Introduction (Unipersonal or representing an organization, background, expertise, WoW and any relevant information)
Today in DeFi Research is a DeFi Research team focused on HNWIs, DAOs and institutions. We do farming research, governance, project analysis, sector analysis and other fundamental research to inform treasury, portfolio management, and governance decisions.
We are the research arm of Today in DeFi, a DeFi news media.
Driver and Values (reasons of why to become a ParaswapDAO delegate, objectives, aspirations)
Community Empowerment: We are driven to become ParaswapDAO delegates to amplify community voices in governance. Our objective is to foster inclusive discussions, ensuring decisions reflect collective interests. We aspire to make ParaswapDAO a beacon of decentralized governance.
Integrity and Accountability: We commit to rigorous proposal analysis, engaging with stakeholders for informed decisions. Our goal is to vote with transparency, sharing clear rationales. We aim to build trust through accountability.
Innovation and Efficiency: We champion proposals enhancing Paraswap’s protocol efficiency, like gas optimization or new chain integrations, while ensuring sustainability. Our aspiration is to keep Paraswap at DeFi’s forefront, balancing innovation with stability.
COI Disclosure (Inform potential conflict of interests and if you are currently a delegate in any other DAO)
We are actively involved as delegates and contributors in multiple other DAOs. Any relevant conflicts of interest will be publicized when needed.
Proposal:PIP-69 - Velora Treasury Management
Vote: For Rationale:
We believe it is essential for Velora to actively manage and diversify its treasury. This ensures that the DAO maintains sufficient liquidity for daily operations while staying resilient against market volatility. A well-diversified treasury will also enable the DAO to strategically deploy incentives in the future whenever necessary.
Proposals: PIP-70 - Velora Contributors Program (VCP) - Cycle 2 Renewal Vote: For Rationale:
We support the active management and diversification of the Velora treasury, as it is essential to maintaining the liquidity needed for daily operations while safeguarding the DAO against market volatility. Diversification also positions the DAO to allocate incentives more strategically in the future.
We further believe that such a program is critical at this early stage to bootstrap DAO participation and invite broader stakeholder involvement. The program is well-designed with clear budget discipline, ensuring that the benefits generated will meaningfully outweigh the costs required. Lastly, I believe that adopting a structured approach to treasury management will enhance Velora’s resilience and strengthen its long-term sustainability.
We support the proposal to approve gas refunds for Epoch 34. Maintaining consistency across epochs is crucial to ensuring trust and predictability in our governance process. Contributors who take the initiative to engage and cast votes play a vital role in shaping the direction of the ecosystem, and it is important that they are not deterred by the financial burden of gas fees.
Timely and fair compensation encourages broader participation from both large and small stakeholders, reinforcing the principle of inclusivity in governance. This mechanism helps prevent disengagement that might otherwise arise from uneven costs, ensuring that every voice in the community can be heard without financial disadvantage. Approving this proposal safeguards continuity, strengthens engagement, and reflects our commitment to balanced and responsible budgeting that sustains the DAO over the long term.
We support the continuation of rewards distribution for Epoch 34. This proposal ensures that contributors are consistently recognized for their effort, dedication, and impact on the governance process. Rewards are not only a form of acknowledgment but also a key incentive that sustains active participation and high-quality decision-making across the community.
By keeping rewards distributions consistent across epochs, we reinforce the expectations set in earlier decisions, providing clarity and transparency to all participants. This reliability strengthens confidence in our governance model and ensures that contributors remain motivated to put forward thoughtful, well-informed input. In our view, supporting this proposal promotes fairness, accountability, and continuity — three principles that are essential for building long-term trust and credibility in our ecosystem.
Rationale: We voted Abstain on this proposal as we found the alignment between the initiative’s objectives and its direct value to the ecosystem somewhat unclear. While we appreciate the effort and intent behind the proposal and acknowledge the positive feedback shared by other delegates, we believe that the measurable impact and ROI could have been better articulated.
Proposal:PIP-71: VeloraDAO Sponsorship of Governance Day 2025 – Buenos Aires Platform: Snapshot Vote: FOR Rationale: We voted For this proposal because it feels like a sensible and constructive step forward for the DAO. The plan is well thought out, with a clear purpose and realistic scope. It strengthens ParaSwap’s foundation without overextending resources, and the expected outcomes seem both measurable and achievable.
We also see that the proposal has broad community backing and aligns with the DAO’s long-term direction — improving governance efficiency and overall ecosystem growth. While there are always details that can evolve later, the benefits clearly outweigh the downsides here, and we’re happy to support the initiative moving ahead.
We support the proposal to approve gas refunds for Epoch 34. Maintaining consistency across epochs is crucial to ensuring trust and predictability in our governance process. Contributors who take the initiative to engage and cast votes play a vital role in shaping the direction of the ecosystem, and it is important that they are not deterred by the financial burden of gas fees.
