Author: Velora Growth Committee

• Forum Activity: 30+ discussion threads covering strategic alignment, delegate programs, and protocol evolution

• Road to Velora Campaign Update: 4-week migration program launched with PSP staking and VLR rewards; in July, a new timeline for migration efforts was established

• Ongoing Delegate Incentives Program (DIP) Updates: Major community initiative with some of the highest engagement numbers of the month

• Governance in Dialogue Mode: Snapshot proposal activity was minimal as most governance work focused on coordination and open discussion following the April rebrand

• Project Miró Continues: Technical transition from DEX aggregation to intent-based trading discussed extensively: Transparency Report published, Deployment of VLR on BSC discussion concludes

• High Community Engagement: 20+ highly active participants across governance discussions

July 2025 marked a pivotal consolidation period for Velora DAO. While formal governance proposals remained limited, the community demonstrated high levels of informal engagement through forum discussions, delegate platform launches, and preparation for the protocol's next phase.

July's narrative largely centered on strategic preparation rather than reactive governance. The Velora Growth Committee (VGC) observed a community actively building toward the future through delegate program development, technical innovation discussions, and transparency initiatives.

This combination of factors represented a healthy governance ecosystem in transition, with forum activity reaching 30+ discussion threads while formal voting remained deliberately measured. The community appeared focused on strengthening its foundations rather than rushing into major decisions.

The three most significant forum initiatives in July demonstrated the DAO's proactive governance stance.

Strategic Alignment Initiative (SAI) for VeloraDAO emerged as the month's most forward-thinking discussion. Introduced on July 9th, this RFC garnered replies and participation from key delegates including Curia, AranaDigital, and citizen42. What is it? The SAI presents an informal discussion on establishing a shared strategic direction for the DAO and its contributors, and how such a process might be designed. What could be the impact? Successful implementation could help resolve coordination challenges and help to align and streamline that DAO’s efforts over the next 12 months. How is the community reacting? Early responses show support and optimism for this initiative, with experienced delegates providing constructive feedback on implementation mechanisms. SEEDGov, in particular, mentioned a similar ongoing effort to develop a framework in the near future.

Road to Velora Campaign Update, originally posted at the end of June, generated the highest visibility and gathered responses from top delegates during the month. The 4-week campaign featured PSP staking, daily quests, and referral systems to prepare holders for VLR token launch. In this update, Laita Labs provided results from the campaign, an updated roadmap for the migration timeline, and sought feedback from the community on new initiatives. In the comments, the community discussed the design of well thought-out incentive programs, the importance of timing the launch, additional reward mechanisms, InfoFi, and other important points for the broader community to consider prior to launch.

ParaSwap Delegate Incentives Program hit its 15-delegate limit, triggering the tie-breaker process outlined in PIP-58. With 16 applicants, SEEDGov applied the first criterion "voting participation over the past nine months" to finalize the list. As a result, Today in DeFi Research, who had the lowest participation across 26 Snapshot proposals, was not included this cycle. The full data was shared publicly, and conversations around renewing the program for a second cycle are expected to start soon.

Deprecation of the Governance Committee, originally posted in June, received a conclusion after its Snapshot was successfully passed. At the start of July, SEEDGov posted a comment outlining the process for selecting the signers of the multisig wallets. Five of the eight signers include the Foundation and the four current service providers (Mimic, Laita, SEEDGov, and WakeUp Labs); the remaining spots consisted of the top 3 delegates.

July 2025 presented an interesting governance paradox: high community engagement with limited formal voting activity.

The systems established through PIP-55: Reward Mechanism Automation remained the month's primary formal voting activities, with WakeUp Labs submitting Rewards Distribution and Gas Refunds Distribution proposals for Epoch 32. What were these proposals about? The proposals automate the execution of distributing rewards and executing gas refunds (targeting users staking sePSP1 and sePSP2) to improve efficiency and reduce manual intervention.

The absence of major non-routine Snapshot votes during July contrasts with the previous quarter's activity. What could be the impact? This quieter period allowed the community to process the implications of earlier decisions and to converse informally on the DAO’s future directions.

July 2025 demonstrated robust community health. Key participation indicators showed encouraging trends across multiple engagement vectors.

