Author: Velora Growth Committee (VGC)

• Launch of VLR: the migration from PSP/sePSP ➡️ VLR and sePSP2 ➡️ seVLR was officially started on September 16th.

• VCP Cycle 2: the 2nd cycle of the delegate incentive program officially kicked off its first month with clearer tracks and refined rewards for contributors.

• Ecosystem Presence: a sponsorship request for Governance Day 2025 (Buenos Aires) outlined budget, deliverables, and KPIs for IRL exposure.

• Governance Innovation: a proposed futarchy experiment was introduced by SEEDGov.

• Voting Activity: three new governance proposals went up for a vote. Automated DAO operations (rewards distributions / gas refunds per PIP-55 framework) continued their regular cadence.

September was largely an execution month: the community concentrated on migrating from PSP to the new VLR token, while formal governance activity was limited to routine, automated proposals. In parallel, a few forward-looking discussions were held concerning Governance Day sponsorship as a targeted brand-building opportunity and an opportunity to experiment with a futarchy-based system for Velora governance.

PIP-55: Reward Mechanism Automation‘s systems served as the main formal voting opportunity this month (outside of a 1-hour test transaction proposal), with WakeUp Labs submitting September’s Rewards Distribution and Gas Refunds Distribution proposals for Epoch 34. Both proposals passed their voting period in the first week of the month, each reaching 300%+ quorum.

PIP-71: VeloraDAO Sponsorship of Governance Day 2025 – Buenos Aires also progressed to a Snapshot vote after the discussion first emerged earlier in the month (see the Key forum discussions section below). It passed its vote on the final day of the month, with the “Sponsor Governance Day - Gold Tier” outcome emerging as the community’s selected choice.

PIP-XX: VeloraDAO Sponsorship of Governance Day 2025 – Buenos Aires was the first major community-led forum discussion of the month. The request detailed goals (showcasing features, Velora brand visibility, collaboration and business development, etc.), a budget with tiered options, and measurable outputs (attendee touchpoints, media reach, etc.). Community questions focused on cost effectiveness, ROI tracking, and coordinating concrete leads and potential integration partners.

Call to Staker-Delegators to migrate to the new VLR token and re-delegate was posted to the forum shortly after VLR migration was officially launched on September 16th. SEEDGov used the forum post to announce that (1) the old voting tokens were replaced with the new VLR/seVLR tokens and (2) Base was added as a new voting chain, joining Ethereum and Optimism Mainnet. The main call-to-action was for holders/stakers of the old PSP/sePSP/sePSP2 to migrate and (re-)delegate using the in-app migration tool.

PIP-XX - Liquidity Funding for Futarchy Experimentation in Velora Governance served as the third major community discussion, posted to the forum on September 17th. In this post, SEEDGov proposed funding a low-risk futarchy experiment for Velora governance with $50,000 in temporary DAO liquidity. The proposal entailed launching a non-binding pilot with Futarchy.fi to test YES/NO conditional markets in Velora governance; the VGC would create markets forecasting VLR price and outcomes of proposals and milestones. Funds would be returned to the treasury after the conclusion of the trial. The proposal is meant to explore future potential deeper protocol partnerships between Velora and Futarchy.fi.

From a high level, September 2025 showed governance activity similar to that of July: a low volume of formal proposals went up for a vote, but the community showed high levels of informal engagement through future-oriented forum discussions and preparation for the protocol's next phase.

• 32+ active discussion threads throughout September.

• Peak engagement on a new thread: PIP-XX - Liquidity Funding for Futarchy Experimentation in Velora Governance (20 contributions).

• Highest visibility on a new thread: PIP-71: VeloraDAO Sponsorship of Governance Day 2025 – Buenos Aires (275+ views).

• Most contributors: PIP-XX - Liquidity Funding for Futarchy Experimentation in Velora Governance (15 active participants).

• Delegate Platform Updates surged during proposal submission times (start of September for the WakeUp Labs proposals and end of the month for the Governance Day proposal). 18 delegates offered voting rationales throughout the month.

As September concludes, multiple concurrent systems are in place and ideas are taking shape that are expected to come to fruition in the next month:

• Continued Migration of PSP to VLR: With early migrators receiving a bonus until December 16th, we will see continued pushes for the community to migrate their PSP and sePSP to VLR, and their sePSP2 to seVLR.

• VCP Cycle 2 Reporting & Continuation: While September marked the first month of the renewed Velora Contributor program, we can expect to see reporting from the Program Manager and contributions from delegates in October.

• Progression of Proposals: The Futarchy proposal remains the primary community voting decision carrying over from September to October. Routine Snapshots (rewards / gas refunds) are expected to continue as planned.

• Events: On the events side, after the Governance Day proposal passed, we can expect event preparations to be conducted leading up to the November 15-16th event dates.

