This is a referendum whose proposer address (Ep3GTTcTybjiZNdMmiGoxFtGoZtpsUowskc4MAzWRS7nw4L) is shown in on-chain info below. Only this user can edit this description and the title. If you own this account, login and tell us more about your proposal.

Problem Statement:
- The problem is the need to elect the first prime member of the Advisory Committee to achieve decentralization and address the issue of abstentions in decision-making.

Significance:
- The Advisory Committee plays a crucial role in approving or rejecting advised markets and regulating registrars.
- The proposal system in Substrate is used for carrying out the Committee's responsibilities.
- The Committee aims to achieve decentralization by incorporating community members.

Proposed Solution:
- The proposal suggests electing a prime member who will receive all abstentions at the conclusion of a proposal's duration.

Expected Outcomes:
- Increased decentralization and community involvement in decision-making processes.
- Addressing the issue of abstentions by delegating them to the prime member.

Referendum #45