TL;DR
- The voting power of DFINITY Foundation (neuron 27) and Internet Computer Association (neuron 28) will be consolidated under neuron 27.
- It results in a more efficient and streamlined voting process and reduce unnecessary complexity.
- Users currently following neuron 28 (Internet Computer Association) should re-assign such following to neuron 27 (DFINITY Foundation).
Aligning Neuron 28’s Voting Power Under Neuron 27
At Genesis, ICP token allocation was established and published, including allocations to “DFINITY Foundation” and “Internet Computer Association”.
A portion of these group’s ICP was staked. The corresponding voting power from these neurons is continuously reported on the ICP dashboard. As per September 30th, 2024 this represented 95M voting power or 19,7%, of which 14,9% with DFINITY Foundation and 4,8% with Internet Computer Association.
Going forward these neurons will consolidate under “DFINITY Foundation”, neuron 27, terminating the separate label “Internet Computer Association”, neuron 28.
Impact for Voting Followers
This will not change the voting power that stems from these neurons and the manner in which this voting is conducted, which has always been the same for both the “DFINITY Foundation” and the “ICA” neurons, with the latter following the former. We will now simplify this by managing it all under a single known neuron being “DFINITY Foundation”.
These neurons were shared with the community to be used for “following” in the NNS’s liquid democracy. On the dashboard and the NNS dapp these two neurons have a name so that they can easily be found:
- Neuron with ID 27 has the name DFINITY Foundation
- Neuron with ID 28 has the name Internet Computer Association
What to do to maintain a chosen voting following
We propose to officially register the DFINITY Foundation neuron with ID 27 as a “Known neuron” and to remove the Neuron with ID 28 from the dashboard and the NNS dapp.
The feature of “Known neurons” was not available at Genesis and that is why we are now applying it to the DFINITY Foundation neuron.
Anyone following the Internet Computer Association neuron (ID 28) and wishing to maintain the same delegation, should change to following the DFINITY Foundation neuron (ID 27). During a transition period neuron 28 will still exist, but it will not appear in the lists of known neurons. We expect this (neuron 28) to fully disappear by 31 March 2025. For more detailed information on how to change the following for your neuron, refer to this page.
Background of winding down the “Internet Computer Association”
The Internet Computer Association (ICA) was initially intended as an organization to enable different community groups to unite and represent their common interest. Implementing this in practice has shown to be more cumbersome than foreseen. It includes finding the right legal form and governance, as well as complying with all legal, fiscal and administrative regulations and finding sufficient community resources to govern and operate a separate organization. As a consequence, since its creation, the ICA, an association under Swiss law domiciled in Geneva, has been dormant and will now be gradually wound down over the next months.
We hope this will bring further simplicity, clarity and transparency to the Internet Computer’s governance. Should your require any further support of information, do not hesitate to reach out.