What is Vote Delegation and How Does It Work?
Vote Delegation allows holders of the BADGER token to entrust their voting power in snapshot to one or more chosen delegates. This is done through snapshot’s UI .
Delegates can then vote using the BADGER voting power delegated to them. This voting power is only usable on snapshot and does not grant the delegate any other rights. It is a permissonless system so anyone can delegate voting power to anyone else and they can end that delegation at any time.
BADGER holders are encouraged to continue sharing their views and opinions publicly in the Forum, Discord and social media, as well as privately if the choose.
Why Delegation?
Governance Engagement
Keeping up on governance is time consuming and some may not want to invest the time and effort to understand the implications of each BIP. Sometimes token holders don’t want to vote themselves, or think their vote will not “change the game” because they don’t have enough tokens. Delegation allows them to participate and have their voice heard.
Many of those investing time to fully understand Badger DAO do not have much voting power themselves. Delegation solves this dilemma by allowing people with unused voting power to delegate that power to those who are knowledgeable about the BIPS and share their philosophy on the progression of the DAO.
Improved Efficiency, Transparency and Direction
Delegation helps to reduce the communication barriers that arise in the governance of a big decentralized protocol.
With known delegates, with known voting power, it is possible to have more focused coordination & communication between the ones who actually formulate proposals and the big voters.
This should help to better shape the desired goals & direction - both long-term and short-term - and achieve them in a faster and more efficient way.
What it means to be a delegate
In an effort to encourage a more transparent dialogue between holders of BADGER and those who wish to be delegates, we have created this section of our forum. Being a delegate is open to any individual or organization and represents a commitment to engage actively in Badger’s governance process.
Some of the expectations of a delegate include:
- Read, understand, and provide feedback if necessary on governance forum posts
- Actively vote on governance proposals and explain the thinking behind each vote
- Have a strong understanding of Badger’s key metrics and ecosystem
Note: Delegates are not compensated for being a delegate
If you’re interested in being a delegate, please make sure to set up your Snapshot profile!