
How Governance Day Strengthens Velora DAO’s Rebrand and Governance Strategy
Author: Beni Bauer - Modular Crypto

Devconnect & Boosting Velora’s Presence in Latin America
Author: Beni Bauer - Modular Crypto & Velora Growth Committee (VGC)TL;DRWith the DAO’s approval of PIP-71, the community voted to sponsor Velora’s presence at Devconnect Argentina Governance Day through the “Gold Tier” option. The $4,000 investment positions Velora among the leading governance organizations globally, providing panel speaking opportunities, booth presence, and strategic networking at what has become the premier DAO governance event, with over 1,200 registrants expected based o...

From PSP to VLR: Inside Velora DEX’s Token Transformation
Author: Pink Brains & Ignas | DeFi “The old ParaSwap can’t come to the phone right now. Why? Cause it’s Velora.” The ParaSwap’s rebranding to Velora has brought with it more than just a new look. The shift to the VLR token marks a significant step in the platform’s evolution, unified token staking, multi-chain strategy, and how the project positions itself in the wider DeFi space. The rollout ties into Velora’s broader ambitions, community incentives, and renewed focus on partnerships and onb...
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How Governance Day Strengthens Velora DAO’s Rebrand and Governance Strategy
Author: Beni Bauer - Modular Crypto

Devconnect & Boosting Velora’s Presence in Latin America
Author: Beni Bauer - Modular Crypto & Velora Growth Committee (VGC)TL;DRWith the DAO’s approval of PIP-71, the community voted to sponsor Velora’s presence at Devconnect Argentina Governance Day through the “Gold Tier” option. The $4,000 investment positions Velora among the leading governance organizations globally, providing panel speaking opportunities, booth presence, and strategic networking at what has become the premier DAO governance event, with over 1,200 registrants expected based o...

From PSP to VLR: Inside Velora DEX’s Token Transformation
Author: Pink Brains & Ignas | DeFi “The old ParaSwap can’t come to the phone right now. Why? Cause it’s Velora.” The ParaSwap’s rebranding to Velora has brought with it more than just a new look. The shift to the VLR token marks a significant step in the platform’s evolution, unified token staking, multi-chain strategy, and how the project positions itself in the wider DeFi space. The rollout ties into Velora’s broader ambitions, community incentives, and renewed focus on partnerships and onb...
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Author: Velora Growth Committee
Velora’s first Delegate Incentives Program (DIP) cycle introduced a 4-tier incentive scheme to reward delegates for high voting and forum participation. Delegates qualified by holding ≥1 M PSP and voting in >80% of proposals. Over six months, 15 top delegates were paid monthly, based on their Total Participation (TP) score from votes and rationale submissions. The program far exceeded its goals: active delegates jumped from 12 to 19 (a +58% increase), token voting power among delegates rose from 223.7M to 282.3M PSP (>26%), every delegate in the program achieved over 90% average voting participation, and the weighted TP metric averaged 86.7% across all delegates (well above the 80% target). In short, governance power became more distributed and delegates became more active from a qualitative standpoint. Cycle 1 also stayed well under budget: only $101k of $180k was used in five months, and the final spend will likely be well under that amount.

Cycle 1 proved that clear incentives boost participation and quality of engagement. These results set the stage for Cycle 2, a renewed six-month program.
Max 15 paid delegates per month, ranked by performance. If more than 15 qualify, those with CP take priority; further tie-breakers include recent vote count and forum seniority.
Eligibility: ≥1M PSP delegated (or equivalent if token migration), forum account ≥3 months, published delegation page, and ≥80% voting participation in the prior 3 months.
Monthly payouts in PSP/New VLR; 30-day vesting. Max per-delegate payout remains $2,500/month.
Cycle 2, running from Sep 1st, 2025 to Feb 28th, 2026, keeps the same core approach as Cycle 1, but adds a “Contributor Points” (CP) component. The program had been renamed Velora Contributors Program (VCP) to emphasize broader contribution roles. Compensation is split into two “buckets” of activity, which can stack:
(1) Delegate Participation (Tiers) — for core governance work; unchanged structure from Cycle 1 but with reduced compensation per tier:
Tier 1: TP ≥95% → $1,500
Tier 2: TP ≥ 90% and < 95% → $1,250
Tier 3: TP ≥ 85% and < 90% → $1,000
Tier 4: TP ≥ 70% and < 85% → $750
(2) Contributor Points (CP) — for impact beyond the basics:
1-5 CP/month, each point worth $200 for a maximum of $1000; based on quality, relevance, effort, and impact (examples: technical research, analytics tooling, integrations, high-signal content, live sessions, proposal authorship/edits).
CP is independent of the Tiers but can stack with them. Hitting Tier 1 ($1,500) + top CP ($1,000) can reach the $2,500/month cap.
To qualify for points, a delegate must both satisfy a tier and deliver an extraordinary contribution.

