Moonwell Delegate Guidelines
Thank you for your interest in becoming a delegate in Moonwell Governance. Before posting your delegation pitch to the community, please review the information below. For any further questions not covered in the guidelines, feel free to ask us in the #Governance channel of our Discord.
Who are delegates and why are they important?
In simple terms, delgates are representatives. Much like in representative forms of government, delegates vote on behalf of those that delegate their voting power to them. Delegates play a vital role in our DAO, as many community members may not be able to dedicate sufficient time and energy to stay informed of all the latest proposals, forum discussions, and protocol developments. Delegating their voting power enables these members to still have a say in governance, without being intimately involved in the day to day workings of the DAO.
What exactly does a delegate do?
A delegate represents others in Moonwell Governance. It is recommended that a delegate regularly votes on proposals, contributes to active forum discussions, and lets their constituents know where they stand on specific issues.
It is also recommended that delegates maintain their “delegation pitch” thread. You can do this by being available to discuss governance issues with your constituents and announcing ahead of time how you will vote on newly introduced proposals.
What is required to become a delegate?
Becoming a delegate is as easy as nominating yourself by creating a post in the delegation pitch category of the forum. Once a user has chosen to delegate their WELL or MFAM tokens to your address, you then wield their voting power and represent them in Moonwell Governance.
What information do I need to include in my delegate pitch?
If you are interested in becoming a delegate, please include the below information in your delegate pitch:
- Name/alias or entities name
- ERC-20 address
- Statement of intent
- Background and Qualifications
- Framework for voting
- Additional URL