# ParaSwap Delegate Incentives Program (Cycle 1) - Application Thread **URL:** \ **Category:** Delegation\ **Created:** [March 3, 2025, 2:04pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066 "2025-03-03T14:04:28Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![SEEDGov](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/seedgov/32/765_2.png) [@SEEDGov](https://gov.velora.xyz/u/SEEDGov)\ **Post date:** [March 3, 2025, 2:04pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/1 "2025-03-03T14:04:29Z")
The [PIP-58 - ParaSwap Delegate Incentives Program - Cycle 1](https://gov.velora.xyz/t/pip-58-paraswap-delegate-incentives-program-cycle-1/2048) was [approved](https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x3bf3260cb1bac1bccdf9752373ec1971297baa3a9ad7bfc4f974fcc3900b469f), which established the launch a Delegate Incentives Program over a 6-month period. For all the details, we suggest you read the proposal. In accordance with the next steps established therein: - Today, Monday, March 3rd, 2025 starts a 7-day period for any delegate willing to participate to apply in this thread. - Applications close on Monday, March 10th, 2025 at 11:59pm UTC. It is essential that delegates wishing to participate meet the following requeriments: - Fulfil the requirements established in the approved proposal: > [@PIP-58 - ParaSwap Delegate Incentives Program - Cycle 1](https://gov.velora.xyz/t/pip-58-paraswap-delegate-incentives-program-cycle-1/2048/1): > > **Min threshold requirement** : > > - ≥ 80% participation rate in votings from the start of the delegate trial program on Thursday, December 5th, 2024 to the present day. > > - Minimum Delegation: 1M PSP tokens or equivalent in USD if migration to the new token takes place as a product of [Project Miro](https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x86a61d319e94c298f733ceb3727f5810201df5c3161733cbbc08a5aedff933cf). > > - Have a ParaSwap forum account with a minimum age of 3 months. > > - Have created a delegation platform in the [Delegation section](https://gov.velora.xyz/c/delegation/17) of the forum with the [appropriate template](https://gov.velora.xyz/t/pip-54-delegate-program-trial-period/1959#p-4851-delegate-platform-6). > > - Apply in the application thread that will be opened if this proposal is approved. - State in this thread your willingness to apply for the 6-month Delegate Incentives Program (Cycle 1). There is no pre-established formulas, it is sufficient any manifestation that undoubtedly externalises the willingness to apply. Delegates who do not currently meet the above participation requirements will have the opportunity to apply for the program in the application thread we will open at the beginning of month 4 - June 2025 - and will remain open until the end of the program, allowing delegates to apply at any time as long as they meet the eligibility requirements. According to the delegate participation metrics we have monitored, which are publicly available in [ParaSwap’s Snapshot space](https://snapshot.box/#/s:paraswap-dao.eth), the delegates who currently meet the stated requirements and may apply if they wish are: - Citizen42 - Jameskbh - Ignas - Boardroom - Avantgarde - PGov - Mehdi - Arana Digital - Curia - SEEDGov - self-excluded Important dates: - ParaSwap Delegate Incentives Program (Cycle 1) Start: March 1, 2025. - Re-opening of application for delegates who meet the participation requirements at that time (until the maximum number of 15 delegates has been filled): First days of June 2015. - ParaSwap Delegate Incentives Program (Cycle 1) End: August 31, 2025. Good luck to all those interested! ---
**Author:** ![citizen42](https://avatars.discourse-cdn.com/v4/letter/c/ecae2f/32.png) [@citizen42](https://gov.velora.xyz/u/citizen42)\ **Post date:** [March 3, 2025, 3:51pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/2 "2025-03-03T15:51:43Z")
I’m excited to formally express my willingness to participate in the [ParaSwap Delegate Incentives Program (Cycle 1)](https://gov.velora.xyz/t/pip-58-paraswap-delegate-incentives-program-cycle-1/2048)! I’ve been deeply engaged throughout the trial period, actively contributing to governance and community discussions. This program is a fantastic opportunity to further strengthen our governance process and reinforce ParaSwap’s decentralized vision. I’m looking forward to continuing to represent the community, ensuring thoughtful decision-making and driving meaningful impact. [Let’s make the next six months count!](https://gov.velora.xyz/t/citizen42-delegate-platform/1962) 🚀 ---
