Neo Council weighs new Strategy and Treasury Board to tackle governance and execution issues

The Neo Council met online to debate a proposal for creating a five-member Strategy and Treasury Board that would streamline decision-making and address ongoing governance and execution challenges. The proposed board would be elected by the Council, hold budget and strategy authority, and reduce the effective voting threshold from 11 of 21 Council members to three of five board members while preserving veto and removal powers for the wider Council. Participants, including core developers and ecosystem contributors, discussed incentive realignment, representation, and implementation paths, and agreed to continue refining the idea ahead of a follow-up meeting expected in about one month.