Delegate

What is Delegate?

To delegate is to assign your voting power or governance rights to another address without transferring ownership of your tokens. It allows you to participate in governance through an expert.

How does Delegate work?

1. You select a "Delegate" (usually a community leader or expert) whom you trust.
2. You sign a transaction that "points" your voting power to their wallet address.
3. Your tokens remain securely in your own wallet and never move.
4. When a vote occurs, the delegate's vote includes the weight of all delegated tokens.
5. You can change or revoke your delegation at any time.

Why does Delegate matter?

Delegation solves "voter apathy" by allowing busy holders to empower active participants. it ensures that decisions are made by those with the time and knowledge to research proposals, leading to more effective governance.

Key features of Delegate

• Shifts voting power, not tokens
• Non-custodial and reversible
• Enables passive participation in DAOs
• Concentrates expertise in decision-making
• Transparent and verifiable on-chain

Examples of Delegate

• Delegating your UNI tokens to a "Governance House" to vote on Uniswap proposals.
• An ARB holder delegating to a technical expert to monitor Arbitrum L2 upgrades.
• Delegating voting power to yourself (self-delegation) to enable direct voting.