Chapter 7
Delegation
Most token holders do not vote — apathy, gas costs, and complexity push delegation. You assign voting power to a delegate who votes on your behalf while you retain token ownership.
Active delegates research proposals full-time; casual holders free-ride on their diligence. Protocols publish delegate statements and voting records — choose aligned representatives the way you would in political democracy.
Evaluate voting history, conflict-of-interest disclosures, participation rate, and alignment on values like growth versus safety. Professional delegate platforms and paid governance firms are emerging, compensated through DAO grants for dedicated work.