FIO Strengthens Governance With New Board and Steering Committee Appointments

FIO has announced the appointment of Franck Mikulecz to its Board of Directors, reinforcing the Foundation’s governance with deep expertise in financial markets, foreign exchange, and blockchain infrastructure. Franck was elected through a community vote by FIO Token Holders, in line with FIO’s decentralized governance model.

Institutional Market Experience Aligns With FIO’s Mission

Franck brings decades of experience spanning exchange-traded derivatives, global FX markets, and financial technology innovation. His career includes early work in electronic FX futures, spot FX matching platforms, and enterprise-grade technology solutions still used by Tier-1 banks. His focus on efficient and secure clearing models for FX and crypto markets closely aligns with FIO’s goal of making blockchain usable and accessible for institutional participants.

Nicolas Mazuryk Appointed to the Steering Committee

Following Franck’s election, the Board appointed Nicolas Mazuryk to FIO’s Steering Committee. Nicolas represents AlephOne, a long-standing technical partner of the FIO Foundation, and brings extensive hands-on experience with the FIO Protocol and its core infrastructure.

Deep Technical Expertise Supports Operational Execution

Over more than four years, Nicolas and his team have contributed to the development and maintenance of essential components of the FIO ecosystem, including the FIO Dashboard, oracle systems, and DevOps infrastructure. His appointment strengthens the Steering Committee’s ability to guide the operational execution of the Foundation’s mission.

Community-Driven Governance Remains Central to FIO

These appointments highlight FIO’s commitment to decentralized, community-led governance. FIO Token Holders play a direct role in shaping the protocol by electing the Board of Directors, while the Board ensures strategic oversight and appoints the Steering Committee to manage execution.

Token Holder Voting Powers the Board of Directors

FIO Token Holders participate in governance by voting for Board members, with each token representing one vote. The Board provides strategic leadership, appoints the Steering Committee, oversees the Foundation’s treasury, and supports education, awareness, and integration initiatives. The next Board election is scheduled for April 15, 2026.

Block Producers Secure the Network Through DPoS

In addition to Board elections, token holders vote for Block Producers who maintain and secure the FIO blockchain using Delegated Proof of Stake. These producers are responsible for block creation and network stability, ensuring the protocol operates reliably and efficiently.

Steering Committee Operates as a DAO

The Steering Committee functions as a decentralized autonomous organization that defines and funds initiatives advancing FIO’s mission. It develops protocol enhancement proposals, drives adoption and education efforts, and coordinates with contributors responsible for executing approved work.

Protocol Governance Extends Beyond Voting

FIO governance also includes the FIO Improvement Proposal process, where protocol upgrades are reviewed and approved by Block Producers. Any smart contract changes require a supermajority, reinforcing security and decentralization.

Opportunities for Leadership and Contribution

FIO offers pathways for community members to take on leadership roles, including running for the Board of Directors or contributing at a technical and operational level within the ecosystem. Active participation, expertise, and alignment with the Foundation’s mission are key to these opportunities.

A Mission Focused on Mass Blockchain Adoption

All governance activities support FIO’s mission to drive widespread blockchain adoption through a decentralized, chain-agnostic usability protocol. By simplifying blockchain interactions with human-readable handles, FIO aims to remove complexity and risk for users across all networks.

Looking Ahead With Stronger Governance

With Franck’s institutional market insight and Nicolas’s technical leadership, FIO is well positioned to accelerate protocol adoption and ecosystem growth. These appointments reflect a governance model where community voting and strategic expertise work together to guide the future of the protocol.

About FIO

FIO, the Foundation for Interwallet Operability, is a decentralized consortium supporting the development and adoption of the FIO Protocol. Built on the FIO Chain, a delegated proof-of-stake blockchain, the protocol provides a universal usability layer across blockchains, enabling human-readable domains and handles that map to addresses on any chain and are powered by the FIO Token.