[RFC] Paraswap Governance Monitoring & Analytics Service

Research and Discussion
1

Abstract

In recent years, DAOs have significantly advanced in growing communities and launching impactful initiatives. As these organizations scale, maintaining secure, transparent, and accessible governance becomes increasingly critical. Many DAOs like Paraswap commonly encounter governance challenges, including concentrated voting power and gaps in essential governance metrics. Addressing these issues effectively requires comprehensive governance research supported by specialized analytics.

Curia Lab proposes a Governance Research & Analytics initiative specifically tailored to Paraswap DAO. This initiative begins with in-depth research into existing governance dynamics, delegate behavior patterns, voter participation, and centralization risks. Insights from this research will inform the development of targeted analytics tools and recommendations to empower the community and support more transparent, effective decision-making.

Motivation

After serving as delegates for ParaSwapDAO for several months and engaging in discussions with fellow delegates, we’ve encountered challenges in accessing comprehensive governance data. It is particularly difficult to obtain metrics on current voting power distribution, and key delegate behaviors, including changes in the voting power of key delegates and the overall votable supply. We believe there is a need for dedicated research and analytics to fill these information gaps, enhance transparency, and strengthen overall governance within the ecosystem.

From our initial observation, ParaswapDAO governance faces two key challenges:

1. Lack of Critical Governance Metrics:

We observed that the votable supply is not being calculated. The current mechanism requires users to stake in order to vote, and if a user decides to pool 80% PSP with 20% ETH, they receive a 2.5x boost in voting power. Although tracking this data might be challenging, it is crucial for the DAO to monitor the votable supply. This would allow the DAO to adjust the quorum relative to the votable supply and track changes over time to maintain a healthy governance process.

Furthermore, some delegates exhibit highly volatile voting behavior due to the PSP/ETH pool multiplier. Therefore, it is necessary to track and monitor delegate voting activity to prevent any unusual behavior that could lead to a governance attack.

For example, Enerow.eth exhibits significant fluctuations in voting power. For the OAK Research Grant proposal, he held 2.2M VP, however, for the subsequent proposal, the ParaSwap Delegate Incentives Program, his VP surged to 122M, which represents 1/3 of the total voting power cast.

While these actions may not currently harm the DAO, it’s important to monitor them closely in case a governance attack occurs, thereby preventing any attempts to compromise ParaSwap’s governance.

2. High Voting Power Concentration in DAO Governance:

A few delegates in Paraswap’s DAO currently control a disproportionately large share of the votable supply. While it’s common for early-stage DAOs to have token holdings concentrated among a small group of contributors, it remains essential to monitor these dynamics to ensure transparency and fairness for all participants.

Concentration of Voting Power

Recent research indicates that:

  • Top Delegate Impact: The single top delegate holds 13.44% of the votable supply. With the quorum set at approximately 25M PSP tokens, this delegate’s voting power is around 121.9M PSP tokens—roughly 4.9 times the quorum. Such an imbalance can undermine the fundamental purpose of a quorum, which is to ensure a minimum level of participation.

  • Delegated Influence: In practice, only the top eight delegates are needed to influence the outcome of proposals, meaning that a small group of individuals can steer the DAO’s decisions.

  • Impact on Decision-Making: In the last 10 proposals, the average voting power was approximately 246.54M PSP were cast. Given that the top delegate alone wields 121.95M votes, this single entity could potentially influence nearly 49.4% of the voting outcome, further emphasizing the potential for centralized control within the DAO.

Delegate Distribution Breakdown

An analysis of the voting power distribution among delegates in Paraswap breakdown clearly shows that the top 10 delegates alone control more than 50% of the voting power, highlighting a significant risk of centralization.

Ref.
  • Top 1–10: 58.79% of total voting power
  • Top 11–50: 26.50% of total voting power
  • Top 51–200: 11.62% of total voting power
  • Top 201–500: 1.91% of total voting power
  • Top 501–1000: 1.20% of total voting power

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Our analysis of Arbitrum, which is considered one of the leading DAOs, shows that the top 1–10 delegates account for only 39.6% of the voting power among the top 1,000 delegates. This more balanced distribution suggests that there is significant room for Paraswap to improve its voting power distribution.

