The Nebulas council election registration begun on April 20th, 2019. To encourage more people within the Nebulas community to participate in Nebulas Governance and the campaign for council members, we are happy to launch the election assistance campaign.

If you are willing to be a community leader and to join the Nebulas Council, you can still sign-up to become a candidate. The registration deadline is July 7th, 2019 at 3:00pm Beijing time.

To sign-up now, visit: https://forms.gle/aeCKqxSQzJNQ543W8

If you are interested in blockchain governance but you are not sure if you want to participate in the election, you can also choose to join the electoral college and campaign for yourself or other candidates that you support.

There are two ways to apply for the election group:

Write a “Voice of Blockchain” (VoB) article, share your ideas and join the group. To submit a VoB article and to join the group, visit: https://www.wjx.top/m/37162917.aspx. Simply fill out a form detailing your candidacy. If your campaign proposal is left blank, you will be able to join the election group but not participate in the election. To complete the form, visit: https://forms.gle/aeCKqxSQzJNQ543W8

You can participate in the election process with NAT and/or NAS

NAT Canvassing

Community members can vote via NAT to express support or objection to candidates or members of the electoral college.

The Nebulas Foundation has granted 15,000,000 NAT for canvasing rewards. All who vote will receive a portion of the weekly quota of NAT based on their utilized voting power (NAT). Voting will take place via weekly cycles for a total of 5 weeks ending July 7th, 2019 at 3:00pm Beijing time.

Community members who voted can also receive NAT voting rewards via NAT voting. To learn more about NAT voting, visit: https://nebulas.io/nat.html.

NAS Fund Support for Candidates

To become a member of the Nebulas council, all members must deposit a minimum of 100,000 NAS in collateral to assure they act in the best interest of the Nebulas ecosystem.

To support candidates, community members can pledge their NAS to their selected candidates and receive NAT distribution based on their pledge. If the candidate does not become a member of the Nebulas council, the pledge will be returned in full once the election is complete. If however, your selected candidate is appointed to office, your NAS will be pledged for the time the council member is in office which is two years. I

Your candidate can also chooses to share their earnings from being on the council which is a total of 10,000 NAS over the course of two years. NAS pledging will be open until the end of the election period which is July 26th, 2019 at 3:00pm Beijing time.

Community members who choose to pledge their NAS to a candidate will receive weekly NAT. To learn more about NAT, visit https://nebulas.io/nat.html.

Final election time for the first Nebula Council

The final election will take place on July 8th, 2019 at 3:00pm Beijing time. The final election specifics, interface and operational steps will be announced prior to the start of the July election.