**Author:** ![Avantgarde](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/avantgarde/32/589_2.png) [@Avantgarde](https://gov.velora.xyz/u/Avantgarde)\ **Post date:** [March 3, 2025, 4:15pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/3 "2025-03-03T16:15:27Z")
Avantgarde wishes to express its interest in participating in this first cycle of the Delegate Incentives Program. Thanks again @SEEDGov for taking on the role of program manager! ---
**Author:** ![Sov](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/sov/32/715_2.png) [@Sov](https://gov.velora.xyz/u/Sov)\ **Post date:** [March 3, 2025, 5:32pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/4 "2025-03-03T17:32:09Z")
Thanks for the leadership in pressing this and other initiatives forward @SEEDGov ---
**Author:** ![PGov](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/pgov/32/663_2.png) [@PGov](https://gov.velora.xyz/u/PGov)\ **Post date:** [March 3, 2025, 5:54pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/5 "2025-03-03T17:54:55Z")
PGov expresses their interest in participating in this first cycle of the Delegate Incentives Program. Thanks to @SEEDGov team for setting this up! ---
**Author:** ![boardroom](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/boardroom/32/742_2.png) [@boardroom](https://gov.velora.xyz/u/boardroom)\ **Post date:** [March 3, 2025, 7:14pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/6 "2025-03-03T19:14:52Z")
Boardroom expresses their interest in being a part of this program. Thanks again to @SEEDGov for putting all of this together. ---
**Author:** ![Mehdi](https://avatars.discourse-cdn.com/v4/letter/m/d07c76/32.png) [@Mehdi](https://gov.velora.xyz/u/Mehdi)\ **Post date:** [March 3, 2025, 8:58pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/7 "2025-03-03T20:58:44Z")
I would like to express my interest in participating in the program and take advantage of the opportunity provided by the ParaSwap team to become part of the DAO and contribute to the best interests of ParaSwap. I also appreciate @SEEDGov for their dedication as the administrator of the incentive program. ---
**Author:** ![Ignas](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/ignas/32/680_2.png) [@Ignas](https://gov.velora.xyz/u/Ignas)\ **Post date:** [March 4, 2025, 7:36am UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/8 "2025-03-04T07:36:04Z")
I express my interest in joining the ParaSwap Delegate Incentives Program Cycle 1 and look forward to contributing! Thanks @SEEDGov for putting this together. ---
**Author:** ![Curia](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/curia/32/665_2.png) [@Curia](https://gov.velora.xyz/u/Curia)\ **Post date:** [March 4, 2025, 9:04am UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/9 "2025-03-04T09:04:46Z")
Curia would like to express interest in being a part of this program and deeply appreciates @SEEDGov for making this possible! ---
**Author:** ![jameskbh](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/jameskbh/32/492_2.png) [@jameskbh](https://gov.velora.xyz/u/jameskbh)\ **Post date:** [March 4, 2025, 12:13pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/10 "2025-03-04T12:13:15Z")
I want to express my interest in joining the ParaSwap Delegate Incentives Program Cycle 1 and look forward to contributing! Thanks @SEEDGov for spearheading this initiative! ---
**Author:** ![AranaDigital](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/aranadigital/32/672_2.png) [@AranaDigital](https://gov.velora.xyz/u/AranaDigital)\ **Post date:** [March 4, 2025, 5:47pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/11 "2025-03-04T17:47:10Z")
We at Arana express our interest in participating in this first cycle of the Delegate Incentives Program. Thank you @SEEDGov for spearheading this! ---
**Author:** ![SEEDGov](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/seedgov/32/765_2.png) [@SEEDGov](https://gov.velora.xyz/u/SEEDGov)\ **Post date:** [March 11, 2025, 3:11pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/12 "2025-03-11T15:11:28Z")
The application process for the ParaSwap Delegate Incentives Program (Cycle 1) has closed, and the delegates who will participate are as follows: ``` • Citizen42 • Jameskbh • Ignas • Boardroom • Avantgarde • PGov • Mehdi • Arana Digital • Curia ``` The DIP will run from March 1, 2025. until August 31, 2025. Delegates who do not participate from now on will have the opportunity to apply for the program in the application thread we will open at the beginning of month 4 - June 2025 - and will remain open until the end of the program, allowing delegates to apply at any time as long as they meet the eligibility requirements. Thanks! ---
