(Re)delegation Week - Next Steps for Delegators

Governance (Re)delegation Week
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Thank you to the delegates who registered for (Re)delegation Week and presented on the AMA Governance Calls.

Now that we have heard from the delegates, it is your time, as a (potential) (re)delegator, to delegate your voting power to a delegate who best aligns with your values and vision for the ArbitrumDAO.

Who are the delegates?

Over the 4 governance calls during (Re)delegation Week, delegates presented their values, their vision for ArbitrumDAO, as well as why they would make good delegates. Please check out the presentation summaries and recordings (in the respective “recording” links) for each of these delegates:

To browse these delegates from the Tally UI, check out the Community Tab and sort by “Featured”.

Why should I be a delegator?

To participate in governance, token holders can either vote directly on proposals by delegating to themselves, or by delegating their voting power to a representative.

Keeping up with all aspects of governance can be challenging. As a result, many community members choose to transfer their token-weighted voting power to representatives (i.e. delegates) whose values align with their own and who are better positioned to make informed decisions for the DAO. By doing so, token holders can ensure their interests are represented without needing to actively track and vote on every proposal.

Accordingly, delegation allows token holders to passively engage in the governance of the ArbitrumDAO.

It is important to note that:

  • When you delegate, you still retain full ownership of the tokens, but your selected delegate will wield the voting power associated with those tokens
  • Even if you have already delegated your voting power, it is worth checking whether or not your delegate is still active. You can do so by finding your delegate’s profile here, to check whether they have voted in recent proposals and see their delegate score and contributor metrics
  • Through the Tally UI, you can change or revoke your delegation at any time (as described below)

What should I consider when delegating?

  • The delegate’s vision and values for the ArbitrumDAO (as seen in the recordings above)
  • The delegate’s relevant experience (as seen in the recordings above)
  • The delegate’s position on proposals (as seen in their delegate statements and/or Tally profiles)
  • The delegate’s level of engagement within the community and their willingness to listen and respond to feedback
  • The delegate’s level of technical expertise and their experience in the space
  • The amount of Voting Power that the delegate already has, with the aim of keeping voting power more decentralized
  • The delegate’s track record, if they have one (e.g. whether they have voted in recent proposals, as well as their delegate score and contributor metrics)*

*If you would like to delegate your voting power to a newer delegate, please bear in mind that these delegates might not yet have a high delegate score as this is developed over time.

How do I delegate?

  1. Visit the Tally UI to examine delegate profiles
  2. To browse by delegates who participated in (Re)delegation week, filter by “Featured Delegates”

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  1. Once you have selected a delegate that aligns with your vision and values for the Arbitrum DAO, connect your wallet to Tally by clicking on “Connect Wallet” and selecting the address that holds your $ARB tokens

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  1. Navigate to “My Voting Power” from the drop-down menu
  2. Select the “Delegate/Update Delegation” button

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  1. Select the “Someone Else” button

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  1. Search for the delegate you want to vote for by typing their Ethereum address or their name in the search bar, or search for the delegate you want to vote for through the Community tab
  2. Click on the “Delegate” button next to the delegate you’ve chosen
  3. Confirm the delegation by clicking on the “Delegate” button on the pop-up window that appears
  4. Wait for the transaction to be confirmed on the Arbitrum One network

To find out more about how to delegate your voting power, check out the Arbitrum Governance Docs.

What if I don’t want to delegate to anyone?

If you don’t want to or are unable to delegate your voting power to a delegate, there is also the option to delegate to the “exclude address” (0x00000000000000000000000000000000000A4B86). This would ensure that your $ARB is explicitly excluded from the count of circulating votable tokens (i.e. your $ARB would not be used for voting and would be excluded from ArbitrumDAO’s quorum calculations).

To do so:

  1. Follow the steps until Step 5, above
  2. From the “My Voting Power” section, select “Delegate/Update Delegation”
  3. Select the “Exclude from Quorum” button
  4. Wait for the transaction to be confirmed on the Arbitrum One network

Free (Re)delegation on Tally!

During the month of August, to encourage active (re)delegation, Tally will be turning on transaction relaying - this means that delegators can choose a delegate for free, as gas fees incurred for 1 per address to select a delegate, will be refunded*.

*To prevent spam, this refund will only be available to accounts that have had a balance of at least 1 ARB, as of July 15.

What is (Re)delegation Week

As a reminder, the aim of the initiative is to strengthen active and decentralized delegation within ArbitrumDAO by:

  • bringing awareness to the importance of participation, and promoting diverse voices
  • having more delegates actively participate in governance
  • encouraging community members to (re)assess and (re)assign their voting power to active delegates who best align with their values and vision for the DAO

Check out this forum post to learn more about (Re)delegation Week.

Check out this forum post to learn more about the role of delegates and delegators, and how and why to become a delegate or delegator.

Key Terms

  • Token holders: Members of the Arbitrum community who hold the $ARB token
  • Delegate: A party that can vote on Arbitrum Governance proposals 1. Could be an $ARB token holder or someone to whom other $ARB token holders have delegated their voting power
  • Delegator: A party who assigns their voting power to someone else, to vote on their behalf
  • Voting Power: The sum of $ARB tokens held by a token holder

Other resources:

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To those interested in redelegation, check out this Twitter space for one of the Thank ARB programs from Milestone 1B, the 0xCart Delegation Engine program.

Here is the link to set a reminder for the X space.

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