Comment on page
Governance
Aura is a decentralized and community-governed protocol. Token holders direct all actions undertaken through Aura Vote Locking.
The core things to be governed in the Aura system are as follows:
- 1.Internal proposals (e.g. setting fee rates)
- 2.
- 3.Balancer Snapshot voting
Aura has prepared for full on-chain governance by implementing vote delegation on the Vote Locked Aura contract. That said, until the Aura voter base matures, a safer method will be used for executing governance decisions.
Protocol Multisig - Internal proposals, Gauge votes
Treasury Multisig - Treasury
Provided it is technically feasible and doesn't require compromising on security, Aura is committed to transitioning this mechanism on-chain via the likes of Governor bravo in the forthcoming months when appropriate.
"Internal governance proposals (e.g. setting fee rates)" - this can be moved on chain with GovernorBravo implementation once the vote distribution is sufficiently mature.
"Aura treasury" - this can be moved forward with either Gnosis SafeSnap or an on-chain treasury management solution.
"Balancer Gauge voting" - custom smart contracts can be used for this. Given the uptick in gas costs in voting for gauges each week, this solution may be deployed on a cheaper L2 and forwarded.
Last modified 16d ago