VDP-65 Introducing Delegated Voting

Summary: We propose to allow token holders of VITA to delegate their voting rights to a delegate and wallet of their choice to vote on their behalf.

Why Delegate?

• For those VITA token holders who may not have the time to actively participate in the governance and evaluation of the research proposals of VitaDAO, we suggest that they can delegate the voting power of their tokens to a volunter who has offered to take on this responsibility. These volunteers are known as delegates.

Delegating your voting power:

• If someone holds VITA, they have the option of assigning their voting power to a delegate. This can be done by accessing the delegate dashboard, which provides information about all available delegates, as well as their qualifications and applications. Through delegation, it is possible to ensure the community’s opinions and views are taken into account when voting. Furthermore, it is possible to reverse or cancel a delegation at any point.

Specification:

• Tech contributors implement snapshot delegation strategy
• Awareness + Community contributors: raises awarenes for people to apply as delegates
• Ops contributors: onboard delegates, helps them setting up their identity/ens etc.
• Longevity WG: raises awareness within their working group members to apply as delegates, helps onboarding them, potentially rewards active delegates?

Incentives, Budget

• As a starting point, 10k vested VITA tokens will be given to active delegates as a reward over the first 1-2 years, that this proposal squad is responsible for designing in a way that it is aligned with governance goals of especially growing governance participating by reputable longevity researchers.