One of the world’s leading venture capital firms recently published a report on governance, highlighting the importance of delegation in online governance. The report states that while user-friendly delegation websites can increase voter participation by over 20%

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Proposed Solution

We propose a robust Governance Monitoring & Analytics Service that continuously tracks, analyzes, and reports on key governance activities. This integrated solution comprises:

  • Governance Analytics Monitoring
  • Governance Research & Data Reports
  • API & Integration Toolkit

Tailored specifically to ParaswapDAO’s governance needs, this service provides comprehensive, actionable insights into delegate behaviors, voter participation trends, voting power distribution, and governance risks. By leveraging near real-time data feeds, ParaswapDAO will benefit from improved delegate accountability, informed strategic decisions, and proactive risk monitoring.

Our overarching vision is to serve as an end-to-end governance data infrastructure, ensuring DAO governance is transparent, measurable, and secure—fully aligned with ParaswapDAO’s objectives for increased participation and sustainable governance excellence.

Governance Analytics Monitoring

A comprehensive analytics tool that visualizes key governance metrics, tracks voting power distribution, and provides detailed monitoring of delegate performance and governance risks.

Key Metrics Tracking Include:

Holder Metrics: It enables us to understand the distribution of PSP token holders and quantify the untapped PSP that can be converted into active voting power.

Metrics
  • Holder Wallets: Represents the total count of unique wallet addresses holding or vested with the PSP token.
  • Token Supply: Displays the total amount of PSP tokens available, including both circulating and vested tokens.
  • Votable Supply: Indicates the number of tokens that can be used to vote, including those that are vested.
  • Share of Votable Supply: The percentage of the total circulating supply that is currently delegated and available to participate in governance votes.

Delegate Metrics: It provides insights into the role of delegates within the governance process, highlighting their influence and activity over time. This would empower token holders to make informed decisions when selecting delegates and ensure that these representatives actively serve the community.

Partial Delegated Token: Displays the voting power received through partial delegation, where individuals have distributed their votes among multiple delegates.

Metrics
  • Delegated Table: Displays ranking, delegate name, delegated tokens (% voting power), delegating address, voting turnout, and the most recent five votes.
  • Voter Turnout: Tracks individual participation by monitoring recent proposal activity.
  • Delegate Profile: A dedicated page for each delegate, displaying all proposals they have voted on or abstained from.
  • Rationale Vote: Tracks whether a delegate only votes or also provides a rationale and discussion for their vote, both on-chain and in forums.
  • Non-Conformity Ratio: Displays the ratio of times a delegate votes against the majority.
  • Delegation Tracking: Monitors changes in the amount of delegation each delegate receives by evaluate through staking mechanism and (Future development).

Voting Power Metrics: It provides insights into the distribution of governance power by highlighting metrics such as the distinction between small and large holders, overall voting power distribution, and levels of decentralization. . These metrics help identify centralization risks and drive initiatives toward a more decentralized voting landscape.

Metrics
  • Delegate Nakamoto Coefficient: The number of top delegates required to control 50% of the votable supply.
  • Delegate Quorum: The number of top delegates needed to reach the proposal quorum.
  • Distribution of Voting Power: Compares voting power between small and large holders, including data on tokens delegated by each group, the percentage of wallets that have delegated their voting power, and a detailed comparison of voting power between the two groups.

Proposal Metrics: This section offers comprehensive insights into governance proposals, helping ParaswapDAO understand proposal dynamics, community engagement levels, and voting outcomes. This enables the DAO to identify popular proposal topics, refine strategic governance decisions, and improve overall decision-making responsiveness to community interest.

Metrics

Proposals Table: Displays all proposals with details such as name, status, outcome, and category

Participation Metrics: It provides insights by identifying areas of low engagement, highlighting opportunities to boost overall participation. These metrics also enable detailed tracking of delegate and voter involvement, allowing the DAO to develop targeted strategies that effectively increase governance activity.

