Proposal: Rewards distribution for Epoch 31
Vote: FOR
Rationale: We have reviewed the information provided in the proposal and used the valuable verification tool to confirm that everything is in order and aligned with expectations. Therefore, we vote in favor of proceeding with the proposed fee distribution for Epoch 31.
Proposal: Gas Refunds distribution for Epoch 31
Vote: FOR
Rationale: We also checked the gas refund distribution files and everything is in order.
Proposal: PIP-65 - Enhancing Predictability in VeloraDAO Governance
Vote: ADOPT ONLY HOLIDAY BREAK
Rationale: We support and vote in favor only of establishing the Holiday break, as activity within the DAO significantly decreases between December 24 and January 6 due to Christmas and New Year celebrations. During this time, many people are either spending time with their families or traveling for the holidays, so we see value in formally recognizing this period as a break for the DAO, consistent with practices in other governances. If an urgent matter arises that requires prompt action even during this timeframe, the PEP mechanism remains in place and is explicitly exempt from this restriction.
But we are voting against the rest of the options, and below we explain our rationale:
Proposal: PIP-66 - Deprecation of the Governance Committee
Vote: FOR
Rationale: We vote in favor of this proposal, of which we are co-authors, as we believe that the GovCo — which once played a very important role — has lost its purpose due to the automation of fee and gas refund calculation and distribution.
Additionally, this proposal represents another step forward in decentralizing the DAO by transferring the last two remaining responsibilities previously held by GovCo: determining whether a proposal qualifies as a PIP and managing the Fee Claimer wallet multisig on Ethereum. These responsibilities, which were previously centralized, will now be handled under a clear and predictable decentralized framework.
Finally, this proposal will result in an annual cost saving of $60,000 USD for the DAO.
Proposal: PIP-67: Project Miro - Deployment of VLR on BSC
Vote: FOR
Rationale: We support this proposal, as according to DeFiLlama, BSC ranks third in DeFi TVL, first in 24-hour DEX volume, and fifth in Bridged TVL. In other words, it is one of the most active blockchains, making it completely reasonable to deploy VLR there. Moreover, this proposal brings no cost to the DAO, as it simply reallocates treasury-owned funds, which can be returned fully or partially if needed.
Proposal: Rewards distribution for Epoch 32
Vote: FOR
Rationale We have checked with the verification tool provided and everything seems to be in order, so we vote in favor of proceeding with the Epoch 32 distribution of the fees as proposed.
Proposal: Gas Refunds distribution for Epoch 32
Vote: FOR
Rationale We have verified the gas refund calculations and everything seems right, so we vote in favor.
Proposal: Gas Refunds distribution for Epoch 33
Vote: FOR
Rationale We have checked using the verification tool and everything looks fine, so we vote in favor of the Gas Refund as proposed.
Proposal: Rewards distribution for Epoch 33
Vote: FOR
Rationale: We have also verified the json file for the Fees Distribution proposal, and it also seems to be ok, so we are voting in favor of it as well.
Proposal: PIP-68 - Upgrade VeloraDAO’s space to Snapshot Pro
Vote: FOR
Rationale: We voted in favor, as we consider it essential to maintain the split-delegation function, which will be no longer available in the free version. While the other features of the Pro version may be interesting, they are not as critical as the aforementioned function, which in our view is decisive in supporting this proposal. The cost is reasonable and manageable.
Proposal: PIP-69 - Velora Treasury Management
Vote: FOR
Rationale: We support this proposal, authored by us, as we believe that given the current level of maturity of VeloraDAO and the challenges of the crypto market, it is necessary to have a professional and dedicated treasury manager. With a clear and predictable framework of duties and responsibilities, this role should develop and implement strategies aimed at preserving and sustainably growing the DAO’s treasury over time, ensuring its financial health and mitigating risks. We believe Avantgarde is best positioned to take on this responsibility at this moment, given their deep knowledge of the protocol and the DAO, as well as their strong alignment with both.
Proposal: PIP-70 - Velora Contributors Program (VCP) - Cycle 2 Renewal
Vote: FOR
Rationale: We support this proposal because the success of Cycle 1 requires doubling down on the DAO’s, delegates’, and members’ efforts and commitment to ensure the DAO continues to support the protocol’s path to success. We believe the proposed changes in Cycle 2 create the right incentives for this, raising the bar of requirements and fostering impactful contributions.
Proposal: Gas Refunds distribution for Epoch 34
Vote: FOR
Rationale: We have carried out the verification using the provided tool with respect to both chains, and everything appears to be in order. Therefore, we are voting in favor of the gas refund as proposed.
Proposal: Rewards distribution for Epoch 34
Vote: FOR
Rationale: We also performed the verification of the rewards distribution proposal regarding both chains, and everything also appears correct. Consequently, we are voting in favor*.
Proposal: PIP-71: VeloraDAO Sponsorship of Governance Day 2025 – Buenos Aires
Vote: ABSTAIN
Rationale: As one of the organizers of Governance Day, we remained aside from the debate and voted to abstained to avoid any conflict of interest.
Proposal: PIP-72 - Liquidity Funding for Futarchy Experimentation in Velora Governance
Vote: FOR
Rationale: We voted in favor of this proposal our own authorship, as we believe it fosters futarchy experimentation, which can be highly valuable for collecting data to test more modern and innovative governance processes in the future and also it provides real and tangible new utility for the VLR token, all without any cost to the DAO.
At the same time, given the novelty of this system, currently implemented in only a few governance experiments (Gnosis, Kleros, and Uniswap, as far as we know), we believe it creates a strong narrative that the protocol and its DAO can leverage in its communications, positioning itself at the forefront of innovation in emerging governance trends.
Proposal: Rewards distribution for Epoch 35
Vote: FOR
Rationale: We have used the verification tool to confirm that the reward distribution proposals for both Ethereum and Optimism seem to be correct, so we are voting in favor.
Ethereum:
Optimism:
Proposal: Gas Refunds distribution for Epoch 35
Vote: FOR
Rationale: We have checked with the verification app and everything seems correct, so we vote in favor of distributing the gas refund as proposed.
Here is the example of Ethereum, the same positive result is obtained with Optimism and Base files:
Proposal: PIP-73: VeloraDAO x Octav Partnership for Clear Treasury Reporting
Vote: FOR
Rationale: We voted for this proposal since clearer information leads to better decisions. Additionally, monthly reports tracking and categorising treasury transactions and holdings would increase transparency and accountability.
As we mentioned within the forum discussion, we have been maintaining a dashboard with similar information, but we found some limitations with manual data entry and centralisation.
Both issues would be addressed by the Octav team through automated blockchain data integration while remaining accessible to the community, not only through monthly reports but also with a real-time dashboard.
Lastly, we think that the budget makes sense for what this proposal brings to Velora.
Proposals:
Vote: FOR
Rationale: We have utilized the verification tool provided by Wakeup Labs with the json files for all three networks (Mainnet, Optimism, and Base) and for both the Rewards Distribution and Gas Refund proposals, and everything seems to be in order. Therefore, we vote in favor of the distributions proposed in both votings.