Timely and fair compensation encourages broader participation from both large and small stakeholders, reinforcing the principle of inclusivity in governance. This mechanism helps prevent disengagement that might otherwise arise from uneven costs, ensuring that every voice in the community can be heard without financial disadvantage. Approving this proposal safeguards continuity, strengthens engagement, and reflects our commitment to balanced and responsible budgeting that sustains the DAO over the long term.
We support the continuation of rewards distribution for Epoch 34. This proposal ensures that contributors are consistently recognized for their effort, dedication, and impact on the governance process. Rewards are not only a form of acknowledgment but also a key incentive that sustains active participation and high-quality decision-making across the community.
By keeping rewards distributions consistent across epochs, we reinforce the expectations set in earlier decisions, providing clarity and transparency to all participants. This reliability strengthens confidence in our governance model and ensures that contributors remain motivated to put forward thoughtful, well-informed input. In our view, supporting this proposal promotes fairness, accountability, and continuity — three principles that are essential for building long-term trust and credibility in our ecosystem.
We voted YES because this proposal adds a critical layer of transparency and accountability to our treasury operations. By partnering with Octav and launching a custom public dashboard, we enable community members to actively monitor how funds are allocated—who receives VLR or ETH, for what purpose, and when.
This increased visibility helps align the treasury with the expectations of our community of token-holders and contributors, reduces ambiguity around expense flows, and strengthens trust in how the DAO’s resources are managed. Given the maturity of our project and the growing importance of governance optics, supporting this initiative is a strategic step forward.
We would like to correct the typo in the voting rationale. The title of the snapshot should be PIP-72 - Liquidity Funding for Futarchy Experimentation in Velora Governance. The link is correct.
We’re in full support of approving gas refunds for Epoch 34. Keeping things consistent across epochs helps build trust and reliability in how we run governance. People who take the time to show up, vote, and stay involved are a big part of what keeps the ecosystem moving forward — and they shouldn’t have to think twice about participating because of gas costs.
Fair and timely refunds make it easier for everyone to take part, whether they’re holding a lot or just starting out. It’s about making sure governance stays open and accessible to all, not just those who can afford higher transaction fees. By approving this proposal, we’re not only helping maintain steady engagement but also showing that we value every contributor’s voice. It’s a simple, practical step that keeps our DAO healthy, inclusive, and built for the long term.
We support continuing rewards distribution for Epoch 34. This proposal helps make sure contributors are recognized for the time, effort, and care they put into governance. Rewards aren’t just a thank-you — they’re an important way to keep people engaged and motivated to participate meaningfully in shaping the community’s future.
Keeping rewards consistent across epochs also builds trust and sets clear expectations. It shows that the DAO follows through on its commitments and values reliability. When contributors know what to expect, they’re more likely to stay involved and contribute thoughtful input. Supporting this proposal is about more than just payouts — it’s about fairness, accountability, and keeping our ecosystem strong and steady over the long run.
We voted FOR because the data shows the gas refund program offers very little real value relative to its cost and maintenance burden.
Extremely low usage: Only 14 of 111 eligible addresses (~12.6%) claimed refunds in the last distribution, indicating the program is barely used and not meaningfully impacting real users.
Low strategic benefit: As a DEX aggregator already optimizing gas efficiency, there are few genuinely high-gas actions to justify a refund system. A “limited” version would add complexity while mostly benefiting bots.
Better capital allocation: Sunsetting the program saves ~$15k annually, which can be redirected to higher-impact initiatives like multi-chain expansion, staking incentives, deeper integrations, or marketing.
Operational simplicity: Removing an underused system reduces overhead without harming typical users.
Overall, this is a sensible move toward greater efficiency and better use of resources, which is why I supported the proposal.
Rationale:
We support gas refunds for Epoch 37 as a transitional step before the program is discontinued:
Concluding the Cycle: Although data shows this program offers low strategic value relative to its cost, it is essential to complete the remaining epochs’ administrative cycle. This ensures all outstanding obligations are met before the system is deprecated.
Maintaining Trust During Change: As we pivot toward better capital allocation (e.g., integrations, marketing), maintaining reliability during the transition is key. Approving this proposal validates the time contributors put into the remaining epoch.
Clean Break: Approving the remaining epochs allows us to clear the slate. It resolves pending claims, allowing the DAO to fully focus on the new, more efficient roadmap without lingering administrative debt from the refund program.
We vote FOR this proposal to ensure a clean and professional conclusion to the gas refund initiative.
Rationale:
Big support for the Epoch 37 rewards. Governance work often happens behind the scenes, and these rewards are a tangible way to say ‘we see you’ to everyone putting in the hours.
It’s crucial that we don’t break the chain. When the DAO is consistent with rewards, it builds a culture of trust and fairness. Contributors need to know that their efforts are valued and that the system is reliable. Approving this keeps the momentum going and ensures our most passionate members stay motivated to build alongside us.