Governance

Structure, preparation & presentation.
Built on rules, not vibes.

A constitution. A member agreement. A board. Seven standing committees. Member votes on the things that matter. Minutes published. The Iskander Network is run like an institution, not a chatroom.

Where we came from

A member cooperative, by another name.

Since day one, we've operated very much like a cooperative — everyone shares the responsibility of building our mine, and we proportionately split the daily output of the mine between the miners. The only real difference between us and an actual co-op was that Bobby got to keep whatever was left over after the bills were paid.

The DUNA format isn't a silver bullet — but by sharing the risk and reward 100% across the entire mining community, we eliminate the accusation of value extraction. And because every member is effectively a stakeholder in the mine, participation is an investment in a cooperative, not a security.

The documents

The constitution and member agreement live on IPFS.

Pinned, content-addressed, and impossible to quietly edit after the fact. If it changes, the hash changes — and the membership has to ratify it.

How power flows

Members elect the board. The board sets direction. Executives run the day-to-day.

MembersEvery active participant in the network
elect
Board of Administrators7 seats · sets direction, approves budgets, holds executives accountable
appoints
Executive TeamPresident · VP Sales · Secretary
oversees
Standing CommitteesSeven chairs · do the actual work between meetings

Authority moves down. Accountability moves up. No single person can override the membership, the constitution, or the board.

Why structure matters

We're all in this together.

Structure isn't bureaucracy. It's the only thing that lets a group of people share risk and reward without it dissolving into a popularity contest or a back-room deal.

  • We're all in this together

    Same mine. Same upside. Same downside. No protected class of insiders eating first.

  • We're all owners

    Members aren't customers and aren't audience. Every active member has a real stake in what gets built.

  • We get out what we put in

    The comp plan, the votes, the committees — they all reward people who actually show up and do the work.

  • No free rides

    Active participation isn't a vibe. It's the requirement. Inactive members don't get to coast on the work of active ones.

The job description

Your participation isn't optional. It's the model.

A DUNA only works if the members are actually doing things. That isn't a marketing line — it's the legal and economic spine of the entire structure.

  • Active participation keeps this from being a security

    Members earn from their own effort and the effort of the cooperative they help run — not from the passive efforts of a promoter. That distinction is the whole ballgame.

  • Metcalfe's law requires our growth to succeed

    The value of the network scales with the square of its active participants. Every member who recruits, ships, and contributes makes everyone else's stake more valuable.

  • Show up through committees, votes, and growth

    Join a committee. Vote when ballots open. Bring qualified people in. That's the work — and that's what membership means.

The ballots

Votes — active and historical.

Every vote that materially shapes the network is recorded here. Active ballots are open for member participation; historical ballots show the outcome and the margin.

Active votes

No open ballots right now. Members will be notified when the next vote opens.

Historical votes

Past ballots and outcomes will be published here as the voting record builds up.

Open calls

Weekly committee calls.

Every committee meets weekly on Zoom. Members are welcome to sit in on any call — links go live for the membership ahead of each session.

Comp Plan Committee

Zoom link

Coming soon

Enrollment Committee

Zoom link

Coming soon

Tech & Integrations Committee

Zoom link

Coming soon

Sales & Marketing Committee

Zoom link

Coming soon

Regulatory & Compliance Committee

Zoom link

Coming soon

Finance Committee

Zoom link

Coming soon

Mining Operations Committee

Zoom link

Coming soon

Where the work happens

Seven standing committees.

Committees are where proposals get studied, debated, and shaped before they ever reach the board. Each is chaired by a named member of the network and reports up at every board meeting.

Comp Plan Committee

Designs, models, and stress-tests the compensation plan. Owns payout fairness and long-term sustainability.

Enrollment Committee

Owns the new-member experience: onboarding, materials, standards, and the first 30 days.

Tech & Integrations Committee

Back-office systems, wallet integrations, dashboards, and the plumbing connecting TLN to the TXC chain.

Sales & Marketing Committee

Campaigns, brand, member-facing tools, and the messaging discipline that keeps us honest and on-tone.

Regulatory & Compliance Committee

Policy, disclosures, regulator relationships, and the standards every officer and member is held to.

Finance Committee

Budgets, treasury, reserves, and the open-books discipline the network was founded on.

Mining Operations Committee

Runs the mine: hash rate, uptime, hardware lifecycle, hosting partners, and the day-to-day operations that keep coin flowing.

Open by default

Meeting cadence and transparency.

Governance only counts if you can see it happening. Our operating rhythm is built so members are never wondering what's going on behind a closed door.

Board meetings

Monthly

Minutes published within 7 days.

Committee meetings

Bi-weekly

Summaries posted to members.

Member town hall

Quarterly

Open Q&A with the executive team.

Keep digging

Governance is one piece. Here's the rest.