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CryptoWorld.net reports, ME News reports, on April 7 (UTC+8), Velora (formerly Paraswap) released a new governance proposal. The main changes include: focusing on structural decisions for the VLR token; terminating the staking program and stopping reward distribution; closing the DAO treasury and using the remaining funds to pay for infrastructure services; stopping DAO-level fee routing; and updating multi-signature configurations to match governance scope. The proposal claims that these changes will not modify the token supply, unlock schedule, token distribution, or VLR transferability. In the future, governance will focus on structural decisions affecting the VLR token, while protocol operations and infrastructure will continue to be supported by the project development team.