♻️Delegate

When participating in the HiDAO, token holders have the option to either vote directly on proposals or to give their voting power to a delegate. This chapter explores the role of delegates and delegation within the HiDAO context.

What is a delegate?​

A delegate is a member of the HiDAO community who has been elected to represent other token holders and vote on their behalf. Delegates are elected by token holders who choose to grant their voting power to them. Delegates are required to follow the DAO rules and are obliged to act in the best interest of the token holders whom they represent.

Why delegate?​

Delegation allows token holders to participate in the governance of the HiDAO without having to actively keep track of every proposal and voting process. By granting their voting power to a delegate, token holders can passively participate by entrusting a representative to vote on proposals in a way that aligns with their own beliefs and values.

Token holders who delegate their voting power are able to revoke this delegation and reclaim voting power back to themselves at any time.

How to delegate​

Read here