Vote Delegation
1 min read
Pronunciation
[voht del-i-gey-shuhn]
Analogy
Like giving a trusted colleague a power of attorney to vote at shareholder meetings when you can’t attend.
Definition
Key Points Intro
Delegation increases governance participation by offloading voting effort.
Key Points
Proxy: delegatee casts votes using delegator’s voting weight
Revocable: delegators can change or withdraw delegation
Gas savings: fewer transactions by consolidating votes
Transparency: on-chain records of delegation mappings
Example
Compound token holders delegate their COMP balance to governance delegates who vote on proposals in their stead.
Technical Deep Dive
ERC-20Votes extension implements `delegate(address)` and checkpointing: updates `checkpoints[delegatee]` at current block. `getPastVotes` reads historical vote power for proposal snapshot blocks.
Security Warning
Delegates may act against delegators’ interests; choose delegates carefully.
Caveat
Over-delegation can centralize voting power and reduce direct stakeholder engagement.
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