Threshold Committee election nominations – first epoch

Thanks for the nomination, @Eastban. I’ve greatly enjoyed our work together on the Treasury Committee the past two years and appreciate your willingness to partner on tackling challenging issues.

It’s fantastic to see so many excellent nominations here, including the newer faces, and I’d like to add my name and experience to the list for one of the 6 compensated seats.

My background in Web3 & Threshold

My career includes 25+ years leading product, business development, marketing and operations efforts, from smaller companies (including several startups) to American Express to Consensys, I’m an angel investor in a number of Web3 companies and have been a mentor for the Tachyon Web3 accelerator.

I’ve been involved with Threshold since inception, having been an advisor to Keep starting in 2017 and an active tBTC staker since inception in 2020 (and my entire stake continues in support of TACo’s customers – and the product and team’s exciting future). I co-founded the Marketing Guild with @MrsNuBooty and led several iterations to improve the structure. In addition to serving a year on the Council, I’ve been a very active member of the Treasury Committee since November 2022 and also served for more than a year on the Integrations Committee.

I strongly supported the recent TIPs 92, 98, and 100, helped forge consensus around the staking rewards changes and worked with the DAO restructure group to support the transition to tLabs and a greatly reduced but sufficient DAO infrastructure (TIP-103). I’ve also authored numerous TIPs and helped nearly all through governance process the last 2 years.

What I can contribute to Threshold Committee

With fewer DAO roles and hours, a single committee, and combining much of the former treasury committee plus the Council’s responsibilities, it’s more important than ever that the 6 compensated committee members we elect are experienced, committed to Threshold, willing and able to lead – not sit back and allow others to carry the committee forward.

I feel so strongly about this that I advocated for it in the restructure process, wrote this doc on Committee expectations and aligned it with the workgroup, adding this enforcement provision we’ve lacked in the past:

“To ensure adherence to these commitments, the Project Manager will take attendance at weekly Committee meetings and monitor participation in multisig signing, committee polls and other duties. If a member exceeds normal absences or is otherwise not carrying their weight on the Committee, another member or the Project Manager is obligated to call a vote of the other remembers on whether to remove.”

In terms of subject areas I’ve led or contributed to the past few years (and would propose to continue, if elected): I worked with DAO counsel to set up Threshold Foundation and have be the day-to-day liaison with our director in the Cayman Islands (as well as counsel). I believe that effective protocol and DAO governance is an art and takes work to ensure all voices and perspectives are heard and tokenholders have the information they need to make informed decisions. I’ve also worked on other legal and regulatory matters, as well as working with many of our service providers and providing oversight and recommendations to the Treasury Committee.

I’m very excited to continue working with the Threshold contributors and community as we enter this new era boldly.

https://www.linkedin.com/in/johnpackel/

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