We’re elated to announce our newest feature: Voting Delegation.
One of the largest challenges of DAO management is getting people to vote regularly.
The sheer number of proposals that need to be voted on can overwhelm DAO members, especially if they aren’t able to vote on mobile and aren’t getting notified when they need to vote.
We’re excited to tackle these key issues of DAO organization by developing new features like voting on mobile and robust notifications to remind members of proposals that are about to expire.
Today we’re excited to announce our newest feature to improve the voting experience in DAOs: Voting Delegation.
This feature allows you to delegate your vote to other members of the DAO to vote on your behalf.
The purpose of this feature is to help streamline voting to make sure that you don’t miss the proposals that are important to you and help the DAO organize and act more efficiently.
At any point, you're able to revoke your voting power back.
Here’s what you need to know:
- You can delegate your votes for all proposals, or only for specific types of proposals
- You can retain your vote (even after delegating it) if you vote BEFORE the person you delegated it to votes
Partial or Full Voting Power Delegation:
You can delegate all of your votes for all types of proposals, or you can specify which types of proposals for which you’d like to delegate your votes. We developed the idea of partial delegation after noticing in the few existing platforms where you can currently delegate your vote, it requires you to delegate all of your votes for all types of proposals.
ENS Domains is one existing example of voting delegation in practice. At the end of last year, people who had ENS Token were able to keep their votes or delegate them during the claim process. However, it was an all-or-nothing situation, where once the vote was delegated, all of your power was gone. From this experience, we developed the idea of partial delegation.
Let’s use an example to illuminate how you might use partial delegation. Let’s say you don’t care to vote on any proposals dealing with less than 5 ETH. You can delegate your votes to someone else in the Collective for just proposals that are less than 5 ETH. If a proposal comes that is suggesting actions on 6 ETH, you’d vote on this proposal. But if a proposal comes that is 1.6 ETH, the person you delegated the vote to will vote on your behalf.
Retaining Your Voting Rights:
Even after you delegate your vote, you can retain your vote by voting BEFORE the person who the vote was delegated to. This means that even if you delegate your votes, you still have the power to vote on proposals you really care about.
You can also revoke your voting rights back at any point. This means that you take back all of your voting power from the person you delegated your votes to.
How do you delegate your votes?
When you are a member of a Collective, go to the Collective’s main page to see the new “Delegate Your Voting Rights” button. The button is next to “Add Proposal to Collective.”
When you click this button, you’ll have the ability to delegate your entire vote or click the “or Delegate a Specific Command” option to specifically delegate certain types of command.
There are 17 individual commands you can dynamically delegate. They are:
- Add Member
- Designate Signator
- Call Remote Contract
- Change Token/ETH Exchange Rate
- Change Min ETH Contribution
- Change Quorum
- Change Safe Threshold
- Link Wallet
- Remove Member
- Revoke Signator
- Send Ether
- Send Tokens
- Transfer ERC712 tokens
- Transfer ERC1155 tokens
- Transfer Assets
- Transfer ERC20 tokens
- Unlink Wallet
We hope you love this feature as much as we do! For any questions, reach out to [email protected].
Try it out and let us know what you think!