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Alvara ProtocolAlvara Protocolby0xA592cc129eaa9c97a7C5Dc00BB2Ad5753C1994f60xA592…94f6

Proposal to change the amount of fees paid to basket managers

Voting ended about 2 months agoSucceeded

After a few weeks of use, it is clear that the current system suffers from a certain imbalance: basket managers have too little financial incentive to try to increase their TVL as much as possible. Worse still, they often try to scare investors away in order to keep most of the rewards from their own votes for themselves.

The annual 1% management fee is negligible compared to the rewards distributed each week through voting.

That is why, after lengthy discussions and exchanges of ideas with some of the long-standing participants in this project, we propose to change this system so that each basket manager feels motivated to attract as many investors as possible (through good results, advertising, or any other action that will benefit the project as a whole).

We propose to increase the fees paid to basket managers to 1% per MONTH, or even 1.5% per MONTH.

Off-Chain Vote

1% per month
0 veALVA0%
1.5% per month
5.26M veALVA91.4%
No change
495.14K veALVA8.6%
Download mobile app to vote

Discussion

Alvara ProtocolProposal to change the amount of fees paid to basket managers

Timeline

Feb 16, 2026Proposal created
Feb 16, 2026Proposal vote started
Feb 19, 2026Proposal vote ended
Feb 19, 2026Proposal updated