Each month, the top 15 delegates receive payments by combined Tier + CP. This new system aims to reward quality and impact over mere activity, without overcomplicating the baseline expectations; it adds a level of granularity to Cycle 1’s available contributions. It’s meant to reduce the workload and compensation for the traditional tier-based delegate contributions, but creates a dual-track incentive model for delegates who have a greater time/effort commitment to the DAO. The maximum combined payout per month per delegate remains at $2500, but the specifics of how delegates earn that reward is now more structured.
Contributor Points can be earned multiple ways. Those include content production (e.g. articles on Mirror/Medium), X threads, YouTube/Twitch content, etc.), engagement (e.g. hosting X Spaces, streams, AMAs, etc.), promotion at events, developing analytics tools and providing metrics, providing relevant research, integrations with other protocols, and governance impact (e.g. submitting an impactful proposal, providing feedback that improves a proposal, etc.). These contributions are graded on quality, relevance, impact, workload/effort, engagement levels, and effectiveness. SEEDGov, the Program Manager, provided an Engagement Evaluation Scale, ranging from “Basic Participation” on the low end to “High-Level Contributions” on the high end.
Cycle 2 builds on Cycle 1’s momentum, and it is explicitly designed to “raise the bar” for delegate contributions. It maintains proven elements (formal application, monthly ranking, clear KPIs) while innovating on reward structure. By lowering baseline rewards and introducing the Contributor Points metric, the program incentivizes delegates to contribute beyond meeting the traditional Tier requirements. In distinguishing between regular delegate duties and high-impact contributions, the VCP aims to sustain high engagement and deepen the DAO’s collective expertise and output.
The VCP’s stated goals are to achieve an average Total Participation (TP) of 80% among participants; achieve extraordinary, meaningful, and valuable contributions from some delegates; to maintain or increase the current number of active delegates; and to expand the quality of debate and plurality of voices in Velora governance.
Cycle 2 officially runs from September 1, 2025 through February 28, 2026. As in Cycle 1, the Program Manager will submit monthly reports and TP scores, and a final impact report is due 15 days after the program ends.
Duration: 6 months (Sep–Feb)
Max paid delegates/month: 15
Tiers (per month): $750 / $1,000 / $1,250 / $1,500
CP: +1 to +5 points (stack with Tiers), $200 each for a maximum of $1000, up to the combined maximum $2,500/month cap
Eligibility: ≥1M PSP VP, 3-month forum age, delegation page, ≥80% voting (trailing 3 months)
Transparency: monthly reporting
Payouts: USD-denominated, paid in PSP/New VLR, 30-day vesting
Author: Velora Growth Committee
Velora’s first Delegate Incentives Program (DIP) cycle introduced a 4-tier incentive scheme to reward delegates for high voting and forum participation. Delegates qualified by holding ≥1 M PSP and voting in >80% of proposals. Over six months, 15 top delegates were paid monthly, based on their Total Participation (TP) score from votes and rationale submissions. The program far exceeded its goals: active delegates jumped from 12 to 19 (a +58% increase), token voting power among delegates rose from 223.7M to 282.3M PSP (>26%), every delegate in the program achieved over 90% average voting participation, and the weighted TP metric averaged 86.7% across all delegates (well above the 80% target). In short, governance power became more distributed and delegates became more active from a qualitative standpoint. Cycle 1 also stayed well under budget: only $101k of $180k was used in five months, and the final spend will likely be well under that amount.

