Should the DAO implement a mechanism to delegate VP to multiple wallets?
by 0x511a22cdd2c4ee8357bb02df2578037ffe8a4d8d (ginoct)
Background:
Currently, voting power delegation in our DAO is limited to delegating to a single wallet address. That means that if a wallet has 1000VP, it can only delegate the totality of that VP to another address. At the moment, the walkaround to delegate VP to multiple users is first to transfer your tokens to multiple wallets and then delegate VP from each one of those wallets. This increases the cost of delegation due to the need for multiple transactions (At least one for transferring tokens and another one to delegate).
Proposed Solution:
This proposal suggests the implementation of a multi-address voting power delegation mechanism, which will allow members to delegate their voting power to multiple wallet addresses, rather than being limited to a single address.
Benefits:
- Lower gas fees: Delegating to multiple addresses will require fewer transactions, leading to lower gas fees for members.
- Increased transparency: Allowing members to delegate to multiple addresses will make it more transparent for anyone to see the different delegates another user has.
- Improved voting power distribution: Allowing members to delegate to multiple addresses will enable a more distributed voting power, resulting in a more representative decision-making process.
- Yes
- No
- Invalid question/options
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0xeD74...43c36F | 4.002M | Yes |
 0x2faA...D99159 | 885,474 | Yes |
 0x3fB3...c7A13B | 534,065 | Yes |
 0x0636...9c4843 | 454,189 | Yes |
 0xd6eF...9D6eF6 | 195,530 | Yes |
VOTE POWER
Proposal Status
- Tue January 10 2023, 05:02 pmVoting Period Starts
- Sun January 15 2023, 05:02 pmEnd Voting Period
Current Results
1-Yes
6.938M
2-Invalid question/options
0.112
3-No
0.002