Metrics
  • Proposal Engagement Overview: Includes unique voter counts, total voting power used, and participation rate relative to the votable supply.
  • Tracking Participation: Monitors participation among the top 1000 delegates.
  • Delegated Voting Power Analysis: Compares voting power delegated from small versus large holders across various delegate categories (active, inactive, ghost) and provides a breakdown of delegators by size for each category.

Voter Behavior: Voter behavior analytics assist ParaswapDAO in optimizing governance effectiveness by pinpointing the optimal timing for voting periods to maximize participation. This ensures critical proposals receive adequate attention at the right times, enhancing the overall responsiveness and efficiency of governance processes.

Metrics

  • Voting Density: A heat map showing voting density over different time periods.

  • Voting Momentum: Tracks voting momentum during various stages of the voting cycle (early, normal, late, and ending).

Governance Research & Data Reports

Delivers customized and regular deep-dive governance analyses, converting complex data into actionable insights:

  • Deep Governance Research: Identifying governance gaps and opportunities, innovating targeted metrics.
  • Tailored Insights: Customized analytics frameworks and actionable recommendations specifically aligned with measurable KPIs such as increased voter turnout, improved delegate engagement, and reduced voting concentration risks for ParaswapDAO.
  • Periodic Reporting: Comprehensive analysis including data interpretation, key metrics tracking, actionable recommendations, and visual clarity with intuitive charts and graphs. The report will specifically align with ParaswapDAO’s voting cycle, prioritizing near-term data relevant to upcoming governance decisions and minimizing reliance on historical data unless directly impacting future governance actions

Data & API Provider

To empower ParaswapDAO’s community, we provide an open and robust infrastructure for easy access and integration of governance data across the ecosystem. This service is specifically designed to enhance transparency and facilitate data-driven governance initiatives, directly supporting community-led programs such as the Delegate Incentive Program (DIP).

  • Public API Access: Offers real-time access to governance analytics, enabling external researchers, delegates, and community stakeholders to transparently track delegate performance, voting patterns, and the effectiveness of incentive programs such as DIP.
  • Integration toolkit: Provides a flexible, plug-and-play toolkit, allowing easy embedding of governance analytics into Paraswap’s existing platforms, dashboards, or community applications without extensive technical resources or overhead.
  • Collaborative and Community-Centric Development: Built collaboratively with the Paraswap community to continuously refine data access, usability, and integration, ensuring the service remains responsive to unique governance needs and priorities.

Contribution of Our Services in Other DAOs

Curia Lab’s experience includes:

Our proven track record demonstrates our ability to design and implement effective governance monitoring systems.

Timeline

The scope of the initiatives will cover the development, deployment, and operation of the Governance Monitoring & Analytics Service over a 12-month period. During this time, the service will be continuously maintained and updated with daily analytics, incorporating community feedback for ongoing improvement.

Milestones

Milestone 1: Initial Design Mockups & Metrics

  • Research & Ideation:

    We started by identifying key governance metrics and gathering community feedback. We also defined the initial scope for Governance Research & Data Reports and the Public API requirements.

  • Design & Mockups:

    Based on our research, we created initial mockups focused on user experience and key metrics visualization. These included preliminary designs for the Governance Analytics hub, Research Reports structure, and Public API accessibility. Designs were shared for community feedback.

Milestone 2: Develop monitoring tool, Research Reports, & Public API

  • Development Phase 1:

    Developed an MVP of the Governance Analytics hub featuring holder metrics and voting power concentration metrics. Initiated development of initial Governance Research Reports framework and basic Public API endpoints. A mid-development preview was released to gather community insights.

  • Development Phase 2:

    Expanded the analytic hub with additional metrics, including detailed proposal and participation analytics based on community input. Further developed and refined the scope of Governance Research Reports, adding monthly report templates aligned with ParaswapDAO’s governance cycle. The Public API was expanded with real-time endpoints to access essential governance metrics and delegate performance data.

  • Testing & Iteration:

    Conducted multiple testing rounds for the Analytics hub, Research Reports, and Public API to ensure data accuracy, usability, and functionality. Iterative improvements were applied based on community feedback and internal testing results.

