Arana Digital Delegate Platform

[AranaDigital]

PIP-62 - Velora Governance Task Force

Vote: For

Rationale:

We voted in favor of going forward with the governance task force because of our belief in SeedGov’s ability to properly act as an exosystem steward:

@AranaDigital

we believe that the @SEEDGov team is highly competent is composed of high context members who have an intricate understanding of various DAOs’ operations. Their stewardship during this recent revival that Velora DAO has seen evidences their capacity to institute results.

It’s always handy to have a core team with the explicit mandate for helping the DAO maintain and develop its operations, in addition to the work being conducted by Foundation and Laita. The stated compensation structure also makes sense. We had a couple of inquiries around the additional source of incentives attached to growing protocol revenue. Our concern was mostly around what that compensation is being attributed to:

@AranaDigital

Is it present as a “reward” for increasing revenue, even if that revenue’s genesis is perhaps arbitrary or subject to multiple different variables? Or is the “reward” generally representative of scaled compensation that occurs as a business grows?

The team had a satisfactory answer to our question, and there is an interim review in any case at the 6-month period, so we are content with the proposed setup.