The LEEP foundation has a strong governance foundation based of the principle that LEEP should be a democratically governed project, but at the same time educated decisions should be made and the stakeholders should have a say. We believe that a fine balance between influence, self interest, power and the interest of the LEEP ecosystem as a whole provides the best possible foundation for reaching the mutual goals of LEEP foundation, Alliance and its members.
The LEEP foundation shall govern the LEEP sustainability and research alliance making sure that the project as a whole supports the technical innovation the project is set out to tackle, with an extra focus on projects that aim to use the technology for sustainable purposes.
The LEEP foundation ensures longevity of the leep project as a whole by maintaining the codebase and putting into effect the proposed changes by the board of directors and the on chain governance.
Board of Directors
The board of directors will be tiered with the first tier inhibiting 21 slots for voting rights. The second tier would be companies who pay for voting access membership – which is not foundation voting, but for proposing things into the governance. The third tier is a membership for benefits but not voting rights. These are organizations that can directly purchase tokens from the foundation, can join action/development groups (or working groups), and includes DAG Tagging. The employees of the foundation are responsible to implement what is voted in actions.
Leep Foundation Board will meet 1 or 4 times per year, make the minimum amount of necessary decisions, have minimal direct operations, but a lot of influence. They are able to vote to replace the governance contract*, or they need to abide it. If the governance contract is to be replaced, then it needs a huge upswell of support to do so and a very clear reason – it and should be about the survival of Leep Network the details of this process will be released at a later stage.
The Second Tier are able to select and propose items to vote on. Anyone can propose ideas, but ideas are only voted on if they have merit. The Second Tier is also able to propose directly, using their terms. The foundation can and should suggest alternate wording, but it would be the decision of Second Tier members what the final wording will be. The Leep solutions Company is a second tier member. Leep solutions company should probably also be a board member, where they can vote (by stock) to insert (as a company) information for consideration.
*The LEEP network itself has a governance smart contract where the rules of the network lie, when referred to the governance contract it is this contract that is referred to.
The supervisory board has the task of ensuring that the board of directors execute the charter, in other words that their work is in line with the foundation goals.
The LEEP alliance aims to connect businesses with mutual goals. These goals can be sustainability based or technology based, and includes specific working groups that aim to tackle specific issues. Being part of the LEEP sustainability alliance gives close access to working with other industry leading companies as well as LEEP solutions. Working this closely with the core of the ecosystem makes companies able to make sure that LEEP meets their needs.
An important part of the LEEP research and sustainability alliance is the ability to join the alliance as part of certain working groups. The working groups ensure that businesses that aim to tackle similar issues can reduce costs of development and take part of the LEEP innovation as well as connect with other members to explore synergies. The working groups will give better terms to work together with leep solutions, when the need for certified consultants arise.