  • Launch Governance Analytic hub, Research Reports & Public API:

    Official launch of the comprehensive Governance Analytics hub, initial monthly Governance Research & Data Reports, and fully accessible Public API. Gathered immediate post-launch feedback from the community.

  • Refinement:

    Further refined the Analytic hub, Reports, and API features based on post-launch community insights to enhance usability, accuracy, and user experience.

Milestone 3-12: Maintenance & Continuous Improvement

  • Ongoing Maintenance:

    Committed to maintaining daily updates across the Governance Analytics Hub, Research Reports, and Public API to ensure reliability and accuracy.

  • Continuous Community-driven Iterations:

    Ongoing enhancements and feature expansions based on evolving community needs, governance priorities, and user feedback, ensuring sustained relevance and value to ParaswapDAO.

Tech & Data Overview:

We will be developing tools that integrate data from multiple sources including Google BigQuery, Snapshot, and various databases. Our solution features an open-source frontend built in Next JS, which will be hosted on Vercel for optimal performance and reliability. The backend infrastructure will be implemented using Google Cloud services, managed through Curia’s infrastructure. We’ll develop internal tools to support and categorize new proposals, ensuring efficient data management and classification. The system will aggregate governance data in T-1 days, process it through our middleware layer, and present it through an intuitive analytics interface. This architecture ensures scalability, maintainability, and robust data handling capabilities while maintaining the open-source nature of the project.

KPIs

We will track specific KPIs, including:

  • Number of Monthly Visitors
  • Link Clicks to Voting Portal
  • Mentions & References from Delegates and forums
  • Number of API requests call

Budget Request

We are requesting $40K to cover the essential operational costs for our advanced governance analytics platform over a 12-month period.

Total Payment: $40,000

  • $20,000 in USDC (Milestone-Based) – Paid in USDC
  • $20,000 in PSP = 1M PSP (Vesting starts after 6 months, then vests over the next 6 months)

Milestone Breakdown

  • Milestone 1: Initial Design Mockups & Metrics → $5,000 USDC

  • Milestone 2: Development of Monitoring Tool, Research Reports & Public API → $7,500 USDC

  • Milestones 3-5: Maintenance & Continuous Improvement → $2500 USDC per each milestone

  • Milestone 6-12: PSP Vesting for 6 months → $20,000 in PSP (1,000,000 PSP)

This funding will cover:

  • Infrastructure: Core services required to support the analytics hub.
  • Maintenance & Operations: Ongoing efforts to keep the platform updated and running efficiently.
  • Data Management: Expenses for collecting, storing, and processing data.
  • Third-Party Services: External solutions that enhance the platform’s functionality.
  • Overhead: Administrative and operational expenses that ensure smooth day-to-day operations.

Note: We have absorbed all development costs internally, delivering the platform entirely free of charge. This commitment ensures that all the funds go directly toward maintaining and enhancing operational performance that will directly improve ParaswapDAO’s efficiency and governance.

To ensure that ParaswapDAO retains the tool longevity, we commit to:

  • Open-sourcing the UI and formula calculations.
  • Exploring integration into Paraswap’s main UI, making governance analytics a permanent feature.
  • Aligning with the Growth Group initiative to increase engagement.

Team

Curia Lab brings extensive experience in research, data analysis, and decentralized governance. Our team has actively participated as delegates in multiple DAOs and has developed governance tools for projects such as the Optimism Collective and SafeDAO. We are committed to creating tailor-made, data-driven tools that address the unique challenges and needs of ParaswapDAO.

Contact Information

Twitter: Curia

Telegram: @v3dao, @englandkiiz

Email: varit@curialab.xyz

Website: Curia Hub

1 Like
2

Thanks for this proposal @Curia. After reviewing the details, this is exactly the kind of initiative that we’d like to support. It directly provides insights into voting power concentration and other factors that could be holding ParaSwap governance back. The funding structure also makes sense - splitting up the $40K between milestone delivery and vesting PSP helps make sure everyone is aligned. As long as the KPIs are detailed, happy to proceed with this.

3

We believe Curia is offering a fair price for the platform and services compared to market rates. Combined with the proposal author’s experience, this makes it a strong opportunity for the DAO to acquire the product. The key question is whether the DAO truly needs it, because even at a good price, it should only be purchased if it adds value.

