Delegation of ARB tokens
In accordance the governance forum discussion (https://gov.gmx.io/t/delegation-of-arb-tokens/2427/1) while a long-term plan is decided for the delegation of the ARB tokens in the GMX treasury, a nominee will be elected for a maximum of 6 months (unless extended by a vote or removed by our DAO governance).
During the 5 day nomination process only a single nominee put themselves forward (coinflipcanada) so the vote will be to delegate or not to delegate to this candidate.
While any delegates must exercise their voting rights as they see fit, it is advisable for our DAO to express certain principles in the hope they will consider which are listed below.
- It is encourage delegates to vote for proposals, including on those that may align directly or interectly with GMX’s interests, financially or otherwise.
- Advocate for the exercise of voting power on proposals from protocol partners collaborating with GMX to ensure equitable governance.
- Whenever possible, encourage delegates to either abstain from voting or vote to abstain on proposals from competitors to GMX to avoid taking a stance. In cases of especially contentious proposals, GMX should express our concerns through governance forums and voting notes.
- Suggest that delegates seek feedback from the governance community when appropriate, but ultimately the DAO trust them with the responsibility to exercise their judgment.
Tally Link:
| Voter | Cast Power | Vote & Rationale |
|---|---|---|
 0x72ac...C9f9B4 | 148,099 | Delegate ARB to coinflipcanada |
 0xDda8...58c113 | 53,143 | Delegate ARB to coinflipcanada |
 0x2D88...5A5233 | 37,811 | Delegate ARB to coinflipcanada |
 0x9965...6Fd279 | 30,928 | Delegate ARB to coinflipcanada |
 0xC3b2...2DFf5d | 25,608 | Delegate ARB to coinflipcanada |
VOTE POWER
Proposal Status
- Tue September 26 2023, 10:42 amVoting Period Starts
- Sat September 30 2023, 10:30 amEnd Voting Period
Current Results
1-Delegate ARB to coinflipcanada
431,331.464
2-Do not delegate ARB
32,307.972