I believe I understand how the nomination phase works. I would be very surprised if we had enough candidates to require a primary phase, so let's skip right ahead to the election phase.
How precisely does this work? Can we upvote and downvote, or only up? Are the two candidates with the most net upvotes elected, or is there some threshold or similar, or other more complicated details?
I'd assume there is some in-depth explanation somewhere but haven't found it. (AKA: How about linking to such an in-depth explanation from the election announcement directly, instead of having us puzzle this out ourselves or insert noise into Meta?)