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Board Responsibilities

• Proactively support the mission of the Foundation.

• Be and become knowledgeable in the FIO Protocol objectives and high level technical structure.

• Actively participate in all Board asynchronous discussions and Board calls.

• Sign approved Board motions and crypto multi-signatures in a timely fashion.

• Provide advice and guidance on Foundation plans and activities.

• Review Foundation budgets and provide approvals as required.

• Support the Foundation’s mission in social media and by making introductions that can be helpful to the Foundation.

• Operate consistent with the Foundation’s Articles of Association.

• Control Foundation Treasury.

Board Elections

The initial members were appointed from the pool of early industry participants in the FIO Protocol and served until one year after Mainnet launch. Starting April 15th, 2021, and then every four months thereafter, the Board conducts an ongoing poll among token holders for Board Member candidates and appoints new members from the pool of top 12 candidates by number of votes received.

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