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Tag: #proposal · 1 posts
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Posted Apr 10
🚀 Velora DAO Approves Wind-Down and Treasury Transfer to Laita Labs Velora DAO has approved a proposal to wind down its operations, transferring approximately $415,000 from its treasury to Laita Labs. According to NS3.AI, this decision will shift protocol operations and future revenue to the development company. The proposal also includes ending the DAO's 20% fee routing, retiring staking with immediate withdrawals, and designating VLR as a governance-only token. The vote passed with 65.8% support. #VeloraDAO#WindDown#TreasuryTransfer#LaitaLabs#NS3AI#DAO#GovernanceToken#VLR#Proposal#Cryptocurrency
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