Proposal: PIP-74: Discontinuing the Gas Refund Program
Vote: For
Rationale: We support the proposal to discontinue the Gas Refund Program. The data clearly shows diminishing participation and limited financial relevance, with only around 12 percent of eligible wallets claiming during the last epoch. Still, this decision can be more than a cost reduction. It can be an opportunity to learn and improve how Velora designs and retires programs.
We believe the key question isn’t just what happened but why. Understanding whether low participation came from lack of awareness, low perceived value, or UX friction could help us create stronger incentive systems later. Gathering light feedback or analyzing claim transaction patterns could offer meaningful insights.
This could also be the start of a Program Sunset Framework where the DAO periodically reviews each initiative against measurable outcomes like user activity, ROI, or treasury impact. Embedding this process into governance makes cost reviews predictable and transparent rather than reactive.
Finally, while refunding gas once symbolized giving value back to users, we should communicate clearly how the freed funds will now support growth perhaps through staking rewards, integrations, or community incentives. That transparency helps maintain trust while keeping VeloraDAO efficient and adaptive.
Proposal: Rewards distribution for Epoch 37
Vote: For
Rationale: After reviewing the proposal and the details, everything seems fine to us. Therefore, we have nothing further to add and will continue to support the proposal.
Proposal: Gas Refunds distribution for Epoch 37
Vote: For
Rationale: We voted in favor of this proposal, following the same rationale we used for the other rewards distribution. We have already agreed on it and will continue to support it.