June Participants
For the June 2025 iteration of the program, there are 14 participating delegates. You can see the first application results here and the reopening process starting with this post.
Parameters Breakdown
The specifications, parameters, formulas and calculation method can be found here.
Participation Rate
During the last 90 days, 12 proposals have been submitted to vote with a closing date until May 31, 2025:
1.- PIP-60 - Expansion of Project Miro token and staking system to Base
2.- PIP-61: Increase Quorum Threshold
3.- PIP-62 - Velora Governance Task Force
4.- Gas Refunds distribution for Epoch 29
5.- Rewards distribution for Epoch 29
7.- Velora Growth Committee (VGC) - Election Season 1
8.- Rewards distribution for Epoch 30
9.- PIP-64: Formalisation of Laita Labs as a Service Provider
10.- Gas Refunds distribution for Epoch 30
11.- Rewards distribution for Epoch 31
12.- Gas Refunds distribution for Epoch 31
13.- PIP-65 - Enhancing Predictability in VeloraDAO Governance
14.- PIP-66 - Deprecation of the Governance Committee
It is important to note that only those proposals that ended between April 01 and June 30 were counted. Therefore, the PIP-67 whose voting ended on July 1 will be counted for the July DIP.
Snapshot Voting
From these 14 proposals, 4 of them were closed in the course of June:
11.- Rewards distribution for Epoch 31
12.- Gas Refunds distribution for Epoch 31
13- PIP-65 - Enhancing Predictability in VeloraDAO Governance
14.- PIP-66 - Deprecation of the Governance Committee
It is important to note that only those proposals that ended beetween June 01 to 30 were counted. Therefore, the PIP-67 whose voting ended on July 1 will be counted for the July DIP.
Communicating Rationale
Vote justification for the above-mentioned month’s proposals.
It is important to note that only rationales posted in each Delegate Threads within seven days after the end of each vote were counted.
Delegates’ Feedback
We have analysed each delegate’s activity and participation performance, not only in the forum, but also in the delegates’ telegram group, all based on the specified parameters, which are evaluated, detailed and reported in the corresponding spreadsheet.
June results
You can see the dashboard with the results and the detail of each parameter according to the activity of each delegate in this public spreadsheet: DIP - June 2025 - Dashboard
Of all 14 delegates participating in this first DIP stage, 12 were eligible to receive compensation (85.71%).
- Tier 1: 2 delegates (14.28%)
- Tier 2: 6 delegates (42.85%)
- Tier 3: 1 delegates (7.14%)
- Tier 4: 3 delegates (21.42%)
- Out of tiers: 2 delegate (14.28%)
The price of the PSP token at the time of publishing this post, according to CoinGeko, is $ 0.01963
Price set on June 04 approximately 3 pm UTC
| Delegate | TIER | P USD | P PSP |
|---|---|---|---|
| Citizen42 | 2 | 2,000.00 | 101.885 |
| PGov | 2 | 2,000.00 | 101.885 |
| Jameskbh | 2 | 2,000.00 | 101.885 |
| Ignas | 2 | 2,000.00 | 101.885 |
| Mehdi | 3 | 1,500.00 | 76.414 |
| Boardroom | 2 | 2,000.00 | 101.885 |
| Arana Digital | 1 | 2,500.00 | 127.357 |
| Avantgarde | 4 | 1,000.00 | 50.943 |
| Curia | 1 | 2,500.00 | 127.357 |
| WakeUp Labs | 3 | 1,500.00 | 76.414 |
| 0xAlex | - | 0.00 | 0.00 |
| Sov | - | 0.00 | 0.00 |
| DAOplomats | 3 | 1,500.00 | 76.414 |
| Tané | 2 | 2,000.00 | 101.885 |
The total cost destined for the DIP this month will be $ 22,500 equivalent to 1,146,209 PSP.
The total cost accumulated destined for the DIP since the start of the Cycle 1 in March 2025 is $77,500, for a total accumulated so far of 4,433,769 PSP.
Payments
According to the provisions, compensation are denominated in USD and will be made in PSP tokens - or in the future new token it may eventually migrate to in accordance with Project Miro - on a monthly basis but with a 30-day vesting.
Based on this, payments will be executed to each eligible delegation wallet within the first days of August.
We suggest and encourage delegates to put the amount of compensation to receive into sePSP2 staking, which will benefit the protocol and the price of the token, as well as benefiting the delegate by receiving rewards in ETH and increasing their voting power.
Reminder
Delegates who do not participate until now have the opportunity to apply for the program in the reopened application thread that will remain open until the end of the program, allowing delegates to apply at any time as long as they meet the eligibility requirements.
We track the participation of all delegates presented in the forum and publish the data in the DIP spreadsheet so that each non-participating delegate can monitor their participation metrics.
So keep participating and stay engaged!
Thanks!