**Author:** ![DAOplomats](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/daoplomats/32/674_2.png) [@DAOplomats](https://gov.velora.xyz/u/DAOplomats)\ **Post date:** [June 3, 2025, 7:48am UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/13 "2025-06-03T07:48:17Z")
Hello @SEEDGov , We at DAOplomats are excited to express our interest in participating in the Delegate Incentive Program. Please find our updated [Delegate statement](https://gov.velora.xyz/t/daoplomats-delegate-program/1963) along with our recent voting activity. ---
**Author:** ![SEEDGov](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/seedgov/32/765_2.png) [@SEEDGov](https://gov.velora.xyz/u/SEEDGov)\ **Post date:** [June 3, 2025, 12:53pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/14 "2025-06-03T12:53:33Z")
Hi! As planned, we will reopen applications for the DIP this week. We will probably publish the post tomorrow! ---
**Author:** ![SEEDGov](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/seedgov/32/765_2.png) [@SEEDGov](https://gov.velora.xyz/u/SEEDGov)\ **Post date:** [June 4, 2025, 6:34pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/15 "2025-06-04T18:34:24Z")
# **Reopening of Applications for the DIP – Cycle 1** In accordance with the provisions of [**PIP-58 – ParaSwap Delegate Incentives Program – Cycle 1**](https://gov.velora.xyz/t/pip-58-paraswap-delegate-incentives-program-cycle-1/2048/1), [approved by the DAO](https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x3bf3260cb1bac1bccdf9752373ec1971297baa3a9ad7bfc4f974fcc3900b469f), the application process is now reopened for those interested in joining the Delegate Incentives Program - Cycle 1, until a total of 15 participants is reached. **Quota** : Currently, there are 9 active delegations in the program. Therefore, applications will remain open until the end of the Cycle 1 of the DIP in **August 31, 2025** , or until 6 new delegations meeting the established eligibility requirements are onboarded — whichever comes first. **Requeriments:** It is essential that delegates wishing to participate meet the following requeriments: > [@PIP-58 - ParaSwap Delegate Incentives Program - Cycle 1](https://gov.velora.xyz/t/pip-58-paraswap-delegate-incentives-program-cycle-1/2048/2): > > - Minimum Delegation 1M PSP tokens or equivalent in USD if migration to the new token takes place as a product of [Project Miro](https://snapshot.box/#/s:paraswap-dao.eth/proposal/0x86a61d319e94c298f733ceb3727f5810201df5c3161733cbbc08a5aedff933cf). > - Have a ParaSwap forum account with a minimum age of 3 months. > - Have created a delegation platform in the [Delegation section](https://gov.velora.xyz/c/delegation/17) of the forum with the [appropriate template](https://gov.velora.xyz/t/pip-54-delegate-program-trial-period/1959#p-4851-delegate-platform-6). > - ≥ 80% participation rate in voting in the 90 days prior to the application. > - Apply in the application thread that will be opened if this proposal is approved. **Tie Breaker** : If the number of applicants exceeds the 15 available slots, the following criteria will be used to prioritize delegate selection: - Priority will be given to the delegates who have cast the most votes in the last 9 months. - In the event of a tie with the first tie-breaker criterion, ties will be decided by the date of the first vote that these applicants cast. The tie-breaking value will be determined based on the end date of the vote in which the delegates participated, not the date when the vote was cast. - In the event that the tie persists further, the final decision will favor the delegates who were first to present their delegation platform. **Application:** State in this thread your willingness to apply for the 6-month Delegate Incentives Program (Cycle 1). There is no pre-established formulas, it is sufficient any manifestation that undoubtedly externalises the willingness to apply. Please inform the wallet in which you wish to receive the potential compensation if you meet the requirements for it. **Eligible delegates:** In consideration that in the last 90 days (from March 01 to May 31) there have been 12 votes in the DAO, and according to the delegate participation metrics we have monitored, which are publicly available in [Velora’s Snapshot space](https://snapshot.box/#/s:paraswap-dao.eth), and to be reported tomorrow in the monthly DIP results spreadsheets, the delegates who currently meet the stated requirements and may apply if they wish are: - DAOplomats (≥ 1M PSP of Voting Power, ≥ 3 months age forum account, delegation platform and 12 votes/12 votings - 100%) - 0xAlex (≥ 1M PSP of V.P., , ≥ 3 months age forum account, delegation platform and 12/12 votes - 100%) - WakeUp Labs (≥ 1M PSP of V.P., ≥ 3 months age forum account, delegation platform and 10/12 votes - 83,33%) - Sov (≥ 1M PSP of V.P., , ≥ 3 months 3 months age forum account, delegation platform and 12/12 votes - 100%) - Tané (≥ 1M PSP of V.P., ≥ 3 months age forum account, delegation platform and 10/12 votes - 