# Arana Digital Delegate Platform **URL:** \ **Category:** Delegates\ **Tags:** introduction\ **Created:** [April 22, 2024, 10:02pm UTC](https://forum.ajna.finance/t/arana-digital-delegate-platform/211 "2024-04-22T22:02:49Z")\ **Posts on this page:** 3\ **Page:** 1
**Author:** ![AranaDigital](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.ajna.finance/aranadigital/32/116_2.png) [@AranaDigital](https://forum.ajna.finance/u/AranaDigital)\ **Post date:** [April 22, 2024, 10:02pm UTC](https://forum.ajna.finance/t/arana-digital-delegate-platform/211/1 "2024-04-22T22:02:49Z")
## Key Info **Name:** Arana Digital **Delegate Address:** 0x0579A616689f7ed748dC07692A3F150D44b0CA09 **Forum:** @AranaDigital **Discord:** @ubermar **Email:** [arana.governance@gmail.com](mailto:arana.governance@gmail.com) **External Website:** [https://twitter.com/aranaventures](https://twitter.com/aranaventures) **Voting Activity:** [Tally](https://www.tally.xyz/gov/arbitrum) & [Boardroom](https://boardroom.io/voter/0x0579A616689f7ed748dC07692A3F150D44b0CA09) ## About We are a governance group composed of ex-Michigan Blockchain members. Our team is currently made up of five individuals, all of which are deeply steeped in the crypto space and have multiple years of participation in protocol governance. With delegation history for DEXs, money markets, L2s, liquid staking protocols, and stablecoins, we’re acclimated with a breadth of sectors. We bring a diversity of experience to DAOs–our members have consulted for companies like Immutable and dYdX, worked at crypto investment and trading firms, set up various validator nodes, and run educational events for university students. ## Core Values - **Diligence:** We thoroughly investigate each proposal, engaging with other delegates and service providers to gather diverse perspectives and insights prior to making a decision. - **Transparency:** We openly sharing information about decisions and their rationales, providing clear and accessible updates, and ensuring that all processes are effectively to the community. - **Innovation + Sustainability:** We champion initiatives that will both allow the DAO and its underlying protocol to sustain its advantages, all the while continuously looking to iron out flaws and introduce efficiencies. ## Delegate Statement Ajna has been a pioneer in the DeFi lending space since its inception and Arana has been an active participant in the sector with past experiences as delegates for Aave and Compound among others. Ajna is set to disrupt these lending incombants with its permissionless isolated market creation that eliminates oracle dependence and enables the creation of markets for all assets. While the Ajna protocol will serve as a primitive for the future of DeFi, the role of Ajna governance is to ensure the long-term sustainability of the Ajna protocol and the DeFi ecosystem as a whole by assessing and promoting Grant Proposals that aim to improve Ajna’s adoption and address the needs of the project. As a delegate, Arana has extensive experience supporting grants programs from protocols like Arbitrum and Uniswap and we look forward to working with Ajna stakeholders to sustainably benefit the Ajna protocol. ## Disclosures - Arana Digital has a sister company called Arana Ventures that invests in small cap public market assets–ownership of relevant assets will be disclosed if related to a particular vote or event - We are delegates for a handful of other DAOs–including Uniswap, Arbitrum, and Aave - Our team will report any proposal-specific conflicts of interest as they arise **WAIVER OF LIABILITY** By delegating to Arana Digital, you acknowledge and agree that Arana Digital participates on a best efforts basis and will not be liable for any form of damages related to its involvement in Aave governance. ---
**Author:** ![Davidutro](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.ajna.finance/davidutro/32/8_2.png) [@Davidutro](https://forum.ajna.finance/u/Davidutro)\ **Post date:** [April 24, 2024, 4:52pm UTC](https://forum.ajna.finance/t/arana-digital-delegate-platform/211/2 "2024-04-24T16:52:38Z")
Welcome to the Ajna Grants Program! Curious to hear your ideas and feedback for how we can bolster Ajna’s growth and overall success. ---
**Author:** ![AranaDigital](https://yyz1.discourse-cdn.com/flex027/user_avatar/forum.ajna.finance/aranadigital/32/116_2.png) [@AranaDigital](https://forum.ajna.finance/u/AranaDigital)\ **Post date:** [July 18, 2024, 10:45pm UTC](https://forum.ajna.finance/t/arana-digital-delegate-platform/211/3 "2024-07-18T22:45:36Z")
**Below are our voting decisions and rationales behind how we distributed voting power during the funding round from Cycle 2:** 1/4 to Prototech\_Labs: [Ajna ARK - Ajna Auto Rebalancing Kit](https://forum.ajna.finance/t/ajna-ark-ajna-auto-rebalancing-kit/234) 1/4 to @Davidutro: [Pt 2 Community, Business Development, and Grants Support Proposal](https://forum.ajna.finance/t/pt-2-community-business-development-and-grants-support-proposal/223) 1/2 to @kfedoseev: [Secondary on-chain market for Ajna lenders](https://forum.ajna.finance/t/secondary-on-chain-market-for-ajna-lenders/235) Kirill’s proposal for a secondary on-chain market, in Arana’s opinion, is a necessary addition to Ajna’s ecosystem in order to make it an ideal primitive for markets to build on top. Ajna’s capitally efficient and oracleless model comes with the compromise of illiquidity, a compromise that could hinder potential use cases and deter many lenders. A secondary market solves this. Kirill’s timeline and raise amount is reasonable and his background is strong. Similar to the previous proposal, Prototech’s Ajna ark is a compelling addition that addresses the lending market’s other significant compromise: high maintenance. In order to achieve optimal yield, lenders have to continuously update their positions, which can be time consuming and expensive. Lowering this barrier should improve liquidity significantly. A couple things to note–auto rebalancing can cost a lot in gas if done fully onchain; active management of liquidity is still required for price discovery. Funding David’s proposal is necessary in our opinion as he needs to finish the important work he has begun. He has properly identified three areas Ajna can improve in and has a clear list of a deliverable, with traction, to further Ajna as an ecosystem. He’s a dedicated member of this community, and is building a strong foundation for Ajna to grow from.