Forum Activity Metrics:

• 30+ active discussion threads throughout July

• Peak engagement on a new thread: [RFC] Strategic Alignment Initiative (SAI) for VeloraDAO (15 contributions)

• Highest visibility on a new thread: Road to Velora - Campaign Update And Roadmap Validation (400+ views)

• Most contributors: [RFC] Strategic Alignment Initiative (SAI) for VeloraDAO (12+ active participants)

Community Leadership became notably apparent through consistent participation patterns. SEEDGov appeared in 8+ threads, citizen42 contributed to 7+ discussions, DAOplomats maintained presence across 5+ governance threads, while Curia and Avantgarde provided strategic oversight based on their fields of expertise.

Delegate Platform Updates surged during mid-July, with 10+ delegates offering voting rationale for the WakeUp Labs Snapshot votes.

Participation Quality remained high. Discussions featured longer, more thoughtful contributions rather than quick reactions and low-quality contributions. The community is taking time to consider the implications of proposals or non-proposal ideas.

Technical innovation discussions centered on Project Miró’s roadmap, where community members demonstrated thoughtful consideration of the transition from ParaSwap to Velora and the various strategies available to optimize upcoming marketing efforts.

The Delegate ecosystem continues to develop in a healthy manner. The DAO regularly receives diverse delegate perspectives from established firms (e.g. Avantgarde Finance, DAOplomats) to highly-active individual contributors (e.g. Mehdi, Citizen42, 0xAlex, Ignas). SEEDGov continues to update the community on the results of the Delegate Incentives Program (DIP) at the beginning of each month, encouraging quality contributions from delegates.

Transparency initiatives showed through multiple forum posts. The GTF First Quarterly Report (July 7th), Fee Claimer Wallets Multisig updates (July 11th), and the Project Miró Transparency Report (July 28th) demonstrated a commitment to accountability to the broader community.

The Community Mirror Account was also established to help educate the community through longer-form articles and expand Velora’s brand presence. Contributions are welcome from Velora contributors, delegates, and the broader community.

Velora’s governance ecosystem enters August with a renewed strategic focus. July's combination of high community engagement with measured formal decision-making suggests that the DAO is forward-looking and preparing for the ecosystem’s ambitious roadmap.

Author: Velora Growth Committee

• Forum Activity: 30+ discussion threads covering strategic alignment, delegate programs, and protocol evolution

• Road to Velora Campaign Update: 4-week migration program launched with PSP staking and VLR rewards; in July, a new timeline for migration efforts was established

• Ongoing Delegate Incentives Program (DIP) Updates: Major community initiative with some of the highest engagement numbers of the month

• Governance in Dialogue Mode: Snapshot proposal activity was minimal as most governance work focused on coordination and open discussion following the April rebrand

• Project Miró Continues: Technical transition from DEX aggregation to intent-based trading discussed extensively: Transparency Report published, Deployment of VLR on BSC discussion concludes

• High Community Engagement: 20+ highly active participants across governance discussions

July 2025 marked a pivotal consolidation period for Velora DAO. While formal governance proposals remained limited, the community demonstrated high levels of informal engagement through forum discussions, delegate platform launches, and preparation for the protocol's next phase.

July's narrative largely centered on strategic preparation rather than reactive governance. The Velora Growth Committee (VGC) observed a community actively building toward the future through delegate program development, technical innovation discussions, and transparency initiatives.

This combination of factors represented a healthy governance ecosystem in transition, with forum activity reaching 30+ discussion threads while formal voting remained deliberately measured. The community appeared focused on strengthening its foundations rather than rushing into major decisions.

The three most significant forum initiatives in July demonstrated the DAO's proactive governance stance.

Strategic Alignment Initiative (SAI) for VeloraDAO emerged as the month's most forward-thinking discussion. Introduced on July 9th, this RFC garnered replies and participation from key delegates including Curia, AranaDigital, and citizen42. What is it? The SAI presents an informal discussion on establishing a shared strategic direction for the DAO and its contributors, and how such a process might be designed. What could be the impact? Successful implementation could help resolve coordination challenges and help to align and streamline that DAO’s efforts over the next 12 months. How is the community reacting? Early responses show support and optimism for this initiative, with experienced delegates providing constructive feedback on implementation mechanisms. SEEDGov, in particular, mentioned a similar ongoing effort to develop a framework in the near future.

