold will not make its own vote via this proxy.

Voting Notes

The vote contains two questions. The first asks whether a public venue be established for the submission and discussion of SHx governance proposals by SHx holders who are not bound by the requirements of the StrongholdNET terms of membership. The second asks whether a proxy voter be established and administered by Stronghold that is able to vote on behalf of StrongholdNET members, and is taken into account only if the first question passes by simple majority.

If the proposal's first question passes, then the proxy voter is established if the second question also passes by simple majority.

While 1 - MCA Origination Fee Burn counted Stellar votes only, this, and subsequent votes, will count votes made on both Stellar and Ethereum.

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Results

A total of 210,227,918 voting power participated in the proposal vote.

Question 1

Should a public venue be established for the submission and discussion of SHx governance proposals by SHx holders who are not bound by the requirements of the StrongholdNET terms of membership?

Response	Position	Votes
FOR	The venue should be established.	164,893,732.27797347
AGAINST	The venue should not be established.	3,265,564.77024
ABSTAIN	Abstain from voting for question 1.	5,692,253.355758299

Outcome: FOR; the venue should be established.

Question 2

Should a proxy voter be established and administered by Stronghold that is able to vote on behalf of StrongholdNET members?

Response	Position	Votes
FOR	The proxy voter should be established.	131,175,309.42257048
AGAINST	The proxy voter should not be established.	35,762,660.224322
ABSTAIN	Abstain from voting for question 2.	6,913,580.757079199

Outcome: FOR; the proxy voter should be established.