In our view, this tool could significantly improve the DAO’s ability to understand its governance landscape, providing valuable insights that support better decision-making based on data.

4

We thank @Curia for the proposal and appreciate the effort put into this. It’s technically sound and includes a well-structured plan for the governance analytics platform. It’s also timely as the DAO has only recently begun efforts to kickstart and revitalise the DAO and Paraswap’s governance.

However, we do have some concerns and questions we’d like answered to better understand the platform’s use case.

Firstly, I don’t believe the proposal fully acknowledges the DAO’s recent efforts and ongoing work to address some of these key governance issues; which so far has arguably been a successful revitalisation, with significant improvements in delegation and voter participation. As part of this, we’re actively addressing issues like voting power concentration and quorum adjustments. As one of the largest delegates on Paraswap, Avantgarde has been delegating tokens to many of the delegates that are now actively participating. We have also recently had discussions regarding raising the quorum and as far as we know no opposition has been expressed here, so that’s likely to happen pretty soon. Given this context, the immediate necessity for an extensive analytics platform is not entirely clear to me at this point — we are moving in the right direction and things take time.

My primary concern revolves around the practical application of the proposed metrics. While the data itself is valuable and visualisations are nice to have, providing some clear, tangible examples of how it will translate into actionable improvements in our governance would be very helpful. Simply put, how will these metrics help us make better decisions or prevent potential issues beyond just making us aware of them (which we kinda already are)?

The clearest use-case that I see right now is monitoring for governance attacks, but we also need to understand how monitoring translates into preventative action.

To summarise our thoughts:

  • The proposal is technically sound, but it needs to be more practically oriented and show how it enhances current efforts
  • The focus should shift from “here’s data” to “here’s how you use this data to improve governance”
1 Like
5

Thanks for the proposal @Curia I agree with other delegates in the sense that proposal presents a relevant service for the DAO and it seems fairly priced. @Avantgarde raises a fair point on actionable insights. I’d also like to know if there are other DAOs who have taken ‘actions’ based on these insights and if there are any examples of how this monitoring and resulting actions helped DAOs mitigate risks.

1 Like
6

Hey @Avantgarde @jengajojo_daoplomats , thanks so much for your thoughtful feedback and insightful questions!

We completely understand your points, and really appreciate the recent efforts by Avantgarde and the DAO—particularly in boosting delegation, voter participation, distributing voting power, and launching initiatives like the Delegate Incentive Program and Project Miró. We believe this analytics solution directly support and amplify these efforts by clearly identifying what’s effective, quickly highlighting potential issues, and proactively pinpointing more areas for future improvements.

Here’s how we envision this can practically be benefiting to ParaswapDAO:

Current Initiatives

  • Delegate Incentive Program: Near real-time tracking of delegate engagement, voting consistency, and nd the impact on the overall ParaswapDAO governance landscape, supporting @SEEDGov team and the DAO to measure the effectiveness of incentives and make necessary adjustments.

  • Project MirĂł: We aim to track the progress and impact of the new governance token adoption, quickly highlighting any challenges or issues. This ensures a smooth and successful transition during this crucial period.

  • Optimizing Quorum and Voting Cycles: With insights into participation patterns and votable supply, we can help the DAO optimize voting cycles and dynamically adjust quorum levels. For example, consistent voting schedules have improved participation in DAOs like Arbitrum, and we believe Paraswap could benefit similarly.

Practical Uses

  • Monitoring governance risk: We will continuously monitor voting power dynamics, providing immediate alerts to potential threats or unusual activity, especially important during key transitions like Project MirĂł.

  • Identifying Other Improvement Opportunities: By proactively spotting trends and gaps, we aim to help the DAO identify new opportunities to enhance governance, ensuring ParaswapDAO stays ahead of potential issues.

Another relevant example is ENS DAO, where they identified vulnerabilities from voting power dynamics and minimal proposal-to-voting delays. This early detection allowed ENS DAO to quickly implement protective measures, including creating an Security Council, significantly strengthening their governance security. This situation clearly highlights the critical role analytics and monitoring play in protecting DAOs from potential threats.

