Neo Council and Core follow up on Centre Point #2 initiatives

The Neo Council and Core Development group convened online on Oct. 22 for a follow-up meeting to review progress on key deliverables set during the Centre Point #2 meetup in Singapore. The recorded call, now publicly available for community viewing, represents a continued effort to conduct governance transparently and collaboratively.

The discussion touched on multiple action items agreed upon at the September gathering, including fee reductions, updates to GAS reward distribution, adjustments to Council registration parameters, and the development of a new governance platform.

Fee reductions and GAS rewards

Core developer Shargon provided updates on efforts to reduce network transaction fees, noting that two pull requests – one enabling whitelisted contracts to process transactions at zero cost, and another introducing more granular control over execution fees, are currently undergoing final testing and are expected to be merged soon.

However, progress on the flattening of GAS voting rewards has not yet moved forward due to potential conflicts with the governance redesign proposed in the Neo v4 roadmap. While the feature remains a goal, implementation has been deferred pending clarity on the Neo v4 governance model, which may shift to a staking-based reward system.

Members expressed concern over the delay, emphasizing the importance of increasing Council accountability by enabling broader competition for seats. Some participants argued that, given the potentially long lead time before Neo v4 is realized, interim action on reward flattening may still be warranted.

Council registration fee reduction

The Council also confirmed plans to reduce the registration fee for Council candidates from 1,000 GAS to 750 GAS. This change, which can be enacted through an on-chain Council vote, is scheduled for execution during the week of Oct. 28.

Governance platform development

Significant time during the meeting was devoted to reviewing the progress of a new governance portal being developed by the Flamingo team. The platform aims to centralize Council communications and facilitate greater community engagement through proposals, comments, and sentiment signals.

Adrian and Odd from Flamingo demonstrated a live prototype, showcasing features such as:

• Proposal creation and structured discussions
• Voting tools for Council members
• Visibility into candidate and Council activity
• Wallet-based identity and vote tracking
• Integration with Discord for real-time updates

Council members discussed the importance of iterating quickly and shipping an MVP version soon, with additional features such as community polls, request-for-comment threads, and user education pages slated for future releases. The platform is expected to go live in the coming weeks, with its source code to be made public on GitHub.

Commitment signal and next steps

During the meeting, Council members were also reminded to publicly signal their support for the shared Commitments and Values Statement established in Singapore. The group reaffirmed the importance of doing governance work publicly and encouraged any Council or Core participants not already active in the Discord coordination channels to join and engage.

The full recording of the Oct. 22 follow-up meeting is available now for those who wish to review the discussion in detail. Community members are invited to watch and track the progress of initiatives designed to make Neo’s governance more accessible, inclusive, and accountable.

The meeting recording can be found at the link below:
https://youtu.be/O7UbTaISXrU

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