Abstract

Given the current stage of the DAO, which is experiencing a process of revitalized activity and the incorporation of professional contributors across various areas, we observe the need for a governance participant who is neither a core developer nor an incentivized delegate, to guide the DAO in the long-term and ensure that incentives remain aligned. And we want to contribute to this effort.

This proposal aims to transition our role and responsibilities in the DAO from our current role as delegates and DIP Program Managers to a more comprehensive and integral role with more scopes and responsibilities that will allow us to be more deeply committed and involved in the governance of the DAO.

During the proposed period, we will take on a variety of tasks and responsibilities aimed at improving the DAO’s decision-making processes, increasing both the quantity and quality of activity, strengthening Velora DAO, and adequately preparing the DAO to face the imminent challenge of implementing Project Miró.

Goals & Review

1.- Introduction - Motivation and Rationale:

You can read this section here

2.- ParaSwap/Velora <> SEEDGov:

You can read this section here

3.- New role - Scope - What we offer:

We have more ideas to implement and now feel more confident in the DAO and its community, which has been receptive to the initial direction we proposed. With Project Miró entering its early implementation phase, the protocol is set for significant changes and improvements. These will also bring major challenges, requiring the DAO to be better prepared and more organized.

To support this evolution, we propose redefining our role to provide a structured service to the DAO, deepening our commitment and responsibilities. Our goal remains the same: to strengthen the DAO, enhance its activity, and help it become a driving force behind the protocol’s growth. We believe the DAO has immense potential and want to contribute by coordinating efforts to accelerate its transformation.

Our Planned Actions:

• Commit to propose governance actions to help define Velora DAO’s priorities within operations, and community engagement. Our focus will be on fostering better decision-making, strengthening DAO structure, raising the quantity/quality of debate, attracting talent, increasing partnerships, and identify areas where the DAO can actively collaborate to support and drive the protocol’s growth.
• Act as a liaison and coordinate efforts with the Foundation, Laita Labs, service providers, partners, working groups, committees, task forces and any other future roles or stakeholders. This includes focusing on community engagement, understanding user needs and aligning the DAOs perspective on strategic proposals. The goal is to translate these efforts into actionable plans while also ensuring their effective execution.
• Support and promote the creation of task forces, committees, and/or working groups with well-defined scopes and structured frameworks, ensuring their coordination with other DAO structures as DAO deems necessary to fulfill its purpose. Strengthening these initiatives will help establish more predictable and robust structures, fostering effective collaboration among stakeholders to drive the growth of both the DAO and the protocol.
• Continue improving governance processes by evaluating and updating governance parameters and decision-making mechanisms to enhance the DAO’s security, refining and improving the PIP lifecycle, implementing on-chain voting, and revisiting quorum and PSP thresholds, integrating more automated tools to track delegate participation metrics accurately, among others initiatives.
• Promote discussions and facilitate the process for the creation of a structured grant program to support DAO initiatives, ensuring it provides resources for interested projects.
• Establish a more efficient service provider selection process, ensuring that providers align with the DAO’s objectives and contribute effectively to its needs.
• Moderate the forum to avoid spam and resolve conflicts. Also reporting to the DAO any improper action by any of the team members. (we request for admin/mod credentials and permissions).
• Monitoring the compliance of proposals requiring periodic reporting and ensuring those involved to comply with such reporting.
• Ensure proposals progress through their lifecycle by communicating votes and outcomes, engaging with Velora DAO delegates to address queries, facilitating submissions, providing advisory support for drafting and review, and ensuring compliance with voting requirements.
• Analyze voting patterns and anticipate results to identify potential risks.
• Being in charge of starting the different electoral processes to renew the positions in due time and form.
• Organizing regular Community Calls, AMAs and/or meetings for specific purposes, generating reports based on both including transcripts, recordings, or a summary of what was discussed at each meeting.
• Drafting quarterly reporting on DAO activity
• To be a signer of the various multi-sigs that may be created to manage budgets, to make payments to service providers, contributors and others. It will also exercise oversight over payments and drive accountability if required.
• Continue attracting top talent and key industry players to the DAO and the protocol and develop DAO Growth initiatives to increase activity and participation in the DAO.
• Conduct governance experiments to identify the most effective mechanisms for collective decision-making and contributor rewards.
• The above-mentioned roles absorb the DIP Program Manager role, as has been outlined, and we will continue to develop it as we have done so far.
• With the focus on driving the DAO forward and contributing to an informed, engaged, and active community, we’ll commit to exploring initiatives to expand participation and attract talents that make up the Velora growth. The rather technical nature of the protocol demands for applicable knowledge on intent infrastructure, DeFi and partnerships and we’re set to attract those contributors with the right set of governance rails.

4.- SEEDGov - About us

You can read this section here

5.- Deliverables and commitment

• Deliver quarterly reports, 4 reports in total, reporting on the status of the DAO and its activity and the delegate participation.
• Organize and host monthly or bimonthly Community Calls - as circumstances require - to discuss and update on protocol developments, DAO activity, delegate and community participation in voting and proposals, new partnerships and alliances, and other current topics, with the goal of transitioning to regular monthly Community Calls when the DAO’s activity justifies it.
• Maintain at least ten active delegates who bring value and diversity of views to the DAO.

Means

This proposal does not require any additional Velora, external product or development.

Implementation Overview

We do not foresee any potential negative outcome of the present proposal and it is not expected for the DAO to derive any associated implementation action. The duration of the proposal will be of 12 months after its approval.

Time of Implementation

1 year, from April 2025 to March 2026, with a reevaluation period at 6 months in September 2025, during which the DAO may revoke or modify the agreement through a vote if deemed necessary.

A one-year term with a six-month review is appropriate for the proposed role given its scope and responsibilities. Since the tasks involve prioritizing initiatives, discussing proposals with the community, implementing them, measuring their impact, and making necessary adjustments, it is essential to have enough time to effectively execute each of these phases.

The six-month review serves as a checkpoint to assess initial progress, identify any necessary adjustments, and ensure that the work remains aligned with the established objectives. This structure provides a balance between flexibility and continuity, allowing initiatives the time needed to create impact while maintaining a control point to optimize their development.

The reports to be delivered, their content and KPIs have been detailed in the sections ‘New role - Scope - What we offer’ and ‘Deliverables and commitment’ above, we therefore remit to them.

Budget & Cost Breakdown

You can read this section here

Risk Assessment

We do not understand that the proposal has cons, and the pros and positive impact on the rest of the community, the ecosystem and the protocol, as indicated, are:

• Formally assign the role and tasks of a Governance Facilitator.
• Align the strategic priorities and define a strategic vision and mission for the DAO.
• Achieve optimal and efficient coordination and synergies between the various actors and stakeholders of the DAO and the protocol.
• Efficiently organize the DAO’s processes by establishing dedicated structures and frameworks for key focus areas.
• Monitoring the compliance of proposals.
• Continue attracting top talent and key industry players to the DAO and the protocol.
• Encourage more active and quality participation in Velora governance.
• Strengthen and improve governance processes.
• Moderate the forum to avoid spam and resolve conflicts.

This proposal does not modify any code of the protocol, so no audits are required.