Why This Matters Now

ParaswapDAO is at an exciting turning point. Having easily accessible governance data infrastructure and insight will ensure these important initiatives are implemented effectively, keeping the community informed and engaged.

We’re excited to continue this discussion and work closely with everyone to ensure the analytics meet the ParaswapDAO’s evolving needs.

7

Thanks for your proposal!

I would like to see this with more details, so we can get a better sense of how that can bring extra insights for the DAO.

Is there examples of research pieces produced by Curia that you can share with us?

I’m alao interested to see the reach (especially on twitter or crypto-related publications) of your work. This would be a nice byproduct for the DAO: increasing the exposure/mindshare of Paraswap with relevant audiences.

8

Hey @jameskbh, thanks for the questions! While we haven’t published stand-alone research reports, we’ve collaborated with various communities on research to refine governance methodologies, and develop analytics tools. Examples include the Concentration of Power Index (CPI) and the Voting Influence and Concentration Analysis (VICA) for the Optimism Collective.

Regarding our periodic report, our monthly report (eg. SafeDAO report) have led to tangible improvements—most notably, SafeDAO’s adoption of OBRA Steering Committees and Council Structures. Our focus is on delivering actionable insights that help DAOs make informed decisions and evolve their governance processes over time. Happy to dive deeper if needed!

1 Like
9

I believe this proposal can bring real value to the DAO: better transparency, governance efficiency, and community engagement.

Right now, if I want to compare my VP with other delegates, I have to go on Snapshot, dig through proposals, and scroll down. It’s a pain.

Also $40K is totally worth it. Even the value Curia Lab brings is way beyond the cost. Not just for current delegates, but future ones too, it’ll give clarity on governance, performance, and insights to improve their engagement.

Just small concern about the KPIs. It makes sense, but they feel a bit qualitative? Would be great to break them down into specific numbers or at least rough estimates. Also, small question if usage doesn’t hit the expected KPIs, does the DAO have the option to pause funding?

10

Thank you, @Curia, for the proposal to address some of the DAO issues. The proposal is well-structured and has the potential to bring valuable insights, enhance transparency, and improve the UI/UX of DAO tools for new stakeholders joining Project Miro in the future.

However, as @Avantgard highlighted, I am not fully convinced that the proposed services will lead to significant improvements in governance structures. This is something we can experiment with.

Regarding the pricing, as I mentioned in my initial feedback, it is relatively high and does not fully justify the expense for me.

That said, I recognize the need for such tools and services, especially during our migration process. They would be particularly useful for visualizing our data, helping delegates and stakeholders gain a better understanding of the DAO’s current state. For this reason, I am in favor of approving approximately half of the requested budget. We can definitely consider increasing the budget after a year, once we have fully migrated to Project Miro and our activities have scaled up.

11

Hi @Curia team! Thank you very much for putting this proposal into consideration. We understand that the monitoring and analysis service you offer may be particularly useful in other DAOs that are in a more advanced and complex stage of evolution, to serve as a basis for a more comprehensive understanding of the state of the DAO, deepen the analysis, and proceed to decision-making.

However, for ParaSwap, we consider that it is not the most appropriate time to implement the proposed service, as the DAO and the protocol are in the process of experiencing a reactivation of its activity, the incorporation of new actors and the imminent launch and implementation of Project Miro. In other words, the DAO is in the middle of a phase of transformation and evolution, and therefore we understand that it is not the best time to develop a tool like this one. We believe that the services you offer will become a very necessary tool in the near future, when the DAO adopts a more developed form and activity, i.e. when it deepens the path it is currently taking, and that it will be a tool adapted to the needs of that moment.

As far as the DIP is concerned, and in our role as program managers, the tool you mention is not necessary at the moment, as we are carrying out the first steps of this role with a dune dashboard and a basic spreadsheet that we crafted internally, which has the metrics we need at the moment (proposal tracking, VP per proposal, individual voters, distribution and concentration of VP, etc.). It is very likely that in the next steps of the DIP there will be needs that we cannot cover today with this dashboard and that a tool like the one you propose will be useful, which reinforces our previous idea regarding the opportunity, we understand that this is not the right time to develop this tool.

