# Velora Growth Committee (VGC) - Application Thread Season 1 **URL:** \ **Category:** Research and Discussion\ **Tags:** contributors\ **Created:** [April 29, 2025, 9:45pm UTC](https://gov.velora.xyz/t/velora-growth-committee-vgc-application-thread-season-1/2133 "2025-04-29T21:45:19Z")\ **Posts on this page:** 1\ **Showing post:** 14
**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:** [May 13, 2025, 1:16pm UTC](https://gov.velora.xyz/t/velora-growth-committee-vgc-application-thread-season-1/2133/14 "2025-05-13T13:16:56Z")
# VGC Election Result and Committee Activation With voting concluded, the first cohort of the Velora Growth Committee (VGC) is now confirmed. The elected members, [as determined by vote count](https://v1.snapshot.box/#/paraswap-dao.eth/proposal/0xd779e9a83af60833fc97d9e464a64df80113dde40fc517b4b3b91c2fc2f78877), are: - @citizen42 - @PGov - @boardroom Thus, the VGC is formed for this Season 1 by the 3 members selected by the vote, and the Treasury Manager role (initially will be held by @Avantgarde), the Governance Task Force (held by @SEEDGov) and a pasive seat held by @0xYtocin from @Laita. As outlined in the [Growth Framework](https://gov.velora.xyz/t/pip-63-paraswap-growth-working-group-outcome-velora-growth-framework-vgf-and-velora-growth-committee-vgc/2119), the next steps for the committee are as follows: **1. Onboarding & Orientation** The elected members will meet with the Governance Task Force, @Avantgarde and @0xYtocin from @Laita to align on scope, operational expectations, and communication cadence. **2. Operational Plan Publication** The committee will publish a Season 1 plan, including: - Key focus areas - Budget requests (if any) - Tentative milestones **3. Kickoff of Activities** Execution of growth initiatives will begin, with the committee providing regular public updates throughout the 6-month period. The first cohort officially begins on **May 13, 2025** , and will serve through **November 13, 2025** **4. Multisig Setup** In accordance with the Growth Framework, the Velora Growth Committee will operate a multisig wallet to manage funds securely. The wallet includes five signers, composed of committee members and the three permanent seats with a 3-of-5 threshold required for approvals. Safe: _TBD_ Signer: _TBD_ Signer: _TBD_ Signer: _TBD_ Signer: _TBD_ Signer: _TBD_ The VGC is a critical component of Velora’s broader governance evolution. This cohort will help test and refine the model, setting important precedents for future growth cycles. --- _[View the full topic](https://gov.velora.xyz/t/velora-growth-committee-vgc-application-thread-season-1/2133)._