According to Foresight News, the Arbitrum community has initiated the first round of voting for its Security Council elections, with candidates receiving over 4.72 million votes advancing to the next stage. The first round of voting will last for five more days, with the final round taking place on October 6th.
Previously reported by Foresight News on September 4th, the Arbitrum community had passed the 'AIP 6: Security Council Election Proposal Implementation Specification' through on-chain voting. The Arbitrum team has developed a smart contract system to facilitate on-chain voting, with the purpose of this vote being to enable the smart contract system for elections and conduct a temperature check with the DAO. Successful votes will result in on-chain proposals. Regarding the election process, the 'Constitution' stipulates that Security Council members are divided into two groups, with the election procedure involving the replacement of six council members every six months. The process is divided into election stages and update stages, both of which are executed through on-chain smart contracts. The election stage includes seven days of nominee selection and 21 days of member elections, with the top six nominees being chosen and then entering the update stage.
The vote also involves amendments to the Arbitrum Constitution text, including the charter and Article 4 of the Constitution. The first Security Council election is expected to begin on September 15th, replacing the initial batch of council members. The proposal states that the Arbitrum Foundation election complies with Cayman Islands law, with a compliance process time of 14 days. Candidates for elected council members should not exceed three individuals or entity groups, ensuring that no single entity or entity group can control or even veto council votes. Additionally, any candidates with conflicts of interest should not be elected as council members.
