Thanks for bringing this forward @SEEDGov I’ve had the chance and pleasure to explore this concept early on with @kas , while in research stages withing VGC, and I’m glad to see it maturing into proposal.
Prediction markets are an exciting frontier for governance and I think a futarchy experiment fits well with Velora’s ethos of testing and iterating new coordination mechanisms, especially now in the first footsteps of DIP 2.0
That said, I’d echo some of the points raised by other delegates that perhaps pure token price may not always capture the true impact of a governance decision. A future iteration could experiment with additional variables as mentioned by @PGov like protocol revenue, fees, or user activity, metrics that VeloraDAO already tracks and which often could point and influence governance more directly. Taking this with a pinch of salt possibly we could consider at later stage a phased approach (price first, then broader metrics) which would help us assess where futarchy signals carry the most weight.
I’d also like to see structured post-mortems on each futarchy market like participation, liquidity use, and whether the signal added value to the DAO’s decision-making.It would also be interesting to track if and how often delegates reference futarchy results directly in their rationales, since that may be another tangible indicator of whether the signal is actually informing governance.
Overall, I support moving ahead with this trial, it’s low-cost, the risks are limited and the potential upside is significant if it adds a new layer of signal for delegates. With careful framing around metrics and reporting, this could become a meaningful governance tool for VeloraDAO.
As a final thought, perhaps @SEEDGov could explore awarding 1 CP point (as per VCP Cycle 2 framework) for delegates who actively participate in futarchy markets, just enough to gamify engagement and ensure signals get tested in practice without skewing incentives. What say ?
Delegates frens are you ready to Yey or Nay the first experiment in futarchy within VeloraDAO?