What is the Community Council?**
As defined in the adopted [Pyth DAO Constitution]( governance/docs/constitution/pyth-dao-constitution.md at main · pyth-network/governance · GitHub ), the Pyth Community Council comprises 7 members who sign the Community Multisig Wallet with a 6-signer requirement. The multisig wallet executes actions delegated by the Pyth DAO.
Core mandates include:
* **Value Creation**: Budget requests, Impact Awards program oversight, and community-focused development
* **Collective Voice**: Community interest representation, governance participation, partnership development, and cross-ecosystem collaboration
* **Network Growth**: Educational content, community research, and strategic partnerships
Each council member assumes a specific role:
* **Council Lead**: Strategic oversight and leadership
* **Administration**: Impact Awards, community budget, and product development oversight
* **Impact Operations**: Develops Pyth community social initiatives
* **Partnerships & Collaborations**: Fosters web3 community relationships
* **Analyst**: Monitors governance, product development, and competitive analysis
Council members serve 12-month terms. The inaugural Community Council was elected in March 2025.
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## The 2nd Community Council
Per the Pyth DAO Constitution, council members who received the fewest votes in the previous election are subject to replacement. One member (bats4) is voluntarily stepping down from the council.
**The 2nd Community Council Election must elect 1 new council member. They will join the 6 continuing members.**
All current council members are eligible to run for re-election. Candidates who are not current members are also welcome to self-nominate.
For full context on what the Community Council delivered during Term 1 and what Term 2 will fund, see:
* [Community Council Term 1 Exit Report]( Community Council Term #1 Exit Report )
* [Community Council Term 2 Budget Request]( Community Council Term 2 Budget Request )
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## How to Submit Candidacy
*Eligibility requires Pyth staker status throughout application and potential term duration.*
The election process involves 2 steps:
### Step 1: Forum Self-Nomination
Nominate yourself on the Pyth forum under the **Community Council** category using this template:
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**Topic Title**: [Community Council Election #2] Candidate Name, Protocol/Team (if applicable)
**Wallet address (SPL/Solana)**: [Your Solana wallet address]
**Describe how you will custody your private key** (hardware wallet, MPC provider such as Fireblocks, etc):
**Name of Candidate**:
* Full Name:
* Twitter handle:
* Discord handle:
* Github handle:
**Motivations to participate in the Community Council**:
* …
* …
* …
**Relevant Experience**:
* …
* …
* …
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**This first step must be done by Wednesday, April 2, 2026, 11:59 PM UTC.**
### Step 2: On-Chain Voting
On Thursday, April 3, 2026, a multi-choice proposal will be created on [Pyth DAO Realms]( Realms ) listing all nominees.
Voting will last one full week from proposal creation.
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## Timeline for Council Formation
| Phase | Date |
|—|—|
| **Forum Nomination Opens** | Thursday, March 27, 2026 |
| **Forum Nomination Deadline** | Wednesday, April 2, 2026, 11:59 PM UTC |
| **On-Chain Voting (Realms)** | Thursday, April 3, 2026 — Wednesday, April 9, 2026 |
| **Community Council Approval** | From Monday, April 13, 2026 — PYTH stakers approve the elected Council and budget via binding OP-PIP vote |
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## Frequently Asked Questions
**Do I need to be a current community contributor to run?**
No. Any PYTH staker can self-nominate. That said, voters tend to favor candidates with a visible track record of community involvement.
**Can current council members run for re-election?**
Yes. Incumbents are eligible to self-nominate under the same process.
**How does voting work?**
PYTH stakers vote on-chain through Pyth DAO Realms. Voting weight is proportional to staked PYTH.
**What’s the time commitment?**
Council members are expected to actively participate in program oversight, governance decisions, and community operations throughout the 12-month term.
**Is the council compensated?**
Yes. Council stipends are paid directly from the DAO treasury to council members — not from the council multisig. This avoids a conflict of interest. See the [Term 2 Budget Request]( Community Council Term 2 Budget Request ) for details.
**How quickly do funds arrive after the vote?**
The token transfer is part of the election instructions. As soon as the binding OP-PIP proposal is executed on-chain, the funds move to the Council wallet.
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## Key Links
* [Pyth DAO Constitution]( governance/docs/constitution/pyth-dao-constitution.md at main · pyth-network/governance · GitHub )
* [Pyth DAO Realms]( Realms )
* [Community Council Term 1 Exit Report]( Community Council Term #1 Exit Report )
* [Community Council Term 2 Budget Request]( Community Council Term 2 Budget Request )
* [CO-PIP-6: Creation of the Community Council](https://forum.pyth.network/t/passed-co-pip-6-creation-of-the-community-council/1828)
* [Guide for the Community Council Election #1]( Guide for the Community Council Election #1 )
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*Questions? Tag the Community Council in Discord or comment below.*