When reading the information box to the right of the election page, you see this text:
In the nomination phase, any community member in good standing with more than 3,000 reputation may nominate themselves to be a community moderator.
To me, the phrase "in good standing" roughly translates to "who we like" which makes it sound like there is a bit of bias in who is allowed to run for moderator. It reminds me of teachers who use "participation points" in their classes.
So what exactly is the phrase "in good standing" supposed to mean?