Author: Velora Growth Committee (VGC)

• Launch of VLR: the migration from PSP/sePSP ➡️ VLR and sePSP2 ➡️ seVLR was officially started on September 16th.

• VCP Cycle 2: the 2nd cycle of the delegate incentive program officially kicked off its first month with clearer tracks and refined rewards for contributors.

• Ecosystem Presence: a sponsorship request for Governance Day 2025 (Buenos Aires) outlined budget, deliverables, and KPIs for IRL exposure.

• Governance Innovation: a proposed futarchy experiment was introduced by SEEDGov.

• Voting Activity: three new governance proposals went up for a vote. Automated DAO operations (rewards distributions / gas refunds per PIP-55 framework) continued their regular cadence.

September was largely an execution month: the community concentrated on migrating from PSP to the new VLR token, while formal governance activity was limited to routine, automated proposals. In parallel, a few forward-looking discussions were held concerning Governance Day sponsorship as a targeted brand-building opportunity and an opportunity to experiment with a futarchy-based system for Velora governance.

PIP-55: Reward Mechanism Automation‘s systems served as the main formal voting opportunity this month (outside of a 1-hour test transaction proposal), with WakeUp Labs submitting September’s Rewards Distribution and Gas Refunds Distribution proposals for Epoch 34. Both proposals passed their voting period in the first week of the month, each reaching 300%+ quorum.

PIP-71: VeloraDAO Sponsorship of Governance Day 2025 – Buenos Aires also progressed to a Snapshot vote after the discussion first emerged earlier in the month (see the Key forum discussions section below). It passed its vote on the final day of the month, with the “Sponsor Governance Day - Gold Tier” outcome emerging as the community’s selected choice.

PIP-XX: VeloraDAO Sponsorship of Governance Day 2025 – Buenos Aires was the first major community-led forum discussion of the month. The request detailed goals (showcasing features, Velora brand visibility, collaboration and business development, etc.), a budget with tiered options, and measurable outputs (attendee touchpoints, media reach, etc.). Community questions focused on cost effectiveness, ROI tracking, and coordinating concrete leads and potential integration partners.

Call to Staker-Delegators to migrate to the new VLR token and re-delegate was posted to the forum shortly after VLR migration was officially launched on September 16th. SEEDGov used the forum post to announce that (1) the old voting tokens were replaced with the new VLR/seVLR tokens and (2) Base was added as a new voting chain, joining Ethereum and Optimism Mainnet. The main call-to-action was for holders/stakers of the old PSP/sePSP/sePSP2 to migrate and (re-)delegate using the in-app migration tool.

PIP-XX - Liquidity Funding for Futarchy Experimentation in Velora Governance served as the third major community discussion, posted to the forum on September 17th. In this post, SEEDGov proposed funding a low-risk futarchy experiment for Velora governance with $50,000 in temporary DAO liquidity. The proposal entailed launching a non-binding pilot with Futarchy.fi to test YES/NO conditional markets in Velora governance; the VGC would create markets forecasting VLR price and outcomes of proposals and milestones. Funds would be returned to the treasury after the conclusion of the trial. The proposal is meant to explore future potential deeper protocol partnerships between Velora and Futarchy.fi.

From a high level, September 2025 showed governance activity similar to that of July: a low volume of formal proposals went up for a vote, but the community showed high levels of informal engagement through future-oriented forum discussions and preparation for the protocol's next phase.

• 32+ active discussion threads throughout September.

• Peak engagement on a new thread: PIP-XX - Liquidity Funding for Futarchy Experimentation in Velora Governance (20 contributions).

• Highest visibility on a new thread: PIP-71: VeloraDAO Sponsorship of Governance Day 2025 – Buenos Aires (275+ views).

• Most contributors: PIP-XX - Liquidity Funding for Futarchy Experimentation in Velora Governance (15 active participants).

• Delegate Platform Updates surged during proposal submission times (start of September for the WakeUp Labs proposals and end of the month for the Governance Day proposal). 18 delegates offered voting rationales throughout the month.

As September concludes, multiple concurrent systems are in place and ideas are taking shape that are expected to come to fruition in the next month:

• Continued Migration of PSP to VLR: With early migrators receiving a bonus until December 16th, we will see continued pushes for the community to migrate their PSP and sePSP to VLR, and their sePSP2 to seVLR.

• VCP Cycle 2 Reporting & Continuation: While September marked the first month of the renewed Velora Contributor program, we can expect to see reporting from the Program Manager and contributions from delegates in October.

• Progression of Proposals: The Futarchy proposal remains the primary community voting decision carrying over from September to October. Routine Snapshots (rewards / gas refunds) are expected to continue as planned.

• Events: On the events side, after the Governance Day proposal passed, we can expect event preparations to be conducted leading up to the November 15-16th event dates.