For all these reasons, we believe that the tool you are proposing could be very useful, but this is just not the right time for it. We humbly suggest postponing the proposal and the vote for a few months and revisiting it once the ongoing changes have progressed and some of the significant upcoming changes have been implemented so that the tool to be developed can be tailored to the specific needs of that moment.

3 Likes
12

First, it’s nice to see this initiative taken to propose a Governance Monitoring & Analytics Service. Robust and accessible analytics are crucial tools for promoting transparent, informed, and active community governance

This proposal identifies several pain points that we understand and share, including low participation rates, unclear delegation accountability, and limited insight into voting behaviors. Overall, we are supportive of this, and at the very least, something like this.

A few potential suggestions and thoughts:

  • Historical Trends and Comparative Insights: Historical analysis and trends over time would be useful
  • Integrated Delegate Profiles: Maybe we could integrate detailed profiles that highlight each delegate’s voting consistency, rationale behind key decisions (possibly through direct delegate statements or summaries), and comparative voting alignments with major stakeholders onto this.
  • Community Alerting System: Alerts or periodic community governance summaries, shared via Telegram ideally :), would maintain continual governance awareness.
  • Feedback and Iterative Improvement: Setting up a clear feedback loop within the analytics platform itself could enable ongoing improvement.

Timing is tricky, we are still rather nascent and therefore don’t feel strongly about this at this moment. Overall, we do think this is needed at some point in the future, if not now. Nonetheless, thanks to the Curia team for taking a stab at this!

13

Hey frens,

It does seem the RFC is sparking some solid discussions and I’d be happy to support it considering @Curia’s track record. The idea of tracking governance to boost transparency and engagement is compelling and I admit there’s real value in getting this right as we noticed with @SEEDGov current effort which proves a success. That said, I feel we need to take in consideration the yet uncertain moves on Project Miro and probably a stronger take on how to handover the effort to the DAO once its complete. Fitting this into our current way of operating and current efforts does feels tricky and I wonder if other priorities might need attention first, to chime in with some of others thoughts.
Maybe it’s worth considering this at a later stage once we have certainty where and how ParaSwap will be after upgrade, which as is, most likely would delay your work and probably generate some unforeseen funding, being cost aware for the DAO the price feels great but would still like to see some autonomy to this, something to remain with us, sort of.

A couple of questions that come to mind to possibly think about before we move RFC to PIP: What if Curia stops developing this down the line? Could we bake in an easy handover, say standard tools and a clear guide, so someone else can pick it up without a hitch? or can we automate it enough, like a subscription service the DAO maintains with minimal fuss, to keep it humming long-term?

I’d love to hear your takes, admire your work and effort and definitely think we as a DAO need it but just feel timing is key.

14

At WakeUp Labs, we’re excited about data-driven initiatives like this one, especially when they lead to tangible, meaningful outcomes. We value experimentation and see real potential in how this proposal could generate fresh ideas for the DAO.
That said, we would feel more comfortable if we can ensure these insights translate into real actions—new proposals, informed decisions, and deeper community engagement.

Would it be possible for @Curia to modify or add additional success metrics?
We believe it’s more impactful to track metrics such as the number of new initiatives sparked by these insights, which demonstrates how effectively the data is driving progress.

We look forward to continuing this discussion and seeing how this initiative can help our DAO thrive.

1 Like
15

Thank you all for your thoughtful feedback and support. Initially, we believed our initiatives would help ParaSwapDAO effectively navigate Project Miro and better monitor its governance dynamics. However, after receiving extensive feedback, we recognize the community’s consensus that the timing might not be optimal for introducing this initiative.

Taking your suggestions into account, we have decided to pause the proposal for now and plan to revisit it in a couple months once the Project Miro migration is complete. Additionally, we appreciate the valuable insights regarding monitoring metrics and defining clear success criteria, which we intend to incorporate into future updates to this proposal.

We look forward to resuming this conversation after the Project Miro migration is complete, when it better aligns with the DAO’s evolving needs.

7 Likes