83,33%) Delegates presented at the forum who do not currently meet the requirements: - Argonaut (1,000 PSP of V.P., it does not meet the required minimum of 1M PSP, although it meets the rest of the requirements: ≥ 3 months age forum account, delegation platform and 11/12 votes - 91,66%) - Venum (9/12 votes, 75% participation rate in voting in the last 90 days, it does not meet the minimum of 80%, although it meets the rest of the requirements: ≥ 1M PSP of V.P and ≥ 3 months age forum account and delegation platform). Please note that those delegates who currently do not meet the eligibility requirements will be able to join the program later since applications will remain open until the end of the Cycle 1 in late August, so as soon as they meet the requirements, they are welcome to apply in this thread. Important dates: - Velora Delegate Incentives Program (Cycle 1) Start: March 1, 2025. - Re-opening of application for delegates who meet the participation requirements at that time (until the maximum number of 15 delegates has been filled): From today until the end of the Cycle 1 of the DIP, or until 6 new delegations meeting the established eligibility requirements are onboarded — whichever comes first. - Velora Delegate Incentives Program (Cycle 1) End: August 31, 2025. Good luck to all those interested! ---
**Author:** ![WakeUpLabs](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/wakeuplabs/32/703_2.png) [@WakeUpLabs](https://gov.velora.xyz/u/WakeUpLabs)\ **Post date:** [June 4, 2025, 8:46pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/16 "2025-06-04T20:46:13Z")
Hi @SEEDGov, We at WakeUp Labs would like to express our interest in joining the Delegate Incentive Program. We look forward to continuing to support ParaSwap with constructive input, technical context, and reliable voting participation. ---
**Author:** ![0xAlex](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/0xalex/32/682_2.png) [@0xAlex](https://gov.velora.xyz/u/0xAlex)\ **Post date:** [June 5, 2025, 3:18pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/17 "2025-06-05T15:18:27Z")
Thank you, @SEEDGov, for following up on this program. I’m excited about this opportunity and would like to apply for the DIP Program. I will continue to share the rationale behind my voting decisions at [0xAlex - Delegate Platform](https://gov.velora.xyz/t/0xalex-delegate-platform/1979), provide constructive feedback for the long-term benefit of Velora DAO, and I am eager to explore any opportunities involving Futarchy. ---
**Author:** ![Sov](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/sov/32/715_2.png) [@Sov](https://gov.velora.xyz/u/Sov)\ **Post date:** [June 5, 2025, 4:41pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/18 "2025-06-05T16:41:26Z")
Thanks @SEEDGov for putting together and for your leadership. I am interested in applying and look forward to continuing my involvement as a Velora delegate. Wallet address: sovereignsignal.eth ---
**Author:** ![DAOplomats](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/daoplomats/32/674_2.png) [@DAOplomats](https://gov.velora.xyz/u/DAOplomats)\ **Post date:** [June 6, 2025, 9:56am UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/19 "2025-06-06T09:56:24Z")
Thank you @SEEDGov for putting this together. We at DAOplomats would like to express our interest in the Delegate Incentive Program. We remain committed to active participation, transparent voting, and providing thoughtful governance inputs to support Velora’s long-term success. ---
**Author:** ![Tane](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/tane/32/725_2.png) [@Tane](https://gov.velora.xyz/u/Tane)\ **Post date:** [June 6, 2025, 2:42pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/20 "2025-06-06T14:42:41Z")
Thank you @SEEDGov! We, Tané, would like to participate in the Delegate Incentive Program, aiming to enhance the expansion and credible decentralization of this ecosystem. Our details and voting activity can be found in > [@Tané Delegate Platform](https://gov.velora.xyz/t/tane-delegate-platform/2097): > > Basic Information Delegate Name : Tané Delegate Address : tanegov.eth / 0xB79294D00848a3A4C00c22D9367F19B4280689D7 Snapshot Delegation Profile Page : [Tané Snapshot Profile](https://snapshot.box/#/s:paraswap-dao.eth/profile/0xB79294D00848a3A4C00c22D9367F19B4280689D7) Alternative Means of Contact: Website: [Official Website](https://tanelabs.com/) Twitter/X: [Official Twitter/X Account](https://twitter.com/tanelabs) Discord: tksohishi Telegram: takeshi55555 Introduction Tané is formed with a group of crypto-native product builders, based in Tokyo, Dubai and New York. We are backed by SoftBank, and Japanese tech giants… [Next page](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066.md?page=2)