Cycle 1 proved that clear incentives boost participation and quality of engagement. These results set the stage for Cycle 2, a renewed six-month program.
Max 15 paid delegates per month, ranked by performance. If more than 15 qualify, those with CP take priority; further tie-breakers include recent vote count and forum seniority.
Eligibility: ≥1M PSP delegated (or equivalent if token migration), forum account ≥3 months, published delegation page, and ≥80% voting participation in the prior 3 months.
Monthly payouts in PSP/New VLR; 30-day vesting. Max per-delegate payout remains $2,500/month.
Cycle 2, running from Sep 1st, 2025 to Feb 28th, 2026, keeps the same core approach as Cycle 1, but adds a “Contributor Points” (CP) component. The program had been renamed Velora Contributors Program (VCP) to emphasize broader contribution roles. Compensation is split into two “buckets” of activity, which can stack:
(1) Delegate Participation (Tiers) — for core governance work; unchanged structure from Cycle 1 but with reduced compensation per tier:
Tier 1: TP ≥95% → $1,500
Tier 2: TP ≥ 90% and < 95% → $1,250
Tier 3: TP ≥ 85% and < 90% → $1,000
Tier 4: TP ≥ 70% and < 85% → $750
(2) Contributor Points (CP) — for impact beyond the basics:
1-5 CP/month, each point worth $200 for a maximum of $1000; based on quality, relevance, effort, and impact (examples: technical research, analytics tooling, integrations, high-signal content, live sessions, proposal authorship/edits).
CP is independent of the Tiers but can stack with them. Hitting Tier 1 ($1,500) + top CP ($1,000) can reach the $2,500/month cap.
To qualify for points, a delegate must both satisfy a tier and deliver an extraordinary contribution.

Each month, the top 15 delegates receive payments by combined Tier + CP. This new system aims to reward quality and impact over mere activity, without overcomplicating the baseline expectations; it adds a level of granularity to Cycle 1’s available contributions. It’s meant to reduce the workload and compensation for the traditional tier-based delegate contributions, but creates a dual-track incentive model for delegates who have a greater time/effort commitment to the DAO. The maximum combined payout per month per delegate remains at $2500, but the specifics of how delegates earn that reward is now more structured.
Contributor Points can be earned multiple ways. Those include content production (e.g. articles on Mirror/Medium), X threads, YouTube/Twitch content, etc.), engagement (e.g. hosting X Spaces, streams, AMAs, etc.), promotion at events, developing analytics tools and providing metrics, providing relevant research, integrations with other protocols, and governance impact (e.g. submitting an impactful proposal, providing feedback that improves a proposal, etc.). These contributions are graded on quality, relevance, impact, workload/effort, engagement levels, and effectiveness. SEEDGov, the Program Manager, provided an Engagement Evaluation Scale, ranging from “Basic Participation” on the low end to “High-Level Contributions” on the high end.
Cycle 2 builds on Cycle 1’s momentum, and it is explicitly designed to “raise the bar” for delegate contributions. It maintains proven elements (formal application, monthly ranking, clear KPIs) while innovating on reward structure. By lowering baseline rewards and introducing the Contributor Points metric, the program incentivizes delegates to contribute beyond meeting the traditional Tier requirements. In distinguishing between regular delegate duties and high-impact contributions, the VCP aims to sustain high engagement and deepen the DAO’s collective expertise and output.
The VCP’s stated goals are to achieve an average Total Participation (TP) of 80% among participants; achieve extraordinary, meaningful, and valuable contributions from some delegates; to maintain or increase the current number of active delegates; and to expand the quality of debate and plurality of voices in Velora governance.
Cycle 2 officially runs from September 1, 2025 through February 28, 2026. As in Cycle 1, the Program Manager will submit monthly reports and TP scores, and a final impact report is due 15 days after the program ends.
Duration: 6 months (Sep–Feb)
Max paid delegates/month: 15
Tiers (per month): $750 / $1,000 / $1,250 / $1,500
CP: +1 to +5 points (stack with Tiers), $200 each for a maximum of $1000, up to the combined maximum $2,500/month cap
Eligibility: ≥1M PSP VP, 3-month forum age, delegation page, ≥80% voting (trailing 3 months)
Transparency: monthly reporting
Payouts: USD-denominated, paid in PSP/New VLR, 30-day vesting
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