Token Delegation

A Delegate is a trusted member of the Tevaera community, chosen by token holders to represent them in governance decisions. Delegates vote and make decisions on behalf of those who delegate their voting power to them.

How Delegation Works

Delegating the voting power of your Teva tokens doesn’t affect ownership. it simply activates your tokens’ voting power and assigns that voting authority to the address of your choice.

Changeable Delegation

Token holders can adjust their delegation at any time on tally. Once delegated, the arrangement will remain in place unless modified by the token holder or if the tokens are transferred to a new address.

Single Address Delegation

Voting power within one wallet must be assigned to a single address, it cannot be split across multiple addresses.

Self-Custody Requirement

Only the token holder can delegate their tokens. Tokens held in wallets on centralized exchanges cannot be delegated.

Why Delegation is Important

Delegation makes it possible for anyone in the Tevaera community to have voting power without needing to own tokens directly. This inclusive approach enhances participation, strengthening the governance and vision of the Tevaera ecosystem.

Join as a Delegate for delegating vote rights!

How to Delegate

1

Visit Tally Tevaera DAO

2

Connect Your Wallet

3

Delegate Voting Power

4

Confirm Delegation