Road to Velora Campaign Update, originally posted at the end of June, generated the highest visibility and gathered responses from top delegates during the month. The 4-week campaign featured PSP staking, daily quests, and referral systems to prepare holders for VLR token launch. In this update, Laita Labs provided results from the campaign, an updated roadmap for the migration timeline, and sought feedback from the community on new initiatives. In the comments, the community discussed the design of well thought-out incentive programs, the importance of timing the launch, additional reward mechanisms, InfoFi, and other important points for the broader community to consider prior to launch.

ParaSwap Delegate Incentives Program hit its 15-delegate limit, triggering the tie-breaker process outlined in PIP-58. With 16 applicants, SEEDGov applied the first criterion "voting participation over the past nine months" to finalize the list. As a result, Today in DeFi Research, who had the lowest participation across 26 Snapshot proposals, was not included this cycle. The full data was shared publicly, and conversations around renewing the program for a second cycle are expected to start soon.

Deprecation of the Governance Committee, originally posted in June, received a conclusion after its Snapshot was successfully passed. At the start of July, SEEDGov posted a comment outlining the process for selecting the signers of the multisig wallets. Five of the eight signers include the Foundation and the four current service providers (Mimic, Laita, SEEDGov, and WakeUp Labs); the remaining spots consisted of the top 3 delegates.

July 2025 presented an interesting governance paradox: high community engagement with limited formal voting activity.

The systems established through PIP-55: Reward Mechanism Automation remained the month's primary formal voting activities, with WakeUp Labs submitting Rewards Distribution and Gas Refunds Distribution proposals for Epoch 32. What were these proposals about? The proposals automate the execution of distributing rewards and executing gas refunds (targeting users staking sePSP1 and sePSP2) to improve efficiency and reduce manual intervention.

The absence of major non-routine Snapshot votes during July contrasts with the previous quarter's activity. What could be the impact? This quieter period allowed the community to process the implications of earlier decisions and to converse informally on the DAO’s future directions.

July 2025 demonstrated robust community health. Key participation indicators showed encouraging trends across multiple engagement vectors.

Forum Activity Metrics:

• 30+ active discussion threads throughout July

• Peak engagement on a new thread: [RFC] Strategic Alignment Initiative (SAI) for VeloraDAO (15 contributions)

• Highest visibility on a new thread: Road to Velora - Campaign Update And Roadmap Validation (400+ views)

• Most contributors: [RFC] Strategic Alignment Initiative (SAI) for VeloraDAO (12+ active participants)

Community Leadership became notably apparent through consistent participation patterns. SEEDGov appeared in 8+ threads, citizen42 contributed to 7+ discussions, DAOplomats maintained presence across 5+ governance threads, while Curia and Avantgarde provided strategic oversight based on their fields of expertise.

Delegate Platform Updates surged during mid-July, with 10+ delegates offering voting rationale for the WakeUp Labs Snapshot votes.

Participation Quality remained high. Discussions featured longer, more thoughtful contributions rather than quick reactions and low-quality contributions. The community is taking time to consider the implications of proposals or non-proposal ideas.

Technical innovation discussions centered on Project Miró’s roadmap, where community members demonstrated thoughtful consideration of the transition from ParaSwap to Velora and the various strategies available to optimize upcoming marketing efforts.

The Delegate ecosystem continues to develop in a healthy manner. The DAO regularly receives diverse delegate perspectives from established firms (e.g. Avantgarde Finance, DAOplomats) to highly-active individual contributors (e.g. Mehdi, Citizen42, 0xAlex, Ignas). SEEDGov continues to update the community on the results of the Delegate Incentives Program (DIP) at the beginning of each month, encouraging quality contributions from delegates.

Transparency initiatives showed through multiple forum posts. The GTF First Quarterly Report (July 7th), Fee Claimer Wallets Multisig updates (July 11th), and the Project Miró Transparency Report (July 28th) demonstrated a commitment to accountability to the broader community.

The Community Mirror Account was also established to help educate the community through longer-form articles and expand Velora’s brand presence. Contributions are welcome from Velora contributors, delegates, and the broader community.

Velora’s governance ecosystem enters August with a renewed strategic focus. July's combination of high community engagement with measured formal decision-making suggests that the DAO is forward-looking and preparing for the ecosystem’s ambitious roadmap.