Delegation

Delegates are DAO Members who have been delegated voting power from another party’s governance tokens through an on-chain transaction.

  • Only DAO Members in good standing may be Delegates.

  • Non-Members who hold the DAO’s governance token may only delegate their token votes to a DAO Member in good standing.

Delegators

  • The DAO allows DAO Members and other governance token holders may explicitly delegate their votes to any Delegate another member

  • Delegators and/or Delegates may remove the delegation at any time for any reason.

    • No delegation of votes may be permanent.

    • The Treasury Committee may regulate the maximum amount of time a token may be delegated before it requires re-delegation.

  • Tokens held by the Treasury, the Committees, or Team wallets are not eligible for Delegation.

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