Atom AI
  • Introduction
  • Protocol Concepts
    • Collateral Vault
      • Overview
      • Vault Data
      • Functionality
    • Time Based Collateral Pool
    • Letter of Credit
  • Governance
    • Proposal Process
    • Delegation
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  1. Governance

Delegation

PreviousProposal Process

Last updated 3 months ago

Delegation

What is delegation?

The AtomAI protocol uses a governor contract that requires the delegation of ATM tokens to participate in on-chain governance. Delegating your ATM tokens can be done at.

Who can I delegate to?

You may delegate to yourself or third-parties. If you delegate to another account, you still maintain ownership of your tokens, but the votes the specified delegate casts will have the additional weight of your tokens until you re-delegate your ATM . You may revoke your delegation choice by re-delegating at any time.

Why do I need to delegate?

Delegation allows your tokens to be used to vote in on-chain proposals. Anvil is decentralized, so the diversity and number of ATM delegates bolster the protocol.

Why does delegation cost ETH?

Delegation costs ETH because you are writing your delegation to the Ethereum blockchain. The ETH you are paying is the gas fee for that transaction. A gasless delegation option exists whereby token holders may create an off-chain signature that allows any motivated account to execute their delegation preference on chain (see the delegateBySig function of the ATM).