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Risk Committee Selection: Quarterly Voting

The Risk Committee plays a vital role in ensuring the financial security and operational stability of the STBL. Given its importance, the selection of Risk Committee members follows a standardized quarterly voting process to maintain accountability and refresh the committee with experienced professionals.

Selection Process:​

1. Nomination Phase:​

  • Nominations open 15 days before the voting period.
  • Eligible candidates include industry experts in DeFi, blockchain security, financial risk management, and auditing.

2. Candidate Evaluation:​

  • A vetting process ensures candidates meet the necessary qualifications.
  • Candidates may submit proposals detailing their expertise, experience, and plans for risk management.

3. Voting Period:​

  • Token holders vote for their preferred candidates using the One Vote Per Holding mechanism.
  • Each voter can support multiple candidates, with weight proportional to their USST holdings.

4. Result Declaration:​

  • Candidates with the highest vote count secure a position on the Risk Committee for the upcoming quarter.

5. Performance Review:​

  • Risk Committee members are subject to periodic reviews, and underperforming members may be subject to removal through a governance vote.

This quarterly voting cycle ensures that the Risk Committee remains composed of knowledgeable and reliable members while maintaining democratic oversight.