The Centrifuge council has proposed a motion for onboarding the first 5 collators on Centrifuge.
See the motion in the portal here (while it is open).
See the motion on Subsquare here.
See the motion on Subscan here .
If the motion passes, it will become a referendum, that all token holders can vote on, using their CFG tokens. The referendum will be open for people to vote on for 50,400 blocks (~7 days with an average block time of 12 seconds).
Remember, that you don’t lose your CFG by voting on referenda - they are just locked for the duration of the vote. After that, they will be available for transfer again. You can make your vote count for more by voting with conviction which means that you can vote with up to 6X the amount of tokens you have, by locking them for a longer period of time.
If you want to know how voting with conviction works, you can see a short explanation in this post .