How the DAO Works

The Alvara DAO is the decentralized governance body of the protocol. It is governed by veALVA holders who participate in gauge weight voting, directing ALVA rewards to BSKTs each epoch.

Governance Model

Alvara's governance includes a gauge weight voting mechanism, similar to protocols like Curve and Balancer. As well as voting on individual proposals for protocol changes, veALVA holders vote on how to allocate reward emissions across BSKTs.

This creates a feedback loop:

1. Managers create high-performing BSKTs to attract gauge weight votes

2. Voters direct rewards to BSKTs they believe in

3. Depositors in rewarded BSKTs earn additional ALVA

4. More capital flows into well-performing BSKTs

Voting Power

Your voting power equals your veALVA balance. More veALVA means more influence over reward allocation.

• veALVA is earned by locking ALVA (see What is veALVA?)

• No minimum veALVA is required to vote

• Each veALVA equals one vote

• Voting power is proportional. If you hold 1% of all veALVA, you control 1% of the gauge weight allocation

Proposals

For protocol-level governance decisions (beyond gauge weight voting):

• Viewing: Anyone can view proposals on Snapshot

• Creating: Requires 3,000 veALVA minimum

• Voting: No minimum veALVA required

• Pass threshold: 51% of votes cast, with a 20% quorum of total veALVA

Where Governance Happens

Activity	Platform
Gauge weight voting	Alvara app (DAO page)
Governance proposals	Snapshot
Discussion & debate	Governance Forum
Community chat	Discord