OffChain Luxembourg asbl held its 2025 annual general assembly (GA) on December 3rd in hybrid mode.
As no statutes modification were on the agenda, no quorum was needed.
Ten members were present:
@warman2g
@sangallo78
@trafalgarlaw918
@chrisinlux
@soniabr
@sim.brzh
@cryptogia
@kevcrypto
@kolotao
@sorin.offchainFive main points were on the agenda
Strategic (not operational) decision-making in the organisation had been governed for the past year by the rule presented in Novemeber 2024 and adopted by the General Assembly of Dec 4th, 2024:
All members of OffChain Luxembourg ASBL participate at the Strategic Level, with voting power determined by the formula:
1 person = 1+k(OCL staked/Total OCL staked), where k is currently set to 1.
The need for updating the formula by searching for a more relevant "k" was ennunciated by the Board in its September 2025 meeting. A new value of k = 1.5 x n (where n = number of members of the association) was found empirically to lead to a good balance in decision making between "high stakes" voters and simple members, enfranchising members with low OCLT stakes and encouraging them to acquire and stake more OLCT, while at the same protecting the organisation from being diverted from its mission by members with little to nothing at stake.
The topic was presented to the assembly and illustrated with the governance application and how the new k influenced in practice the voting weight of the members, placing their voting weight in-between the basic "1 / n" of classical "one person = one vote" democracy and the plutocratic "percentage of total staked OCLT" of "shareholder / crypto staker" (pseudo-)democracy.
The General Assembly deliberated and voted unanimously in favour of the new "voting weight" formula
The proposal that any Board member needs to have, during his/her entire exercice in the Board, at least 1 000 000 staked OCLT (equivalent to 2000€ at the current ITO price) has been submitted to discussion and vote. After discussion and deliberation, the GA has voted unanimously in favour.
Given the success of the 2024 pledge, that raised about 48.OOO€ worth of HBD and on the strength of a prudent financial management (
The following tentative pledges were announced
The proposal to enhance the confidence in OCLT by agreeing on issuance and spending caps linked to the HBD in the
The Board decision was presented to the General Assembly who deliberated and voted unanimously in favour.
Applications have then been invited for the new Board of OffChain Luxembourg asbl. A new Board of 7 (down from 9 in the previous year) has been elected:
President:
Secretary:
Treasurer:
Vice President:
Vice President:
Vice President:
Vice President:
